Helping Your Parents Plan, And Knowing When it is Too Late

Estate planning for oneself is difficult enough. Unfortunately, many adult Americans also find themselves assisting their aging parents, who haven’t even began the process of planning. Assisting an aging parent with estate planning can often be a tall order. Just as important as it is to understand how to approach the situation, it is equally… Read More »

Contesting a Will on the Basis of Dementia

Unfortunately many individuals experience dementia as they enter the last stages of life. Sometimes, this dementia can lead to questionable terms in that individual’s will. If you are considering challenging a parent’s will because you don’t believe he or she had the proper mental capacity when he or she signed it, a recent article discusses… Read More »

The Importance of a Will

With the abundance of intricate and specialized estate planning tools currently being offered by estate planning professionals, many people overlook the importance of what should be the central part of every estate plan, the will. A recent article discusses the advantages associated with, and the importance of having a will. Most wills contain important provisions…. Read More »

When is a Trust Necessary?

Perhaps one of the most popular estate planning tools is the trust account. There are a variety of different types of trust accounts that can serve a variety of purposes. A recent article discusses how you can determine whether one of these trusts may be right for you. Whether your estate plan would benefit from… Read More »

Prenuptial Agreements in Estate Planning

When most people hear the words ‘prenuptial agreement,’ they think divorce. Although protection upon divorce is the main purpose of prenuptial agreements, these agreements are also becoming part of routine estate planning for more and more couples. A recent article discusses the estate planning benefits of prenuptial agreements. Prenuptial agreements are contracts signed by soon-to-be… Read More »

Does Debt Die With You?

If a person dies with debts, his or her creditors may attempt to hassle the family members of the deceased to collect those debts. Many people wonder whether these debts are collectable. As a recent article explains, the answer is it depends. For example, if a person has a balance on his credit card when… Read More »

Planning for Your Art Collection

Although an estate plan should not individually provide for each and every tangible item that a person owns, it is vital that a person plans for the distribution of his or her more valuable items in his or her estate plan. A recent article discusses three tips for art collectors when planning for their collections…. Read More »

Six Beneficiary Designation Blunders

Many individuals do not think twice about their beneficiary designations. After all, a beneficiary designation is as simple as filling in a blank. Due to the relative ease of beneficiary designation planning, however, many people make simple, common mistakes. A recent article discusses six common beneficiary-designation blunders. Forgetting to name a beneficiary on all retirement… Read More »

Estate Planning Under 40

Estate planning is important at any age. The importance of a well-considered and executed estate plan only continues to grow as a person ages, accumulates assets, and begins a family. A recent article discusses several estate planning tips for those under the age of 40. Start Now: If you haven’t started estate planning, begin today…. Read More »

Probate Court Rules Living Man Dead

Donald Eugene Miller Jr. found himself in a unique position recently when a probate court ruled that he is legally dead. Miller, who is 61 and breathing, was actually declared legally dead back in 1994. He went into the court asking for a reversal of that ruling, and was denied. Eight years prior to being… Read More »

Inheritance Tied to Family Reunion

Before Albert Ravenholt died in 2010, he drafted a will with a unique provision. The provision stated that, in order to receive their inheritance, his nieces and nephews would have to attend a Ravenholt family reunion. Specifically, the will states that every two years, in either August or September, Ravenholt’s nieces and nephews would have… Read More »