It’s important to have a plan. If you don’t have a plan, your state law dictates who gets your property and makes decisions for you. Read on to learn more about the prevalence of unexpected deaths and an example of what can happen without planning. Planning for the Unexpected … [Read more...]
Many Reasons to Plan
Each of us will die eventually. This article looks at how planning can make our passing easier for our loved ones. Specifically, this article looks at how planning can maintain privacy for your loved ones. Many Reasons to Plan … [Read more...]
Planning is Critical
It’s important to have a plan. If you don’t have a plan, your state law dictates who gets your property and makes decisions for you. Read on to learn more about a heart-breaking story of someone who didn’t plan and the consequences. Planning is Critical … [Read more...]
Trusts for Privacy
Trusts have many uses. Perhaps the most important is that they can provide privacy at death. Garry Shandling is thought to have used a trust to provide privacy for those he left behind. Trusts for Privacy … [Read more...]
Basics of Estate Planning: Privacy and Estate Planning
Privacy is important, especially in today’s world. Learn how estate planning can enhance or reduce your privacy. Read on to find out more. Basics of Estate Planning: Privacy and Estate Planning … [Read more...]
Do You Need a Living Trust?
Many clients are confused about the role a living trust can play in their estate planning efforts. A trust is created so that assets or property can be moved to the trustee who’s named in the living trust. Many don’t like the idea of relinquishing ownership of their assets, but the benefits are worth consideration for many of those people. It’s not that you’re losing control of your property or assets, it’s still yours. You’re just covering the legal bases in case you become incapacitated or die … [Read more...]
The Intimacy of Estate Planning
The last thing many people would equate to intimacy is estate planning. Just ask anyone who’s ever had to face reality after a terminal illness or devastating accident, they will tell you that things become very personal faster than you can say power of attorney. This week, we shed the logistics and focus on the ties that bind and the intimacy of estate planning. Facing Mortality Most of us realized long before we began preparing our will that we wouldn’t live forever. Whether that brutal fact … [Read more...]
The Role of a Will in Your Estate Planning Efforts
Most estate planning lawyers will tell you the one opening line they hear most often is, “I'm not even sure I need to have a will.” To that end, we explain that a will covers far more than one's finances. There's a lot at stake and ensuring your wishes are met and your loved ones are seen to in the event of your death is what a will is really about. A properly defined estate plan will legally protect and then distribute your property based on your wishes. If for no other reason, you should … [Read more...]
Estate Of Dr. King Sues Octogenarian
Procrastination is common when it comes to estate planning. Many people tend to feel as though estate planning can wait, and this is a gamble in a way. But the thing about this type of gamble is that if you lose, you won't be the person who suffers the consequences. The families and friends of people who die without planning ahead properly are left to try to sort things out, they don't always agree with regard to the intentions of the deceased. As a case in point look no further than the estate … [Read more...]
Probate: Executor Has Important Job
There are a number of different ways to go about planning your estate, but of course the most common vehicle of transfer that people have traditionally utilized is a last will. When you express your final wishes with a last will your estate must be probated. This is when the probate or surrogate court examines the will to determine whether or not it is valid and then supervises the administration of the estate. When you hear that term "administration of the estate" it sounds smooth and … [Read more...]
