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An Odd and Bitter UK Estate Battle
November 27th, 2015
An estate battle in the United Kingdom pits four large charities against the son of a 95-year-old Alzheimer’s patient whom the charities accuse of fraudulently creating a new will for another woman. In an interesting estate battle in the United Kin…
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Another Reason to Avoid Probate
November 25th, 2015
Judges are supposed to be impartial and not allow any personal issues to get in the way with the fair administration of justice. One probate judge in Maine illustrates that is not always what actually happens. York County Probate Judge Robert M.A. Na…
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Categories: Aging Issues, Current Affairs, Elder Abuse, Elder Law, Estate Planning, Power of Attorney, Probate, Succession, Weblogs, Will
How Probate Can Get Expensive
November 16th, 2015
There are many reasons to want to avoid probate for your estate. One of them is that probate can get very expensive. One doctor's bill in a case in New Hampshire illustrates just how expensive. The story of Geraldine Webber's estate has bee…
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Avoid These Common Estate Planning Mistakes
November 10th, 2015
The most common estate planning mistake may surprise you. "The mistake actually isn't part of the will and trust," said Dan Prebish, head of life services events at Wells Fargo Advisors, based in St. Louis. "It actually has to do…
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The High Cost of Dementia
November 2nd, 2015
Three diseases, leading killers of Americans, often involve long periods of decline before death. Two of them — heart disease and cancer — usually require expensive drugs, surgeries and hospitalizations. The third, dementia, has no effective trea…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Long Term Care, Medicaid, Power of Attorney, Probate, Trust Funding, Weblogs, Will
Don't Let a Perfect Storm Ruin Your Plans for the Family Farm
October 29th, 2015
In February of 1959, rock and roll musicians Buddy Holly, Ritchie Valens and J.P. "The Big Bopper" Richardson were killed when a plane Holly chartered at the last minute crashed near Clear Lake, Iowa. The event later became known as "t…
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Categories: Current Affairs, Estate Planning, Family Business, Power of Attorney, Probate, Small Business, Succession, Taxes, Trust Funding, Weblogs, Will
Can a Lawyer Profit From an Unethical Will He Drafted?
October 22nd, 2015
A recent appellate court decision in Michigan means that it is possible for attorneys to be unethical and still profit from the wills they create. Every state has a basic ethical rule for attorneys: an attorney cannot draft a will for a non-relative…
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Categories: Charitable Giving, Current Affairs, Elder Abuse, Elder Law, Estate Planning, Probate, Trust Funding, Weblogs
What to Do to Reduce Estate Taxes
October 15th, 2015
If you plan on leaving a sizable amount of money to your heirs, it's understandable to be concerned about estate taxes. After all, the top Federal estate tax rate of 40% could take a nasty bite out of a multi-million dollar estate, and that'…
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Want to Spare Your Kids From a Family Fortune?
October 13th, 2015
From shirtsleeves to shirtsleeves in three generations, goes the early 20th-century American proverb. Then there's the 19th-century British version: Clogs to clogs in three generations. And from Italy, date uncertain: From the stable to the star…
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Check Out This Estate Sale!
September 1st, 2015
The Orange County Public Administrator’s Office has dealt with its share of unusual inheritances. There was the protection they once had to arrange for a $500,000 ring. And there was the pet eel. But theupcoming estate sale of Gerald Willits, a Bue…
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