Category: Probate
Sometimes having a plan that isn’t current is worse than not having a plan at all. Have you checked in on your estate plan recently? The wrong executors or trustees can wreak havoc on even the best estate plan. Those whom you designate to act for you under either a financial or medical power of […]
Since for most of us, our children are our foremost priority in life, a Letter of Intent can be a crucial document. And anyone who wants to ensure special care for their children should consider including one with their estate documents; there are no real drawbacks to writing one. For parents, their children are the […]
In this case, Ms. Aldrich created her Will using an “E-Z Legal Form”. In her Will, she specifically identified certain property to give to her sister and, if her sister didn’t survive her, to her brother. At the time she executed her Will, these specific gifts covered all of her property. However, the E-Z Legal […]
Should you give your heirs gifts now? Or wait? Ultimately, there’s no “right” answer. This is a personal choice. Scenario: You have decided to make gifts to your heirs, but you are stuck on the timeline of it all. Will you give now while you are still here? Or will you plan to leave the […]
In the case of Casey Kasem, no matter what happens, there are no winners here—everyone loses. Don’t let this happen to you. Plan and communicate! Celebrities make the news time and time again, and every so often we can all learn a lesson or two on their mishaps. A recent CNBC.com article, titled “What we […]
While most people realize that estate plans should be created to help distribute physical property such as real estate or jewelry, there is a growing need to consider intangible property. The Internet is increasingly becoming the main storage of our financial lives. A recent survey from Pew Research revealed that 51% of American adults bank online, and […]
One surprising area in which scams are becoming more common is estate planning. Each year, more people fall victim to unscrupulous and unqualified sellers of ineffective estate planning documents. Often, these scammers are door-to-door salesmen or telemarketers. Scams are everywhere if you look close enough. And the field of estate planning is no exception. A […]
Knowing these objectives help both the couple and their estate planner determine what might be the best way to structure their estate plan. Planning for one’s estate takes careful thought and consideration. By adding another person to the mix through marriage, your goals or objectives will likely change. A recent Forbes article, titled “Eight Common […]
One way to fulfill your philanthropic goals is to provide for a particular charitable cause or organization in your estate plan. Do you want to leave something to charity when you are no longer here? All it takes is some planning ahead of time. The Charlotte County Florida Weekly recently posted an article titled “GIVING: […]
The bill has been in the works for more than three years and has backing from the Delaware Bar Association. If approved, it would be the first comprehensive law of its kind. Seven other states grant different levels of access. Accessing a decedent’s email or other online accounts after his or her death can be […]
