How Do I Protect Our Family Cabin?
Family vacations are a great way to build memories that will last a lifetime. It is increasingly common for people to plan vacations that include several generations, including grandparents, parents, and children, in order to allow everyone to gather together for holidays or just simply to spend time together. To make these vacations easier and […]Read More
I’ve Been Named As A Personal Representative in a Will. Now What?
Before a friend or loved one passes away, he or she may notify you that you have been named as the personal representative of his or her estate. Being named as a personal representative means that your friend or family member trusts you to honorably and truthfully carry out his or her wishes after death. […]Read More
Loan Versus Gift
Parents often spend many years supporting their children even past the children’s eighteenth birthday. Even after a child graduates college and starts off on his or her own path in the “real world,” there are times when the parents may want to give the child a little financial help. The nature of this financial gift […]Read More
When planning for the future, there is a wide variety of written instruments we can choose from to help achieve our goals, such as health care directives, trusts, and wills. We often depend on trusted advisors, friends, and family to help us in crafting the proper documents to make sure that we provide accurate instructions […]Read More
Why Is It Important to Have a Will?
Planning for the end of your life can seem morose and depressing, but it is an important step to make sure that your dependents and loved ones are well taken care of after you are gone. Despite this fact, according to a recent survey, only 42% of adults in the United States have important estate […]Read More
Common Reasons to Contest a Will
People who have the foresight to draft a will are doing their best to make sure their wishes are known and carried out following their death. In the best circumstances, this planning ahead can help the younger generations to move forward in life by using these assets to start a business, go to college, pay […]Read More
What Will Happen at a Probate Hearing?
The time immediately following the death of a loved one is difficult. In addition to the normal grieving process, there are other logistical issues that need to be dealt with, including commencing the probate process. Most people are intimidated by any court proceeding, but the initial probate hearing is a straight forward process. Understanding what […]Read More
Why Do I Need a Will?
Planning for your future requires careful consideration to many aspects of your financial and emotional plans. Structuring your retirement and investments to ensure a secure future for both you and your family is of the utmost importance. Many estate planning documents, such as revocable trusts and health care directives, can make sure that things run […]Read More
Basic Requirements for a Valid Will
Drafting important legal documents is often a highly technical process with several requirements. Drafting a valid will is no exception to this rule. In the case of a simple will, there are not a large number of requirements for what makes a will actually valid, but those requirements are essential. Failure to follow any of […]Read More
Technology and Being a Personal Representative
After you pass away, you will almost certainly leave behind an estate that must be administered, meaning that someone will have to step in and make sure your remaining debts are paid and your assets are appropriately distributed to your beneficiaries. This person will be called a personal representative or an executor. Although the advent […]Read More