» estate plan

Two Types of Inheritors

People who inherit a lot of wealth generally fall into one of two categories: those who want to work hard and those who want to pursue their own pleasure. Most families have both types. Recently, Forbes published an article describing the two general… Read More
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Widows and Estate Planning

When their husbands pass away many women feel overwhelmed with the estate's affairs. However, with some planning and a few simple tasks most widows can get a good handle on the situation. Even when there is time to prepare for losing a husband d… Read More
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Emotions and Estate Planning

Mental health professionals normally counsel that people should listen to their emotions. However, when it comes to estate planning, it is often a bad idea to be too emotional about the process. Forbes recently published an interesting article titled… Read More
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Search on for Missing Irish Heir

  When someone passes away without an estate plan, by law his or her property goes to the deceased's closest living relatives. However, if a person has no known close relatives, then what happens to the assets of the estate? It depends on w… Read More
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Do Not Forget the Smaller Digital Accounts

  People are gradually beginning to understand that they need to ensure that there is a way for family members to access digital accounts after the owner passes away, at least so far as the biggest accounts are concerned, such as bank and social… Read More
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Forged Will Leads to Arrest

Unfortunately, it is not unusual for people to take advantage of the elderly and even to go so far as to forge a will when the elderly person passes away. It is heartening, however, that when caught the people who do this normally face criminal charg… Read More
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Leaving Your Friends a Few Drinks

    Sometimes it is the littlest things that you do in your estate plan that create the most lasting memories. This might be the case in England where one man left his drinking buddies money to have drinks on him.   Roger Brown of Swan… Read More
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Categories: Estate Planning, Travel, Will

Do Not Forget Your Frequent Flier Miles

Most people who travel a lot have accumulated many unredeemed frequent flier miles or hotel reward points. What many do not know is that it is a good idea to state who should assume ownership of these loyalty reward points in an estate plan.   I… Read More
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Sumner Redstone's Succession Plan

    Sumner Redstone might not be a household number, but he is one of the most important media moguls in the United States. Redstone controls approximately 80 percent of the voting stock in CBS and Viacom. Because of that many people are in… Read More
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Business and Avoiding Probate Problems

  Small and family business owners have heard many nightmares about similar businesses that have had problems with probate. Many of the stories are true. However, with careful planning most of the problems associated with probate can be avoided.… Read More
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