Living trusts are an excellent tool to deal with assets during a person's lifetime. The documents and the financial instruments they create can also give peace of mind to the people writing them with their lawyers. What are the major advantages of living trusts?One of...
Do I need a probate attorney?
Month: July 2019
Sibling rivalries and estate disputes may stem from childhood
Estate disputes sometimes revolve around siblings who seem like they just want to do anything in their power to "win" against the other sibling. They act as if dividing up the estate is a contest. They may also be emotionally pitted against one another, as if they...
The main benefit of a special needs trust
If you have an heir with special needs, you may consider setting up a special needs trust to help take care of them after you pass away. However, you may also wonder why you couldn't just leave the money directly to them. Why put it in a trust first?The issue is that...
Using only a will may leave your estate vulnerable
A will is, for many people, the basis of the estate plan. It's the first document they draft. It may be all that they think they need.While writing a will is important, you need to know that you do not have any control over the estate, and you do not have many ways to...
Your health matters along with your lifespan
When writing a will and doing estate planning, people often carefully consider how long they think they will live. After all, you need to do long-term care planning and you need to consider how many assets will really remain when you pass away. There's a careful...
