Setting Aside Money For Children?
Although the designation of a guardian to care for minor children can only be made through a will, it’s best to set aside money for them via a trust. Minors cannot directly inherit assets, so…
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Beloved Pet: Will or Trust?
Money for the care of a beloved pet can be designated through either a will or trust, though attorneys advise that trusts do have some advantages over wills. Trusts can be set up to take…
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What is a Court Appointed Administrator?
When someone passes away without a will, the local probate court appoints an administrator to manage the deceased’s affairs and bring their estate to a close. Administrator responsibilities typically involve settling debts, and then distributing…
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Blended Family? Avoid Intestate Succession
Without an estate plan, when we die, our debts are resolved in probate court, and then remaining assets are distributed to heirs, as dictated by state laws of intestate succession. Since the roots of these…
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Protecting Our Elders From Scams
We’re all exhausted from scam calls, emails, threats, and so on, but hopefully, we’re mostly on the alert, and successfully fending them off. How are our elderly loved ones faring? Not so well: an FBI…
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Unusual Prized Possessions? Estate Plan!
“To each their own” is wise to remember when it comes to things proudly collected over a lifetime. Sportscards. Pokemon cards. Porcelain dolls. Seasonal cookie jars. Antique coffins. Puppets. Nuclear power plant memorabilia? Name it,…
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Civil Case: Appeal Bonds Explained
If there are grounds to challenge a trial court’s decision in a civil case, an appellate attorney can argue that legal errors were made, warranting a reversal or modification of the lower court’s decision. Pending…
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Your Business, Your Legacy: Estate Planning
As a family business owner, your company is more than an asset—it’s your legacy. You’ve poured your heart into its success, and ensuring its future prosperity is paramount. Safeguard your family’s future and your business…
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Digital Executor: Who’s Yours?
As digital assets, whether of personal, creative or monetary value, continue to represent a bigger slice of our lives, it’s wise to also consider what happens to them if we experience a capacity loss, as…
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