25+ Years Of Legal Experience
If you have already named someone to execute your estate when you die, it’s likely you thought long and hard about choosing them. Despite this, it is important to remember that you always have the right to change your choice. There are no conditions on when or why you...
Estate planning for individuals with significant wealth and a variety of assets often involves strategic tools that not only preserve wealth but also align with philanthropic goals. One such tool is the Charitable Remainder Trust (CRT), a powerful legal mechanism that...
Many adults think about the disposition of assets when they’re creating an estate plan. If you’re in the midst of getting this important set of documents together, be sure that you don’t forget to plan for what will happen if you become incapacitated. One thing...
You have decided to disinherit someone who was previously included in your estate plan. This could be an adult child or another direct descendant. Perhaps you believe they don’t need the money, or you’ve had disagreements over lifestyle choices or similar matters....
When many people think about estate planning, they often envision wills, trusts and complex financial arrangements meant for the elderly or the wealthy. However, one of the most important documents you should have in place -regardless of your age or financial...
Many people die intestate. This means that when they pass away, they do not have a legal will on file. They haven’t left comprehensive instructions for their beneficiaries or chosen an estate executor. While many people intend to write a will eventually, statistics...
Cash is king – or so the saying goes. That’s why a lot of people automatically assume that leaving cold, hard cash to their loved ones in their estate plan will be a blessing. However, it doesn’t always work out that way. Leaving someone a hefty inheritance directly –...
If you become a grandparent, it is a good time to update your existing estate plan. If you don’t have a plan yet, then it’s a good time to draft one. This is a significant life change and needs to be addressed. To begin with, many grandparents simply want to include...
You’ve probably seen those ads by companies that let you create a will and other estate plan documents online. This might sound like a cost-effective idea, especially if you’ve gotten used to doing your income taxes online. People often assume they don’t need...
A relative or friend passed away and left you some money or property. An inheritance can change your life, but it is important to update your estate plan to ensure your new wealth goes where you want it to. When you receive an inheritance, your financial situation...