One of the most important things someone can do to best ensure their estate is handled without a hitch is to appoint the right person as the estate’s executor, sometimes called a representative. So what do you need to do if you’ve been appointed an executor of someone’s estate? Being selected as an executor is […]
Read More »Check Out This Estate Sale!
The Orange County Public Administrator’s Office has dealt with its share of unusual inheritances. There was the protection they once had to arrange for a $500,000 ring. And there was the pet eel. But the upcoming estate sale of Gerald Willits, a Buena Park man who died in August 2014 and left 69 cars in […]
Read More »Basic Estate Planning Mistakes You Can Stop Making
Estate planning tends to get pushed to the back burner, as more pressing financial tasks take center stage. But neglecting estate planning is a huge mistake. Estate planning may involve hiring an attorney or financial advisor, but plenty of people make the mistake of going about estate planning on their own. Some 38% of those […]
Read More »Mr. Cub Alleged to Have Dementia when He Signed New Will
The estranged wife of late Cubs legend Ernie Banks claims the Hall of Famer was diagnosed with dementia days before he signed a will that left his entire estate to his caregiver.
Read More »Tips on Transferring Your Parents’ Brokerage Accounts After They Die
Only two months after launching a helpline for seniors, FINRA has received a number of calls from stressed family members with questions about the transfer of brokerage account assets upon death, so it has released an extensive investor alert dealing with the issue. Since the Financial Industry Regulatory Authority introduced the Securities Helpline for Seniors […]
Read More »Why Do You Need a Will?
This article gives the example of a businessman who had named his son as the nominee in all his investments. Since the son was managing all the father’s investments, it was convenient. But since the businessman passed away without making a will, now his daughter is finding it difficult to prove that she, too, has […]
Read More »Now That’s Awkward!
An awkward part of estate planning is telling your kids how much — or how little — they’ll get. Here’s how a financial planner can help. For clients, one of the most stressful aspects of estate planning — already an emotionally difficult process — is the prospect of telling heirs what they plan to […]
Read More »Grave Digger Pleads Guilty
You are not allowed to dig up someone’s grave without the permission of a court as one man in New Hampshire recently learned. The interesting thing is what was being looked for in the grave.
Read More »Don’t Leave Your Estate Planning To “The Beaver”
Today’s families are a lot different than Ward and June Cleaver. There are more families today with non-traditional situations than ever before. It is very common in my profession to have clients with same sex marriages, second marriages with assets and children from a prior marriage, as well as families that may look traditional, […]
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