Many young adults, even those with professional careers of more than thirty years, believe they are too young to worry about estate planning. In their twenties and thirties, young adults often believe they do not own enough to qualify as…
Understanding Probate In probate court, a will is validated, and an executor is appointed to handle the decedent’s assets, debts, and final tax filings, according to law and his wishes. Probate must be initiated by a personal representative or executor…
Whether you are a buyer or a seller, there are several considerations to examine when structuring the legal document(s) guiding commercial real estate property sale. Using a form of an attorney-prepared agreement requires extra scrutiny of the rights necessary for…
A guide to caring for your aging parent Caregiving for an aging parent is always a unique experience, but one thing stands out: preparation is crucial to success. No matter what your needs are regarding eldercare resources, whether you need…
A property deed is a legal document that permits the transfer of ownership of real estate. A property deed may be used in several different situations. In some circumstances, knowing which type of deed to use can be challenging. When…
Appointing a Legal Representative The Coronavirus pandemic has taught us that life is unpredictable. In 2020, too many aging Americans faced life-threatening COVID-19 illnesses without legal documents naming loved ones to make decisions concerning their well-being while incapacitated. Generally, family…
Wills, Estate Planning, and Undue Influence When someone, such as a family member, becomes quite elderly or seriously ill, they become susceptible to manipulation by persons who would steal or commit fraud. Attacks against vulnerable older people with the purpose…
A Letter of Instructions For Your Estate Plan Regardless of whether you are creating an estate plan from scratch or already have one in place, a letter of instruction (LOI) plays an instrumental role. With a letter of instruction, your…
The Contest of a Will Typically, the will of a loved one specifies who will inherit their property after they die, as well as how their estate will be settled (called the executor). Beneficiaries may feel slighted by what they…
Estate Planning Mistakes Made By People in Five Ways In your adult life, you spend the first half trying to achieve financial stability, followed by the second half trying to maintain it. According to this adage, many people devote considerable…