You could shop around online and find a cookie-cutter will template. However, that is a very big risk. Many estate planners have made significant mistakes when creating a "do-it-yourself" will or trust document. There are just too many things that can go wrong, and...
Do I need a probate attorney?
Month: January 2019
Long-term care planning: Make it part of your estate plan
For many people, estate planning is all about decisions related to their assets. For example, they focus most of their energy on who will receive their assets upon their death.Long-term care planning is often put on the backburner, as many people don't want to...
How are living trusts different than other trusts?
The term "living" in a living trust means that the trust is created while the grantor -- or trust creator -- is alive. In the case of many living trusts, the grantor can change or alter the trust and remain in control of the assets within the trust while he or she is...
How can I use a trust to bypass probate proceedings for my heirs?
It's understandable that you would want to prevent your heirs from needing to go through probate. Probate proceedings can be expensive and lengthy. They're also public, so anyone can find out information about you and your family.However, with the strategic use of a...
‘Express trusts: How do they work?
An "express trust" is a convenient way to incorporate a trust into your last will and testament. This kind of trust, also known as a "testamentary trust," goes into effect at the time of your death. It does not affect your finances while you're still...
Don’t forget about Fido in your will
If you're a person who loves having pets, the last thing you'd want to see is your pet being mistreated or left alone after your death. Whether you have horses, dogs, cats, fish or other animals, it's a good idea to include them in your will.If you die before your...
