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Tag Archives: Family

second-marriages

Second Marriages Later in Life

By Barney McKenna & Olmstead |

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.

debts-underwater

Estate Planning: Owing More Than You Own

By Barney McKenna & Olmstead |

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.

estate-planning-attorney

What is Probate?

By Barney McKenna & Olmstead |

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.

daughter-helping-mom

Discussing Estate Planning with Loved Ones

By Barney McKenna & Olmstead |

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-feuding

Family Planning: Helping With Ill Will

By Barney McKenna & Olmstead |

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.

happy-family-thanksgiving

Thanksgiving Gratitude and Estate Planning

By Barney McKenna & Olmstead |

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.

time-vs-money

Death and Title to Assets

By Barney McKenna & Olmstead |

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.

young-family

Estate Planning for Young Children

By Barney McKenna & Olmstead |

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.

Parents-Student-Conflict

Disinheriting Family

By Barney McKenna & Olmstead |

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.

blended-families

Estate Planning for Blended Families

By Barney McKenna & Olmstead |

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.