Understanding How Trustee Fees Work
When creating an estate plan, it may be necessary to name a trustee to handle your assets.
October 9, 2020
A Letter of Instruction is a Good Addition
LOIs may also include whatever you think may help the people you leave behind or who would take over if you are not capable.
October 8, 2020
A Legal Battle Between Siblings
Unfortunately, due to hidden resentments, siblings still tend to end up in court suing each other and losing great chunks of their inheritance in the process all too frequently.
October 7, 2020
Can I Revoke a Power of Attorney?
Cindy, a widow in her early 60s, was undergoing physical therapy for an injury to her foot, making it difficult for her to get around. In addition, she was suffering depression brought on by the immobility and pain, resulting in her neglecting to pay bills and taking care of other financial affairs.
October 5, 2020
What Does an Executor Do?
My aunt recently asked me to be the executor of her will when she dies. I’m flattered that she asked, but I’m not sure what exactly the job entails.
October 2, 2020
Do I Have to Accept an Inheritance?
No one has to accept inherited assets. Inherited assets can be disclaimed.
October 1, 2020
What Should You Look For In A Trustee?
If you decide to leave assets in a trust for your beneficiaries, consider your designation of trustee carefully. The most important person in the trust framework is the trustee, the one responsible for managing trust assets.
September 30, 2020
Disinheriting A Child As An Heir
What happens when a decedent’s will or trust does not provide for a decedent’s child?
September 29, 2020
How 401(K) Beneficiaries Work
To ensure your estate is settled in the way you want, it’s wise to do a bit of extra planning to keep your documents up to date.
September 28, 2020
Estate Planning Needs for Every Stage
Although there is often a progression of complexity in estate planning, this progression generally follows stages in life rather than specific ages.
September 25, 2020