What is a living will? In this article we will discuss using a Living Will to provide for end of life instruction. This article is the fifth in a series of nine articles explaining the Eight Goals of a Good Estate Plan.
This article is the fourth in a series of nine articles explaining the Eight Goals of a Good Estate Plan. In this Article we will discuss using Powers of Attorney to avoid the necessity of lengthy and costly guardianship proceedings if you become mentally incompetent.
This article is the second in a series of nine articles explaining the Eight Goals of a Good Estate Plan. This article will explain how an estate plan can help you with the first goal of a good estate plan: Appointment of Fiduciaries and Distribution of Assets. For the sake of readability, I have broken this article into two parts. This “part A” will discuss distribution of assets. Next week’s “part B” will discuss appointment of fiduciaries.
Our team of friendly professionals are standing by to take your call now at (630)324-6666.
Make a consultation reservation online using our online scheduling tool.
.png){kind=small}
.png){kind=small}
Choosing a trustee is, perhaps, the most difficult decision you must make when completing an estate plan. Do you choose a family member or friend to be trustee? Why would you want a professional trustee? What should I look for in a trustee? What are the advantages of choosing a professional trustee?
Trust litigation occurs when the court is needed to resolve any disputes over your trust. Some of the most common causes of these disputes are around questions of the legality of the trust. This can include but are not limited to questioning the sound mind of the trustor/deceased at the time of writing the trust, accusations of fund misuse by the trustee, or suspicion of manipulation or coercion upon the trustor/deceased. If these conflicts reach the level where the family cannot agree, parties may seek legal representation to dispute the trust, which will begin trust litigation.
In today’s world, social media accounts and other digital accounts have become a vastly large part of people’s lives. In the past when people were planning their wills and creating estate plans, they did not have to consider online or social media accounts as part of their estate. Now, however, social media accounts are considered digital assets, which are part of one’s estate.
In this article, we discuss life events that may require a review of your estate plan. We discuss updating your estate plan when you get married, when you buy your first home, when you have a child, when your children reach adulthood, after a divorce, when you acquire new assets, when you want to change how your assets will be distributed when you pass, when you are ready to plan for long-term care.
Veterans and/or surviving spouses can receive a monthly pension amount in honor of their sacrifices for serving our military. The Veterans Affairs Aid and Attendance Program is a financial resource offered by the Department of Veterans Affairs. In this article, we explain Veterans’ Aid and Attendance pensions for veterans and surviving spouses. We’ll answer the questions, “what is Aid and Attendance?”, “who is eligible for aid and attendance?”, and “how do I apply for aid and attendance?”.
Make a consultation reservation online using our online scheduling tool.
Our team of friendly professionals are standing by to take your call now at (630)324-6666.
Our team of friendly professionals are standing by to take your call now at (563) 503-6910.
Choosing a trustee is, perhaps, the most difficult decision you must make when completing an estate plan. Do you choose a family member or friend to be trustee? Why would you want a professional trustee? What should I look for in a trustee? What are the advantages of choosing a professional trustee?
Trust litigation occurs when the court is needed to resolve any disputes over your trust. Some of the most common causes of these disputes are around questions of the legality of the trust. This can include but are not limited to questioning the sound mind of the trustor/deceased at the time of writing the trust, accusations of fund misuse by the trustee, or suspicion of manipulation or coercion upon the trustor/deceased. If these conflicts reach the level where the family cannot agree, parties may seek legal representation to dispute the trust, which will begin trust litigation.
In today’s world, social media accounts and other digital accounts have become a vastly large part of people’s lives. In the past when people were planning their wills and creating estate plans, they did not have to consider online or social media accounts as part of their estate. Now, however, social media accounts are considered digital assets, which are part of one’s estate.
Choosing a trustee is, perhaps, the most difficult decision you must make when completing an estate plan. Do you choose a family member or friend to be trustee? Why would you want a professional trustee? What should I look for in a trustee? What are the advantages of choosing a professional trustee?
Trust litigation occurs when the court is needed to resolve any disputes over your trust. Some of the most common causes of these disputes are around questions of the legality of the trust. This can include but are not limited to questioning the sound mind of the trustor/deceased at the time of writing the trust, accusations of fund misuse by the trustee, or suspicion of manipulation or coercion upon the trustor/deceased. If these conflicts reach the level where the family cannot agree, parties may seek legal representation to dispute the trust, which will begin trust litigation.
In today’s world, social media accounts and other digital accounts have become a vastly large part of people’s lives. In the past when people were planning their wills and creating estate plans, they did not have to consider online or social media accounts as part of their estate. Now, however, social media accounts are considered digital assets, which are part of one’s estate.
Make a consultation reservation online using our online scheduling tool.
Our team of friendly professionals are standing by to take your call now at (630)324-6666.
Oops! Something went wrong while submitting the form :(
.jpg)
