Results-Oriented: Creative, Strategic And Skilled Legal Techniques
Trusts are created for various reasons, but they all have the same basic structure. Someone (the grantor) places assets into the trust to be managed by a neutral third party (trustee) for the benefit of another (beneficiary). If you are a beneficiary, there may come a...
Your parents passed away, and they have named you as the estate administrator or executor. They did leave you a will, which is very helpful. It tells you how to distribute their assets. Some beneficiaries may already know what to expect, so you just follow the...
When a loved one passes away, the emotional toll can be overwhelming. Amidst the grief, families often face the daunting task of managing the deceased’s estate. Sometimes, concerns arise about whether the decedent had the mental capacity to make sound decisions...
With student loan debt following Americans increasingly later into their lives, more families are finding that their loved ones still had student loan debt when they passed away. Different types of debt are handled in different ways after a person dies. Some must be...
Undue influence can be a problem when it comes to estate administration. The estate executor may read the will and feel like it heavily favors one individual. Maybe there have been last-minute changes that allot a significant portion of the estate to that person. The...
It’s perfectly normal for people to create more than one will during their lifetimes. After all, the provisions placed in a will when someone is in their 20s or 30s may look drastically different than the provisions that person wants in their wills once they’re in...
If you are writing an estate plan, you are not obligated to make things equal. There is no legal requirement to leave the same amount of assets to all of your beneficiaries. If you want, you can certainly use unequal bequests. Although it is definitely up to you what...
Undue influence is a form of manipulation. An elderly person wants to write their estate plan in a certain way. Someone else uses undue influence to get them to change that plan. This is similar to drafting a fraudulent document, but the difference is that the elderly...
Probate occurs when your estate is administered after you die. It ensures debts are paid and assets are distributed to beneficiaries. This process can sometimes be lengthy and costly. However, if you plan carefully, it is possible to minimize these expenses. Create a...
A defective accounting probate claim can arise when there are discrepancies, errors or omissions in the financial records provided by an executor or administrator of an estate during the probate process. This particular kind of legal action acknowledges that accurate...