Choosing An Executor or Trustee
How do you decide who to designate as the executor of a will or trustee of a trust? Estate planning attorneys advise careful attention to making these decisions. Though sometimes families treat the designations…
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Understanding Undue Influence
What constitutes undue influence in an estate plan? What are some of the reasons why beneficiaries might challenge an estate plan over undue influence? How do different states handle claims of undue influence? Read…
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On Time and On Budget?
As competition for labor and materials remains intense throughout the construction industry, completing projects on time and on budget requires ever more creativity. Industry pros provide suggestions about how to re-think “business as usual.”…
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Where’s The Data? Invisibility Challenges
To succeed in the construction business, owners not only need data—they need to quickly access and see the right data to inform decisions in real time. Unfortunately, an industry survey finds that doing so…
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Assets, Debts, Taxes: Executor Duties
Agreeing to execute the will of a loved one or friend involves more then most people realize. Executors are encouraged to prepare ahead of time to the greatest extent possible. Experts share their insights for…
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Estate Plans: It Takes a Village
By it’s very nature, creating—and periodically updating, an estate plan requires us to involve others. Importantly, for example, when young children are involved, a guardian must be designated. Wills rely on personal representatives, typically…
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Executing Paul Allen’s Estate
When Microsoft co-founder, Paul G. Allen died in 2018, his net worth was estimated at $20.3 billion. His sister Jody Allen has had the big role of executing his estate in line with his…
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Inheriting Debt?
Mortgages, credit card bills and car loans are among the types of debt left behind upon the death of a loved one. What happens to these debts? Can the burden of payment be passed on…
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Painful Labor Shortages
Of course it’s not surprising for anyone in the industry to learn that the annual workforce survey by the Associated General Contractors of America reveals “painful labor shortages” in just about every aspect of construction….
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