What is estate planning? Do you think it is only for the rich? One of the greatest gifts you can leave your loved ones is an organized estate. The time that you spend now will help your loved ones cope later, and ensure your wishes are carried out. An estate is all the rights, titles […]
Read More »Estate Planning Lessons from Hollywood
Celebrities seem to live a charmed life, but for all the advice they can buy, they’re still not immune to estate planning issues and the consequences of ignorance and bad planning. Several recent celebrity estate issues in the news highlight how important it is to plan ahead and get professional advice when setting up your […]
Read More »Where There’s a Will …
There are a multitude of mistakes that people make when it comes to putting together their wills. These include naming of executors and custodians, trying to write their own wills, and not considering items such as liquidity. One of the colossal failures in estate planning I witness when people make their wills is not coordinating […]
Read More »Philip Seymour Hoffman’s Will: 3 Critical Mistakes
Oscar-winning actor Philip Seymour Hoffman died from a drug overdose in February 2014. Sadly, he left behind three young children – and a fortune estimated to be worth $35 million. He was only 46.
Read More »Wills vs. Trusts: A Quick & Simple Reference Guide
Confused about the differences between wills and trusts? If so, you’re not alone. While it’s always wise to contact experts like us, it’s also important to understand the basics. Here’s a quick and simple reference guide:
Read More »How to Fix a Trust That Isn’t Getting Better With Age
While many wines get better with age, the same cannot be said for some irrevocable trusts.
Read More »3 Examples of When an Irrevocable Trust Can – and Should – Be Modified
Did you know that irrevocable trusts can be modified? If you didn’t, you’re not alone.
Read More »Should I Write My Own Will?
I’m sure you have heard this less than eloquent phrase before – “Garbage in, garbage out.” The phrase is typically used in computer programming and scientific research. Unfortunately, it also applies to the law, legal documents, and writing your own Will.
Read More »Will Declared Invalid Because of Missing Signature
When people write their own wills without the assistance of attorneys, they often forget important steps and risk having their will invalidated. Such is the case with the will of one man from Minnesota.
Read More »What Documents Do You Need to Find After a Loved One Dies?
Having a loved one die is already hard, but not knowing which legal documents you need to find is even harder. What are these documents?
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