Probate: What Is it? How Does it Work?
In certain instances, particularly when there is no Will, the system ensures that all accounts and property are distributed in accordance with state law.
What Should I Ask a Prospective Estate Planning Attorney?
While more than half of Americans believe estate planning is essential, a mere 33% actually have a living trust or will. And one out of three respondents who don’t have a will reason that they don’t think they have sufficient assets to warrant estate planning.
What Documents are in an Estate Plan?
There are frequently asked questions that people have about revocable living trusts, wills, supported decision making agreements (new), powers of attorney and advance health care directives.
Beneficiary Battle over Presley Estate Reveals Possible Problems in Estate Planning
A badly in debt woman dies leaving the proceeds of substantial insurance policies to her children only to have her trust contested by relatives who claim an amendment naming the children as beneficiaries is invalid with no witnesses, misspelled names, suspicious signatures and was never given to previous trustees for review as required by agreement. A long, expensive, and protracted legal battle likely is brewing.
Does Divorce Have an Impact on Estate Planning?
When you’re in the midst of a divorce, you’re probably not thinking about estate planning or your will. However, if you’re divorcing, you should think about the impact a divorce can have on an estate plan.
Can a Power of Attorney Withdraw Money from Bank Account?
The first step in understanding whether a power of attorney can transfer money to themselves is to understand the different types of power of attorney.
What Should Seniors Know before Remarrying?
As the calendar turned to 2023, many of us took a moment to think about resolutions. I want to lose 10 pounds. I want to read things that aren’t just about work. I want to learn how to play pickleball. Or maybe this year I’ll give a relationship another shot. Maybe I’ll even remarry.
What are RMD Rules for 2023?
The SECURE 2.0 Act, which was signed into law in December 2022, changes the RMD rules for retirement savers beginning in 2023.
Why It’s Important to Update Your Estate Plan
It is a common misconception that once the estate plan is prepared and executed, it does not require any further attention.
Top Benefits of Estate Planning
Estate planning isn’t just for the ultra-wealthy, nor is it something you should put off until your golden years.
