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A living trust can become a problem, if it isn’t created with good advice. A living trust needs careful preparation or an estate may face probate, according to the Napa Valley Register in “Avoid this living trust problem.” The problem can result from people buying living trusts through non-attorney trust mills, online legal form services or […]
Many of the problems that arise in managing an estate can be avoided by careful planning. Some of the friction within the family and difficulties in dealing with an estate can go more smoothly, if you know a few things about estate planning and your goals, according to The Register-Guard in “Final farewell needs to […]
A trust can solve a lot of problems, if you are the primary provider and pass away. A good way to make sure your family gets the money they need to meet bills and expenses after you are gone, is to avoid probate, according to The New York Times in “Life After Your Death? Why […]
A will written years ago may not fit with the current laws of your state if changes have been made. Whether an estate plan is a good one depends on state laws that may be changed, so it is a good idea to take a fresh look at your plan, according to the Dunwoody Crier […]
There are many, many reasons why people need an estate plan. There are so many reasons why people need a will, that in all likelihood everyone needs one, according to The Bellingham Herald in “Here are seven reasons you want to protect your family with a last will and testament.” The reasons include: Without a […]
Even if you don’t live close to elderly parents you can be of help. In our everchanging society, it is quite possible that children will move far away from their parents. However, that does not mean children who do not live close cannot be of service in caring for their parents, according to the Flagstaff […]
Preparing for the tax season is also a good way to organize an estate plan. Since you have to get all of your financial information for the year sorted out and digested at tax time, you can also benefit from your organizing effort by creating an estate plan, according to Forbes in “Make A Better […]
You have Social Security and Medicare but what’s next? It might be tempting to stop planning after retirement. However, there is still some planning left to do, according to the Wills, Trusts & Estates Prof Blog in “Post-Retirement Planning: A Checklist for Seniors.” Retirees need to plan for emergencies and the possibility of no longer […]
New Hampshire may put elder abuse cases on the fast track. While suspected elder abuse is being investigated and going through the legal system, the abuse can continue. However, some New Hampshire legislators are working on solving the problem, according to Seacoast Online in “House bill would help elder victims of financial abuse.” The idea is […]
Much depends on the state laws and the family situation when it comes to estate planning. When parents become estranged from their children, they need to know how to handle those children in their estate plans. An example was published recently when a woman wrote to the Napa Valley Register to ask about her brother’s […]
