Probate court is where the probate process takes place, most people are familiar with the fact that it takes place following someone's death. Unfortunately, fewer people know that it can be a long and complicated process. It can sometimes take…
Most older adults realize the importance of estate planning. Yet, nearly half of Americans age 55 or more are lacking a will, have no designated powers of attorney, and have not composed a living will, or health care directives. These…
Did you know that wills and trusts have different benefits for estate planning? Every state has particular laws and regulations governing these legal documents. You can have both a will and a trust; however, the information in each should compliment…
About 50% of Americans do not currently have a will. While a will is a necessary document that every person who owns assets should have, it is still a relatively simple document that may not cover everything you want it…
At the end of our lives, our last will and testament will lay out who shall receive our property, and which person (called the executor) will be in charge of settling our estate. For many reasons, beneficiaries can feel slighted…
A question we hear all the time is: “Can’t I just grab a will off the internet, do a transfer-on-death deed for my land, put my kids on my bank account, and be done with my estate plan?” It’s just…
Wills and trusts have specific and quite different benefits for estate planning purposes. Each state has specific laws and regulations governing these legal documents. You can have both a will and a trust; however, the information in each should complement…
Although owning property with family may let you pass on the asset without going through probate, there are several risks, including taxes, creditor exposure, and loss of control. So when dealing with property, it is important to consider these risks…
Do you understand the essentials for having a will? Your last will and testament is a set of legal instructions that communicates your wishes regarding your dependents and how to dispose of your property when you die. If you have…
Americans, young and old, have been rushing online to craft their own will. Understandably, the coronavirus pandemic has created the scramble to set up wills and end-of-life-directives. However, online do it yourself (DIY) wills are often deemed invalid as they…