For many individuals who reach the stage in life when they start thinking about estate planning, forming a trust seems like an obvious choice. Still, it can seem a bit like legal magic without a proper understanding of the basic functions and creation process of...
Do I need a probate attorney?
Month: August 2017
Prince’s estate continues to struggle toward resolution
It has now been more than a year since the late (and inarguably great) artist Prince passed away suddenly, leaving a vast estate to his heirs with no proper estate planning in place. Unfortunately, the issues of his estate continue to unfold, delivering a potent...
How do I revoke a will?
It is common knowledge at this point that everyone should have a will, but simply having a will is not always enough to properly express your wishes and protect your estate. If your will no longer suits your needs, or if you have created more than one will and wish to...
Life insurance policies and estate planning
Estate planning is a complicated matter, and becomes more complicated as a person's assets become more complex. In many cases, some types of assets may prove far less valuable than they seem at first if a person does not take proper precautions to protect them against...
Family trusts hold potential for great conflict
Family trusts can certainly be an excellent tool, but they can also be a big headache if not conceived properly or if human factors become overwhelming. If you are building an estate plan, it's important to understand how even the best-laid plans can turn sour.When...
Does your estate plan take care of your favorite belongings?
If you're like many people, the things you own are merely things — except for those belongings that carry great personal significance to you. As you survey your assets and evaluate an estate plan, you may realize that you have certain possessions you want to...
