One of the primary objectives for many estate plans is ensuring that assets are passed on to their intended beneficiaries, and not diminished or wholly taken by creditors. Commonly, this end is achieved using an irrevocable trust. Simply put, trusts allow individuals...
Do I need a probate attorney?
Month: September 2016
Common Myths and Misconceptions About Estate Planning
Let's face it. Estate planning is rarely a favorite topic of discussion. It deals with death and money, and most people would rather wait until later. This attitude leads to some common misconceptions and myths when it comes to planning for the future, including after...
Why would a person change one’s will?
Recently, we explored the issue of dealing with a lost will, which can be most easily remedied by drafting a new one. However, there are many reasons why a person may choose to change one's will. If you find that one or more of these areas applies to you, you may want...
What should I do if I have lost a will?
No one wants to die without a will, leaving one's family to sort through the details and contend with probate, but sometimes even those who have made a will at one time may find themselves facing some of those possibilities. If you have made a will and can no longer...
How a High Asset Divorce Can Affect Your Estate Plan
During a divorce, your attention is on things like alimony, custody, child support and property division. You're wondering what will happen to your marital home and vacation property, where the kids will live, and other challenges that come with the dissolution of a...
What are trustee responsibilities while a grantor is still alive?
Being appointed as a trustee is a great honor and great responsibility. If you have been appointed as a trustee for someone's estate, this means that you have been chosen presumably because you have been deemed both capable of the various responsibilities entailed in...
