The majority of older adults believe estate planning is important, but less than half of those over 55 have a will, a living will, or health care directives. These documents help guide your representatives to provide the end-of-life wishes you…
Wills serve as legal directives regarding who will inherit your property after you die and are an essential component of a comprehensive estate plan. If you die without one (intestate), the state will distribute your assets and property via state…
We don't own much. Isn't it possible to put off planning until we are able to afford it? You shouldn’t. It is crucial to give legal authority to a person of your choice, to care for your children if anything…
As attorneys, people ask us why they can’t just download a will from the internet, add the children to their bank account, and do a transfer-on-death land deed, for an estate plan. It’s just not a good idea. For the…
The law describes estate planning as a legal document summarizing the property a person owns and how to distribute these assets when deceased. Property ownership includes individual as well as jointly owned bank accounts, stocks and bonds, retirement accounts, real…
When you have big life changes like births, marriages, divorces, and moving to another state, you should review your estate plan to make sure it is still current. Children grow up, marriages dissolve, property gets sold, residences change. That’s why…
In the preparation of my will, I understand property can be left to my children “per stripes.” Why is the law talking about us like we’re some kind of zebra? The phrase is Latin and it is “per stirpes,” not…