Category: Will
No stranger to unusual estate issues — like a pet eel with no named caretaker and a security detail for a ring worth half a million dollars — the Orange County Public Administrator’s Office is now preparing for an estate sale of Gerald Willits, who left behind 69 cars in his yard, several real estate […]
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 […]
Cancer patients from low-income, at-risk populations face an even tougher road to a cure than those who are well-off. Even if they somehow manage to obtain quality health care and survive their illness, massive medical debt can leave their lives in shambles. An estate planning attorney can be a valuable ally, as can not-for-profit organizations […]
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 […]
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 […]
The tragic and untimely death of Whitney Houston’s daughter Bobbi Kristina Brown holds a number of lessons in estate planning that are applicable for parents and young adults. Because of laws that control information and decisions with regard to medical treatment, it is imperative that anyone over 18 have written advance medical directives in place. […]
Ernie Banks, known as “Mr. Cub” had been diagnosed with dementia just days before he signed a will leaving his small estate to a caregiver, charges his estranged wife. Seems like she isn’t done with him yet. In a case for resolving marital disputes sooner rather than later, the battle between Ernie Banks and his […]
