Category: Estate Planning
Young children are often the driving force for parents to come to see an estate planner and set up a trust. The concern that the worst possible situation may occur and the children will be raised without their parents is unfortunately something that must be considered. When parents do not plan ahead for their minor […]
Trusts are widely used by estate planning attorneys, with good reason. Trusts are a good way to pass wealth from one generation to the next, protecting assets from the effects of estate taxes, divorce, creditors and scam artists. But trusts are not the only way to transfer wealth. There are times when a simple outright […]
It’s so easy to put off estate planning, when lives are busy and there are more inviting things to think about than death and taxes. Perhaps the most common mistake is thinking that estate planning is a do-it-yourself project. Only if you want your loved ones to inherit a mess! The biggest problem that results […]
Getting to a successful estate plan can be a tricky road to follow. Laws create a path that has many steep inclines and sharp curves. The biggest roadblocks to a successful estate plan, however, are not written in statute books or government regulations. They exist in the mind. Collaboration between an estate planning attorney and […]
Families in the United States and the United Kingdom who think they can save a few pence by downloading wills from online services are learning the hard way that cheap wills usually become very expensive when the person dies. The only person who gets the bargain is the person who is paying for the will […]
A lawsuit has been filed by 16 of the victim’s families from the Sandy Hook Elementary School shootings against the shooter’s mother. There are many other lawsuits, but this one may be settled soon, pending a judge’s approval of a proposed settlement. Before going to the Sandy Hook Elementary School, where he would senselessly slaughter […]
Declaring individuals dead has been made a digital, online task, like so many other time consuming yet important tasks. But hackers declaring a person officially deceased can wreak havoc on those who are not dead – and their estate plans. When 200 live patients in an Australian hospital were suddenly and mysteriously declared dead last […]
Law students at The University of Nebraska’s College of Law are helping military veterans with estate planning in a special clinic that gives the veterans help with wills and other documents while giving law students practical experience. More than fourteen veterans have received free counseling, and it is hoped that the Veterans Advanced Directive Clinic […]
Among the many benefits of having a well-designed estate plan is making the process of administering your estate much less of a burden on your heirs and maximizing assets that can be passed to subsequent generations. Another benefit to be valued – privacy. Estate planning can help your estate avoid probate, the legal process of […]
You are working hard in your pre-retirement years to max out your retirement funds. And while your money should always work, when you do retire your money is going to need to work even harder. It’s time for you to demand more from your money! If you think of your money as a partner in […]
