Do You Need a Living Trust?

Living trusts are touted as a solution to the cost and time associated with the process of probate. As a recent article explains, however, living trusts are often sold to individuals who do not need them. Living trusts are typically not cheap, either. Whereas a simple will generally costs around $300, an estate plan with… Read More »

Don’t Assume Your Heirs Know Your Final Wishes

Many people avoid common estate planning techniques because they believe that the beneficiaries of their estate are already aware of their wishes. As a recent article explains, however, making this assumption is often a big mistake. Without an estate plan, a person cannot be certain of what will happen after his or her death. Leaving… Read More »

Google Follows Digital Estate Planning Trend

Beginning in early April, Google users will have an easier time preparing their digital estate plans. As a recent article reports, Google has recently launched its “Inactive Account Manager,” which may be utilized by users to direct what happens with the data they have stored in Google applications after their death. Google applications include Google… Read More »

Maintaining Your Will Now May Avoid Battles Later

When 1970s pop star Gerry Rafferty died in 2011, his death ignited a lengthy legal battle over who would inherit his estate. The ensuing battle should serve as a reminder that maintaining your estate plan is just as important as creating it. Rafferty drafted his will in 2007. The will named his daughter and granddaughter… Read More »

How To Pay Your Trustee

Some trusts may be silent on the issue of how much and when to pay the trustee for their services. Some trustees may not want to be paid because they feel uncomfortable writing a check out of the trust and to themself. Other trustees want to be paid, but the beneficiary is unsure of how… Read More »

Seattle Woman Attempts to Make Estate Planning Painless

A Seattle mother of two has set out to make estate planning less daunting for ordinary people. Her web site, “get your stuff together,” encourages people to manage their affairs while they still can. According to “get your stuff together” creator, Chanel Reynolds, “It takes really just a few hours now, rather than a pile… Read More »

When to Write and Update Your Will

It is often difficult for an individual to go through the process of planning for his or her own death. This, however, is an extremely important action that everyone must take in order to provide for the well-being of his or her heirs in death. A recent article discusses certain events after which it is… Read More »