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Personal Property in Estate Planning
February 9th, 2020
Most people understand the need to have an estate plan that covers their major assets, such as real estate and vehicles. However, items that are more likely to cause issues between your relatives are often left out of estate plans. For an ordinary es…
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Is a Trust Right for Me?
September 29th, 2017
Many people think of trusts as estate planning tools for the very rich, but the fact is that a trust can serve many different purposes for people at all income levels. Depending on your individual circumstances, a trust may be an essential part of yo…
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Categories: Uncategorized
Remarriage and Estate Planning
August 18th, 2016
If you are planning to get remarried, it is important that you revise your estate plan before doing so, especially if you have children from a previous marriage. One of the most challenging things for estate lawyers and probate courts to administer i…
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Categories: Aging Issues, Blended Families, Current Affairs, Estate Planning, Postnuptial Agreements, Succession, Taxes, Trust Funding, Weblogs, Will
Judge Cuts Down List of Potential Prince Heirs
August 17th, 2016
The Minnesota judge hearing the Prince estate case has rejected most of the claims brought by people to have themselves declared to be the singer’s heirs. The stakes in the Prince estate case are very high. Because he did not have an estate plan, a…
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Categories: Aging Issues, Blended Families, Current Affairs, Elder Law, Estate Planning, Family Business, Probate, Succession, Television, Trust Funding, Weblogs, Will
Treating Your Children Differently in Your Estate
August 16th, 2016
For many parents it seems obvious that because their children have different life circumstances it is fair to treat them differently in their estate plans. The children often have different ideas than the parents about what is fair and that can lead…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Family Business, Small Business, Special Needs, Succession, Trust Funding, Weblogs, Will
Unhappy in Retirement
July 18th, 2016
A recent study revealed that more Americans than ever are unhappy or dissatisfied in retirement. If you are one of them, getting your affairs in order might help your security and satisfaction. When working people think about retirement, they normall…
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Media Denied Hearing in Prince Case
July 11th, 2016
The judge overseeing the probate case concerning Prince's estate has denied a request from several media companies to be heard in the case. However, questions about media access to the case have not been definitively answered. The issue of havin…
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Categories: Aging Issues, Blended Families, Current Affairs, Elder Law, Estate Planning, Family Business, Probate, Succession, Taxes, Television, Trust Funding, Weblogs, Will
Estates with Valuable Art Works Can Face Problems with IRS
July 7th, 2016
Artwork valued over $50,000 can create an unexpected estate tax bill. Because appraisals on expensive artwork can vary estates can face some difficult issues with the IRS as Barron's discusses in "How Art Can Blow Apart Your Estate," c…
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Categories: Aging Issues, Blended Families, Charitable Giving, Current Affairs, Elder Law, Estate Planning, Probate, Succession, Taxes, Trust Funding, Weblogs, Will
Estate Planning for Younger Adults
July 6th, 2016
People in their 20s and 30s might not think that they need estate plans, but they do and it is not necessarily a big hassle for them to put plans in place. A typical line of thinking for younger adults is this: because they have relatively few assets…
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Categories: Current Affairs, Estate Planning, Power of Attorney, Succession, Taxes, Trust Funding, Weblogs, Will
State Sues Life Insurance Companies
July 5th, 2016
Lawsuits from the Minnesota Attorney General should serve as an important reminder to anyone who has a life insurance policy as part of their estate plan. Life insurance policies play a pivotal role in many estate plans. They are often used to provid…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Succession, Taxes, Trust Funding, Weblogs, Will
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