When you think of making an estate plan, you probably think of creating a will. While many people do no estate planning at all, a substantial number of people who do make a plan will only make a will and not go any further in the planning process. Unfortunately, for many people, a will is just the start of the documents you need to provide full protection for yourself and your loved ones. You … [Read more...] about 3 Reasons Why Creating a Will Isn’t Enough
The executor of a will has to do many different things during the probate process which are of great importance. When you are preparing your estate plan, you need to make certain that the person who you select to serve as executor of an estate is someone you can trust absolutely to serve your interests and to facilitate the fast and effective transfer of your assets to the people you … [Read more...] about Considerations When Choosing the Executor of a Will
"Choosing the Executor of a Will" by Attorney Nicole Livingston … [Read more...] about Considerations When Choosing the Executor of a Will (Audio)
"What if an Executor of a Will Makes a Mistake?" by Victor A. Lembo … [Read more...] about What if an Executor of a Will Makes a Mistake? (Audio)
The information in this article was written by Steve Hartnett of the American Academy of Estate Planning Attorneys and is being provided to you courtesy of Attorney Nicole Livingston of SinclairProsser Law In Kicking the Bucket List, Gail Rubin offers a helpful list of 100 things to do before you die. As I mentioned in a prior blog, this is a good, light read and planning tool to help you, … [Read more...] about Kicking the Bucket List, Part 3
Wills are one of the most basic and important estate planning documents. It is used to provide comprehensive instructions to ensure protection of your legacy. Also, Wills can stop your family from fighting over your assets, and provide clear instructions for who should be in charge of estate administration. You want to ensure you create a legally valid Will to provide instructions for the future … [Read more...] about How Often Do I Need to Update My Will?
The recent passing of iconic artist Prince was a shock to the world that has left more questions than answers. The 57 year-old legend's death was emotional for many and now we are scratching our heads trying to figure out why he may not have had a Will, if no estate planning documents surface in the coming months. Prince's family has filed an action in his home state of Minnesota, and the … [Read more...] about Importance Of A Will – Even If Your Name Isn’t Prince
"Importance of a Will - Even If Your Name Isn't Prince" by Attorney Victor A. Lembo … [Read more...] about Importance of a Will – Even If Your Name Isn’t Prince (Audio)
One of the most important things you will have to consider when setting up an estate plan is who will be the executor of your will and the trustee of your trust. For ease of administration it is often recommended that you name only one person to fill these roles. Some people do not like to name just one person, especially when they have two children and they want both children to act … [Read more...] about How Many Executors Should I Name In My Will?
'How Many Executors Should I Name In My Will?" by Attorney Colleen Sinclair Prosser … [Read more...] about How Many Executors Should I Name In My Will? (Audio)