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What Happens if My Parent Has More Than One Will When He or She Dies?
March 28th, 2018
Over the course of a person’s life, he or she may have a change of heart about the contents of his or her will, which may lead him or her to execute a new will. These changes might arise for a variety of reasons, such as a significant increase or d…
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What Does an Executor Do?
March 26th, 2018
An executor is a person appointed by the probate court to administer your estate following your death. In most cases, you will have designated a person or persons to be the executor of your estate in your will. You also might have designated a succes…
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Myths About Trusts
March 22nd, 2018
A trust is a legal means of managing money and assets either for your own benefit or for the benefit of another. As the grantor or settlor of the trust, you transfer legal ownership of your property to the trust. The trustee, which can be a designate…
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Estate Planning for Second Marriages
March 20th, 2018
When you divorce or a spouse passes away, getting remarried is rarely at the forefront of your mind. In time, however, you may meet that special someone with whom you want to experience marriage again. If you find yourself in this situation, though,…
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Will Medicaid Pay for Home Health Care for My Loved One?
March 16th, 2018
There are certain limited circumstances in which Medicaid will pay for home health care for your loved one. If you are financially eligible for Medicaid and need the type of services offered by nursing homes, Medicaid may pay for at least some of the…
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How to Handle Digital Assets in Estate Administration
March 14th, 2018
While access to assets used to be fairly straightforward, in the form of account statements and legal documents stored in safety deposit boxes, filing cabinets, and office desks, this is no longer the case. In the world of digital assets stored in cl…
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Can I Keep My Son From Wasting His Inheritance?
March 8th, 2018
Many individuals worry that their heirs, who are often children or grandchildren, will foolishly squander all of the assets in their wills and trusts that they have worked so hard to leave for their heirs. One prime example is if a child historically…
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What Should I Do to Prepare for a Major Health Emergency?
March 6th, 2018
When you think about estate planning, wills, trusts, and other traditional estate planning documents probably come to mind. You may even think about a guardian for your minor children if you pass away. An integral part of estate planning, however, re…
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Life Changes, Estate Plan Changes
March 2nd, 2018
Even if you already have a comprehensive estate plan in place, you will need to review it periodically for any changes that you need or want to make to it. Changes in the law can require changes to your will and other estate planning documents; likew…
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Should I Choose a Guardian for My Children?
February 28th, 2018
If you are the parent of a minor child, part of the estate planning process should involve choosing a guardian for your child. Although no one wants to consider the possibility of an accident or illness leading to premature death, planning ahead for…
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