Making a Will? Be Specific
Of course making proactive decisions about family assets and treasured belongings is challenging, but lawyers encourage as much specificity as possible when making a will. Reliance on “the kids” to work things out “later”…
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Understand The Importance: Wills and Executors
Even amidst the painful lessons of the pandemic, most Americans still don’t have a will, and correspondingly, have not designated anyone to attend to their affairs upon death. Legal experts share insights to spark…
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Family Secrets and Estate Plans
Big secrets withheld from close family members are difficult during life—and perhaps even more devastating upon death, when loved ones no longer have the hope of making peace with a surprising new reality. However,…
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Death In The Family? Practical Advice
Here’s a reality no one likes to talk about: when a loved one dies, as if working through grief is not enough, there’s a lot of other work to be done. In addition to the…
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Alzheimers? Consider a Trust
No one wants to think about living with Alzheimer’s. Sadly, a growing number of people and their families have no choice but to make big shifts in their lives, as they cope with the…
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Filial Responsibility Laws?
Can the adult children of deceased parents be required to pay off their debts? Legal experts explain that confusion around this issue is widespread. Here’s why, along with information and guidance for families working…
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Executor Duties: Debts Before Distributions
Typically, executing a will is associated with distributing the assets of the deceased to beneficiaries in accordance with the terms of the will. Although this is one of the important functions of the executor, assets…
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Leave These Assets Out: Trusts
Establishing a revocable living trust helps you plan for your own needs as you age or decline in capacity, and arrange for the transfer of assets to the beneficiaries named in your trust agreement….
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Funding a Revocable Living Trust?
Working with a lawyer to set up a revocable living trust is a smart way to plan both for your own needs as you age and to ensure a smooth and timely distribution of…
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