I’m a Beneficiary to an Estate. How Does the Process Work?
Your spouse or surviving parent has died. She had assets – a home, a car, stocks and bonds, checking and savings accounts, and personal items. Now what happens? The following ...
Consider the Obligations and Burdens With Care before Accepting Appointment as Executor
Being designated by a friend or a loved one as the Executor of his or her estate is an honor, but with that designation comes many responsibilities and legal risks. ...
Estate Planning – Questions About Tangible Personal Property
Preparing a Will enables you to direct how and to whom your estate will be distributed once you’re gone. Your estate is comprised of your intangible personal property (including cash, IRA’s, ...
The Perils of Inconsistencies Between Divorce Decrees and Beneficiary Designations.
The standard language in divorce decrees regarding each party’s obligation to maintain life insurance for the children of the marriage is, in many instances, not sufficient to protect the intended ...
Executor, Trustee, and Testamentary Guardian – What’s the Difference?
Legal documents can be difficult to understand, containing unfamiliar words. In the case of Wills, certain key terms frequently cause confusion – specifically, Executor, Trustee, and Testamentary Guardian. We ...
My Authority Under the The Power of Attorney Ended?
One important aspect of estate planning involves the Power of Attorney (POA). Much confusion abounds regarding when POAs stop being in effect. We hope the following discussion will help clarify ...