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Taking care of your family after you are gone requires good planning. Estate planning is an essential step in ensuring that your loved ones are taken care of and your legacy is preserved. This process involves making strategic decisions about your assets and how they will be managed and distributed after your death. While it […]
There are complications to using a revocable living trust to protect your assets. A revocable living trust is often used to protect assets from creditors and liability lawsuits but as Market Watch discusses in a recent article “Why your revocable trust is not protecting your assets,” it is not always that simple. Revocable living trusts […]
Since all attorneys are not the same you need to know how to choose one. All attorneys are not equal when it comes to skills so the Times Herald recently posted a list of questions to ask attorneys about estate planning that can help you decide which attorney to pick in “Six questions you should […]
Some elderly consider certain conditions to be a fate worse than death. Some elderly have identified conditions that are worse than death, according to a Fox News Health article in “What’s worse than death? Dementia and breathing machines, patients say.” Elderly patients were asked in a survey about a wide range of possibilities and whether […]
Even a pet trust can lead to disputes. The UPI recently reported about a pet trust that had grown into a disagreement in “Lawsuit filed in New York over handling of dachshund’s $100,000 trust fund.” The article reports that Winnie Pooh was the dog of Patricia Bowers who passed away in 2010. Bowers put the […]
Kids blocked from visiting their father despite Tennessee’s “Glen Campbell/Peter Falk Bill.” Despite Tennessee’s “Glen Campbell/Peter Falk Bill,” the children of Glen Campbell have been denied visiting rights to see their dad, according to Fox News in “Glen Campbell’s kids say they can’t see their dad, fans raise money.” The Tennessee law, which was named […]
When it comes to estate planning you can look ahead at the known and the unknown. WXOW points out in the article “Planning ahead for the unexpected with a will,” that estate planning is different than most things in life because you can plan for the future and include the unexpected. In the business world […]
An estate plan is really important when it comes to keeping the family ranch in the family and it really doesn’t have to be complicated. Keeping the ranch in the family can be simple if you have a good estate plan and the estate plan doesn’t have to be difficult if you break it down […]
Real estate holdings may go on block to pay some of upcoming bills. Some of real estate holdings held by Prince’s estate may be sold relatively soon, according to TMZ in “Prince Everything Must Go…Estate Ready to Dump Properties.” The sale may be necessary because it has been estimated that the total estate tax bill […]
No estate plan or a bad estate plan will most likely result in tough times for your heirs. While not all estate plans are equal, they can generally be easy to implement as Kiplinger wrote about recently in “4 Strategies to Avoid an Estate-Planning Mishap.” They include: Get a basic will that details who you […]
