If you have an elderly father, you probably want to encourage him to think about estate planning. With some advance consideration, your aging loved one can keep some control over what happens to his assets after death. You must also ensure that someone does not exert...
Year: 2019
Why to avoid DIY estate litigation
The day will come when you need to meet with an attorney to create an estate plan. However, there are plenty of online services that allow you to create a will by yourself, and that is a mistake you do not want to make. You never want there to be any errors in your...
Warning signs your parent’s will may be invalid
The reading of the will tends to be a dramatic event in movies and books, typically ending in an unpleasant surprise for the family. Despite the common dramatization, these scenarios do happen in real life, leading loved ones to contest the will. However, the signs...
What you need to know about challenging a will
Your grandmother always said she would leave you a substantial inheritance. But then when the attorney read her Nevada will after she died, it failed to mention you. Instead, she left almost her entire estate to your cousin who had taken care of her the last year of...
Understanding the duties of a trustee
People work hard to obtain their assets. It is only right that those individuals be able to delegate their assets as they desire. A proper estate plan can aid in accomplishing this, and a trust is a beneficial tool within the plan. A trustee is the party in charge of...
How to include a pet in an estate plan
People love their animals, which is why so many stories pop up of rich people who have passed away leaving behind millions of dollars to their dog or cat. Most people just want to make sure someone will look after their pet if they pass away. Typically, ownership of a...
Are you unhappy with the trust administration process?
When your loved one passes away, the trustee is responsible for administering the trust. This individual must adhere to the terms of the trust, communicate with beneficiaries and manage assets properly. Unfortunately, not ever trustee lives up to these expectations....