Knowledgeable Advocacy For All Aspects Of Estate Administration, Trusts And Conservatorship Matters
Estate planning involves appointing trusted individuals, such as trustees or executors, to manage assets and fulfill a person’s final wishes. These individuals owe fiduciary duties to beneficiaries, meaning they must act in good faith and in the best interests of...
Once you make an estate plan, it can be easy to forget about it. That could cause problems if you don’t address important changes in your life, family or assets before you pass away or even become incapacitated. One of the times you must dust off your estate plan and...
An estate plan typically needs to be updated after it’s been created. Neglecting the estate plan could mean that it’s outdated when you pass away, so it doesn’t accurately reflect your wishes or give your family the assets you intended for them to have. When should...
Credit card debt in the United States has reached record highs in recent years. This has caused some people to be cautious, avoiding credit card use as much as possible to prevent overwhelming debt. But what happens if someone passes away while still carrying a...
Establishing a trust for your children can be one of the most impactful decisions you make in securing their future. They can not only safeguard your assets but also ensure that your young children have financial stability and guidance long after you are gone. Here...
A will is an invaluable estate planning document, outlining how a person's assets should be distributed after their death. For a will to be valid, the maker must have testamentary capacity at the time it is created. If you suspect that the maker of a will lacked...
Are you creating trusts to hold your young beneficiaries’ inheritance until they’re ready for the financial responsibility? If so, you want to select trustworthy trustees who you can be sure will look out for your beneficiaries’ best interests. Selecting the wrong...
The executor of a will has significant authority to manage and distribute the estate’s assets, including selling property. However, this power is not absolute and must align with the law and instructions in the will. Understanding an executor’s rights and limitations...
A probate court usually oversees the distribution of a deceased person's assets and settles their final affairs. However, some estates or properties can skip this process entirely, saving time, money and stress for the person’s loved ones. Understanding these...
Perhaps you understand how essential estate planning is for you, your family and your assets, and you are ready to create your plan. You may prioritize convenient and low-cost planning, but choosing the wrong approach could compromise everything you care about. Before...