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There are numerous ways to transfer assets to an heir when you pass away. Many people will simply put these assets in their will, and they can then name beneficiaries who take control of the assets. The estate executor inventories the assets, pays off debts and then...
The legal process of settling a deceased person's estate, or probate as commonly known, can be fraught with unforeseen challenges that can catch families off guard. What may seem like a straightforward procedure for your loved ones can quickly become complex, legally...
People who are close to an individual with significant resources often expect that they will inherit property from their estate. Family members, especially children, often expect to receive a sizable portion of someone's property after they die. In certain cases,...
Putting together a will is a smart decision. This testamentary document guides the legal processes that follow someone's death. New parents, first-time homeowners and those preparing for retirement all have particularly compelling reasons to create an estate plan. ...
Probate court has a somewhat negative reputation, in no small part because people associate court proceedings with red tape and delays. Particularly in situations where family members disagree about the validity of an estate plan or the distribution of assets after...
When working with clients to set up their estate planning documents, we often tell them that some of the most important decision-making involves deciding the "Who." Typical estate planning documents include the following: Revocable or Living Trust Last Will and...
Any part of your body can suffer injuries in a motor vehicle accident. However, the back region is particularly vulnerable to the impact and sudden forces that arise in a car crash. The spine is a complex structure consisting of bones, ligaments, muscles and nerves....
Estate planning allows testators to protect their assets and loved ones should they become incapacitated or die. They can state wishes regarding asset distribution, the guardianship of their minors and business succession and so on. But what if you don't have these...
When someone owns a business, they need to think about the future of the company. If the owner of the company experiences some kind of medical emergency or dies earlier than anyone anticipated, the company could end up at risk of dissolution or failure, and the...
Financial crimes are a significant problem in the U.S., with millions of reported cases each year. These crimes target various demographics, including the elderly. In fact, certain types of scams specifically isolate elderly individuals because of the assumption that...
