When a family comes to our firm after the death of a loved one, we start a process that is designed to gather information about the assets, debts, and estate planning tools of the person who has passed away. We…
A 2019 Bankrate survey found that sixty percent (60%) of American adults have loaned money to their children (https://www.bankrate.com/finance/credit-cards/lending-money-survey-2019/). Sadly, many reported the assistance to their child as having a negative impact, causing them to lose money, and even hurting…
Having two common estate planning documents with “Will” in the name is not ideal. A lot of confusion has been caused by the similar names of “Last Will and Testament” and “Living Will.” While they sound similar, they accomplish very…
When Aretha Franklin died late in the summer of 2018, many in the estate planning community were disappointed and surprised to learn that she did not have any estate plan in place. Forget the trusts, partnerships, and other entities that…
Picture a client coming to our office to create a last will and testament. Picture them coming in, sitting down with one of our attorneys, and having a discussion about planning for their death and potential incapacity. How old is…
Have you ever looked at the property transfer records in your local newspaper? If so, you have probably come across a transfer of from a husband and wife to themselves. Many people wonder why a couple would go through…