Milestones in our lives usually require some planning and consideration ahead of time. They might include saving for a college education and organizing the myriad details of a wedding, for example. Those are joyous, exciting occasions for most people. Writing a will...
Month: March 2021
Can your family drag your estate in to probate despite your plans?
An estate plan can represent hours of planning and hundreds of dollars of investment. If you spent time and money to create one, you probably have a specific legacy that you want to leave for the people you love. Unfortunately, no matter how carefully you try to avoid...
Handling a trust when the beneficiary is an addict
The role of a trustee is one that people often find confusing. A trustee has a fiduciary duty, but it is not to the person who created the trust. Their duty is to the trust itself and its beneficiaries. As the person named as trustee, your job is to manage the assets...
Blended families require careful estate planning
People who have children and get remarried need to give careful thought to the best way to ensure that everyone in the blended family gets their fair share of the estate. It isn’t usually sufficient to simply write a will that leaves everything to your spouse because...
How should you handle your personal property when estate planning?
When planning your estate, your most valuable assets are often the easiest to handle. You probably already have a plan for how to split up your financial assets or for how to handle your home after you die. People have rarely planned so carefully about their personal...