Tag Archives: Family
Second Marriages Later in Life
The best way to ensure that one’s assets are available for a surviving spouse but ultimately distributed to one’s children from a prior marriage is through the use of a trust.
Estate Planning: Owing More Than You Own
When formulating your estate plan, it is possible to add all your assets and debts and find that you owe more than you own. Don’t panic: here is some helpful advice.
What is Probate?
Probate is one of the least understood of court processes. However, it is a procedure that can affect the family and heirs of every mature adult following his or her death.
Discussing Estate Planning with Loved Ones
I always advise my clients to let their family members know that they have done estate planning and where the documents are located. At a minimum … family members must know that planning has been done.
Family Planning: Helping With Ill Will
If you die without a will or trust, a court will decide … who will inherit your property. The result could well be contrary to your wishes.
Thanksgiving Gratitude and Estate Planning
Getting your affairs in order is an expression of love. Estate planning is not something you do for yourself. It is something you do for others.
Death and Title to Assets
Many times when someone dies owning property in his or her name, the surviving family members do not take the necessary steps to clear title to the property. Although this is common, it can create future problems.
Estate Planning for Young Children
No one likes to think about death much less plan for it. Many surveys indicate this is one of the biggest factors in not doing estate planning. However, doing estate planning is an act of love.
Disinheriting Family
A parent does not normally decide that they just want to disinherit a child. Almost always, the child has taken actions to distance themselves from their parents and family.
Estate Planning for Blended Families
Doing proper estate planning for a “yours, mine and ours” family presents many special challenges. This article sets forth problems and provides solutions for what spouses can do when addressing concerns related to blended families.