Misconceptions about who needs an estate plan abound. Most people believe that estate planning is only for extremely wealthy business moguls or celebrities. But that could not be further from the truth. Estate planning is the process of making decisions about what happens to you, your money, and your property when you pass...
Category: Family
How to Help Your Loved Ones (and Assets) Avoid Probate
Today, many people are using a revocable living trust instead of a will or joint ownership as the foundation of their estate plan. When properly prepared, a living trust avoids the public, costly and time-consuming court processes of conservatorship or guardianship (due to incapacity) or probate (after death). Still, many people make a big...
The Harmonious Family that Won’t Fight
Most families are happy families. They get together for the holidays, share laughs, and tell stories. Everyone gets along and enjoys each other’s company. Then, the matriarch or patriarch dies. Suddenly, years of pent-up resentment and hurt feelings bubble to the surface, and the once-happy family is now embroiled in litigation over the...
Declare your Independence from Court Interference!
While the rest of the nation celebrates its independence on July 4th, you can rest assured that you too can declare independence for your family -- from court interference. Life can be unpredictable. Whether it is a financial issue, the birth or adoption of a child, sickness or incapacity,...
Does a Dynasty Trust Make Sense for Your Family?
A dynasty trust can keep your wealth in the family for generations and ensure the legacy you’ve worked so hard to create.
Earlier this year, NBA team owner Gail Miller made headlines when she announced that she was effectively no longer the owner of the...
Can an Individual be held Liable for a Deceased Loved One’s Debts?
When a loved one dies, an already difficult experience can be made much more stressful if that loved one held a significant amount of debt. Fortunately, the law addresses how an individual’s debts can be paid after he or she is deceased.
When a person dies, his or her...
Turning Over the Keys: Helping Older Drivers Make Tough Decisions
We all want to be in control, to go where we want at our leisure. As we age, however, our senses and reaction times begin to slow which can make getting behind the wheel increasingly hazardous. It is important to be realistic about the driving abilities of loved ones as they reach...