Most people who travel a lot have accumulated many un-redeemed frequent flier miles or hotel reward points. What many do not know is that it is a good idea to state who should assume ownership of these loyalty reward points in an estate plan.
Read More »Estate Planning to Prevent Identity Theft
By now most people are aware of the necessity to exercise diligence to prevent identity theft. People know to check their credit statements and how to look out for irregularities. However, when you pass away, you can no longer do that. Identity thieves are now exploiting this to steal the identities of the recently deceased.
Read More »Using Estate Sales
In an estate sale personal property in an estate is sold off at auction. These sales are becoming increasingly popular in the United States. There are a couple of groups of people who can take advantage of this trend.
Read More »What To Do After a Loved One Dies – Part 2
You may be thinking about handling all the paperwork yourself. It’s a tempting thought – why not keep things as simple as possible? – but a “DIY” approach to this process might cost you and your family dearly. Read on to understand why.
Read More »Wondering Whether You Need to Update Your Estate Plan?
Yes, You Do and Here’s Why Please allow us to be frank. It’s unrealistic to think that a piece of paper you draft, reflecting your life at a certain time, will work when your life has completely changed some years later. We’ll use the Kendrick family as an example.
Read More »How to Get Organized to Meet With Your Estate Planning Attorney
OK, great! You’ve finally decided it’s time to meet with an estate planning attorney and get your affairs in order. It’s time to make sure your family is protected.
Read More »Michael Jackson’s Estate Sued … Again
It has become an inevitability that just when you think the controversy surrounding Michael Jackson’s estate has finally quieted, yet another issue appears in the news. This time it is another lawsuit filed over alleged wrongdoing of the estate’s administrators.
Read More »Paul Walker’s Car Collection
Paul Walker was famous for his movies about fast cars so it should come as no surprise that he owned a lot of vehicles. Exactly how many vehicles he owned and whether or not his estate has possession of all of them is the subject of a new lawsuit.
Read More »Illinois Wrestles with Digital Assets
Recently, legislatures in many states have debated about what to do with a person’s digital assets after the owner passes away. It is not an easy debate to settle as powerful arguments are made on both sides. Illinois is the latest state to wade into these deep waters.
Read More »Finding Life Insurance Policies
Often people will let loved ones know that they have life insurance policies, but after the policy holder passes away the beneficiaries have difficulty finding any information about the policies. Tracking down these lost insurance policies is an important step in estate administration.
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