Memorabilia can be a source of great joy and nostalgia for many people. Kiplinger’s recent article entitled “Estate Planning for Memorabilia Collectors: Don’t Leave Your Family in the Lurch,” says the first step is to know what you have. From sentimental items passed...
Many times, the word probate carries a negative connotation and it’s often positioned as something to avoid at all costs. According to a recent article “The Legal Corner: Pros and Cons of Probate” from The Huntsville Item, it’s important to understand the role probate...
To help you sidestep some of the most common blunders and get the most out of your IRA investments, Kiplinger’s recent article entitled “Don't Make These Common IRA Mistakes” points out the most common blunders and how to avoid them. Not Planning for the "Second...
Estate planning after a divorce can be a complex process, but there are several key factors that you should consider. Even the most amicable divorce requires reviewing and updating your estate plan, as explained in a recent article from yahoo! finance, “I’m...
When it comes to estate planning, the process can feel overwhelming, but it’s one of the most important steps you can take to protect your family and hard-earned assets. Whether you’re just starting out or updating your plans, having a comprehensive estate plan in...
A combination of healthy lifestyle choices such as eating well, regularly exercising, playing cards, and socializing has been to improve a decrease in memory decline and reduced the risk of dementia, a decade-long study suggests. A study of 29,000 older adults healthy...
Once a diagnosis of dementia has been received, families need to immediately begin advance care planning, as explained in a recent article titled “Can Someone With Dementia Sign Legal Documents” from Health News. Depending on their medical condition, some patients...
Quicken Loans' recent article entitled "What Is A Life Estate And What Property Rights Does It Confer?" says by understanding the features of a life estate and creating one at the right time, you can enjoy several benefits, including the following: Property Avoids...
Life is full of contingencies. While some outcomes are relatively specific, other events are more difficult to predict. This uncertainty can create estate planning challenges. Because life changes quickly and sometimes unexpectedly, your estate plan needs to be...
1. Choosing your Executor. Your named executor is responsible for managing your estate's assets on your death and distributing them according to the terms of your will. The executor's duties include locating, inventorying, and protecting the assets on your death;...
Winter is a slower season for farmers and ranchers. It offers family business leaders time to plan for the future. A recent article from Progressive Farmer, “Family Business Matters: Eight Practical Succession Ideas,” lists ideas to improve succession and estate...
Every estate planning attorney has conversations with clients about how adult children should inherit. While most assume siblings should all inherit equally, equality is not always appropriate in many situations. There are many situations where an equal inheritance...
