Inheritance laws involve legal rights to property after a death and such laws differ from state-to-state. Heirs usually consist of close family members and exclude estranged relatives. Depending on the […]
Continue reading…Testamentary Substitutes
In states that have “elective share statutes,” a surviving spouse is legally entitled to a certain percentage of the deceased’s estate, even if that spouse has attempted to disinherit or […]
Continue reading…Preventing Will Contests
So, you have a will, but is it valid? A will can be contested for a multitude of reasons after it is presented to a probate court. It is in […]
Continue reading…Avoiding Common Mistakes in Estate Planning
Estate planning is designed to fulfill the wishes of a person after his or her death. Problems can easily arise, however, if the estate plan contains unanswered questions that can […]
Continue reading…What are the powers and responsibilities of an executor?
An executor is responsible for the administration of an estate. The executor’s signature carries the same weight of the person whose estate is being administered. He or she must pay […]
Continue reading…Costs Associated with Dying Without a Will
When someone dies without a will, it is known as dying intestate. In such cases, state law (of the state in which the person resides) governs how the person’s estate […]
Continue reading…Should a Power of Attorney be a part of my Estate Plan?
A durable power of attorney is an important part of an estate plan. It provides that, in the event of disability or incapacitation, a preselected agent can be granted power […]
Continue reading…When is a person unfit to make a will?
Testamentary capacity refers to a person’s ability to understand and execute a will. As a general rule, most people who are over the age of eighteen are thought to be […]
Continue reading…How does life insurance fit into my estate plan?
Life insurance can be an integral part of an estate plan. Policies can be set up to be paid directly to the beneficiary, without the need to pass through the […]
Continue reading…Your Wishes in Your Words
During the estate planning process, your attorney will draft a number of legal documents such as a will, trust and power of attorney which will help you accomplish your goals. […]
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