Some estate disputes are based around the idea of undue influence. This can be used as a reason to challenge a will or an estate plan. By claiming undue influence, someone is just saying that another party influenced the person who is writing the estate plan,...
If you begin your estate planning before you’re well into your senior years, you likely will want to make some modifications down the road as your family, your assets and/or your priorities change. Experienced estate planning professionals can help people craft their...
While it might seem uncomfortable to bring up, initiating a dialogue about your parents' wishes for their assets and healthcare can help ensure a smoother and less stressful process for everyone involved when the time comes. Estate planning encompasses more than just...
Estate planning is an important way of making known your wishes for the distribution of your assets after your passing. When creating your estate plan, other existing documents such as a prenuptial agreement, may impact how your assets are distributed and managed....
When doing business succession planning, business owners are often passing the company down to their adult children. They assume that their children will want to run the business and follow in their footsteps. But is this actually true? It’s very important to talk to...
When people are passing a family business onto the next generation, they often want things to be fair. They’re trying to avoid estate disputes, and they want to treat all of their children the same way. They think that this means making things equal, such as leaving...
When most people think about estate planning, they often think about will drafting and asset distribution, which is true. The main function of an estate plan is so that testators can have their last wishes fulfilled. However, estate planning can be much more than...
A trust is a legal document that allows people to distribute assets according to their instructions without causing beneficiaries to go through probate or disputes. A revocable trust is one of the more common kinds of legal documents. Grantors can alter revocable...
Estate planning is a process that allows people to instruct how their estate is handled in anticipation of their passing. Estate planning has a lot of moving parts, which can be confusing when the testator has been misinformed about the process. Common estate...
When you're putting your estate plan together, one of the biggest decisions you have to make is who to name as your executor. Since the executor is the person who will be in charge of your estate as it goes through probate, you want the job to go to someone you trust...