Estate Planning: Power of Appointment?
Even diligent estate planning efforts cannot possibly cover every potential circumstance that could challenge our loved ones down the road. A child could suffer an accident, a lawsuit could threaten savings, a hurricane could…
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Probate Law: Specialty Courts In Iowa?
Iowa is exploring the establishment of two new specialty probate courts. In anticipation of an unprecedented transfer of wealth as the population ages, some experts believe specialty courts can play a critical role in…
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Death and Passwords?
When a loved one asks you to execute their will, swallow hard, breathe deep, and then commit the time to find out everything you can about their intentions—and the whereabouts of essential documents and accounts….
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When Do Irrevocable Trusts Make Sense?
As conveyed in the name, setting up an irrevocable trust requires serious commitment. Though there are legal remedies that can be applied if life circumstances shift after an irrevocable trust is established, lawyers recommend…
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Estate Planning: Debt Discussion
When a loved one names you to execute their will, take it seriously. Count yourself lucky if you have plenty of time to speak with them about their intentions. Take the time to get…
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Can You Execute My Will?
Executing a will is a big responsibility. It takes time and patience, and the administrative chores can be an extra challenge for those grieving. When you create a will, be thoughtful in your selection and…
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Accountable To Beneficiaries: Personal Representatives
The probate courts appoint personal representatives to settle the affairs of the deceased when there is no will. A personal representative takes control of the assets (aka estate) of the deceased and distributes them to…
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Time for a Conservator?
Taking care of loved ones or friends is a tremendous responsibility. Legal advisors point out that in some circumstances, conservatorships can be the right solution for protecting the finances and legal affairs of someone…
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Let’s Talk About It: Estate Planning
If we become incapacitated, and when we ultimately die, there is so much our families will need to know and do—while grieving. Putting an estate plan in place and communicating about it while we…
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