Estate Planning for Blended Families
“Traditional, very simple estate planning may not be sufficient to accomplish estate planning goals in many blended family situations.”
Why Would I Need a Will or a Trust?
“Should I terminate these trusts and just have my children as beneficiaries of my investment accounts and life insurance?”
What’s the Latest on the Zappos’ Founder’s Estate?
“A Clark County judge has awarded Tony Hsieh’s father and brother administrative duties to begin the process of sorting out the Las Vegas visionary’s vast wealth and estate after he died and left no known will or estate documents.”
What Can a Strong Estate Planning Attorney Help Me Accomplish?
“Too many people mistakenly believe that to have a need for estate planning, you must be old and wealthy. Nothing could be farther from the truth. Once you are a mature adult, independent, and income-producing, it is time to assume the responsibilities of preparing for your future. High on the list is preparing an estate plan with a clear understanding that your plan will be revised to adapt to changing circumstances.”
Don’t Neglect a Plan for Your Pet During the Pandemic
“Eighty-five million families in the United States own at least one pet. That’s 68% of the population. How many of those owners have a plan for what would happen to their pet if they themselves met with a crisis, had a lengthy hospitalization, or died?”
Create an Estate Plan for Your Heir’s Sake
“After someone’s death, it is typically a time of grief, high emotion, fear of the unknown, and confusion. A good estate plan can alleviate some of this.”
Yes, You Do Have an Estate and You Do Need an Estate Plan
“Regardless of their actual financial standing, job title, and income, many Americans—and probably most federal civil servants—would identify themselves as middle class.”
It’s Like Going to the Dentist: You Need to Get Your Estate Plan Ready
“However, if you get no further than scribbling notes or thinking about which lawyer to hire, you risk dying “intestate”—without a will that could guide your loved ones, head off family feuds, and potentially save your family thousands of dollars.”
Deciding Who Should Be Your Executor
“Even thinking about preparing or updating your estate planning documents is tough stuff. There are many variables to consider.”
Still Waiting to Update Your Estate Plan?
“When the ‘Queen of Soul’ Aretha Franklin died last year, it was believed that she hadn’t prepared any kind of estate plan, including a last will and testament. However, a few months ago, three handwritten wills were found in her home near Detroit. Two were in a locked closet and one was stuffed beneath the cushions of a couch!”