Category: Will
Despite the occasional confusion about wills, they can be changed. “Mirror image wills” often turn out to be a common source of litigation, according to the National Law Review in “Contracts to Make Wills or Trusts.” The “mirror image will” is usually where spouses agree that the first to pass away will leave everything to […]
Wills are often dry, technical documents. However, they can be beautiful things. Wills can be beautiful, if done correctly and for the best intentions, according to Nasdaq in “A Will Can Be a Beautiful Thing.” The potential beauty of a will is not in the actual words themselves. That much should be obvious, because most […]
Bitter dispute began with support for then Presidential candidate Donald Trump. Phyllis Schlafly’s support for Donald Trump for President mattered to her children as well as her estate, according to the Daily Mail in “Children of late conservative icon Phyllis Schlafly at war over their inheritance and have been fighting since she threw her support […]
It is important to remember that setting up an estate plan with an estate planning attorney, is unlikely to be complicated or even that hard. Estate planning is not that complicated and can even be as simple as transferring assets, according to the Times Herald-Record in “Transferring assets upon death.” There are four main ways […]
Tennessee has an exception to the rules, in how to legally disinherit a child from a will. The Supreme Court of Tennessee has agreed to hear the case of some children who were not mentioned in a will, according to the Times Free Press in “Tennessee Supreme Court agrees to hear J. Don Brock estate […]
An estate plan is more than a will and can solve many problems for you and your family. Some recent statistics point out the importance of Americans not only creating a will, but learning about the options of an estate plan, according to the AARP in “Haven’t Done A Will Yet?“. A new survey reveals […]
As it turns out, everyone would be wise to create a will. The Norman Transcript recently answered some misconceptions about the need for a will in “Wills: Who needs them?“. As it turns out, the answer to the question posed in the article’s title is “everyone.” There is not a single category of adult who […]
Living trusts are the most common in use, but there is another type of trust. While the living trust is used more frequently, there is also a testamentary trust. Many people have the documents that create one, but they aren’t aware of it, according to NWI Times in “Wills can create trusts.” The revocable living […]
If you make no provisions in your estate plan for your spouse, your spouse may elect to take his or her share and the court could alter your plans. There are several different ways to leave an inheritance to your spouse, according to The Times Herald in “Options for leaving an inheritance to a spouse.” […]
“I love you” may not be the best approach in estate planning. The best way to express love for your spouse when it comes to estate planning may not be “I love you,” according to Wealth Management in “A Better Way To Say ‘I Love You’.” A “simple will” normally refers to a will made […]
