In this article, we discuss listing joint owners for all of your assets to avoid probate in Iowa and answer the following questions: what’s the risk in only utilizing joint owners to avoid probate?, what happens when a will lists someone other than the joint owner on an asset?, what is a “confidential relationship” Under Iowa probate law?, and what is “intentional interference with inheritance” in Iowa probate law?
In this article, we discuss how to refuse an inheritance and answer the following questions: what is a disclaimer?, why would someone want to refuse an inheritance?, how does one file a disclaimer?, and when is a disclaimer invalid?
In cases in which probate is required, the executor of the estate or the next of kin cannot take the actions necessary to administer the estate without the authority granted by the probate court. Probate is a complicated process that requires executors to prepare forms, meet deadlines, keep records, generate reports, submit filings to the court, and serve notices to creditors, heirs and local newspapers.
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In this article, we discuss the benefits of using an LLC in your Iowa estate planning and answer the following questions: what is an LLC?, what are the benefits of using an LLC in estate planning?, how does a family LLC differ from a regular LLC?, how does a family LLC work?, and what can I use to fund my LLC?
In this article, we discuss how to avoid beneficiary designation problems by making sure your various investment accounts and estate planning align. We will answer the following questions: Does a will take precedence over beneficiary designations on my investment accounts?, can beneficiary designation affect estate taxes?, can an investment account be pulled automatically into a trust or will upon death?, what’s the difference between per stirpes and per capita distribution?, and can I just name my trust as the beneficiary of all my accounts?
In this article, we list the most important items for creating an Iowa estate plan, so you can start protecting your assets right away. We will cover the following items: designating a healthcare agent and financial agent in an estate plan; making a list of all the assets you want to be protected under your estate plan; designating beneficiaries; decide what vehicle is best for transferring your estate; and what should you do with the estate planning documents once completed?
Make a consultation reservation online using our online scheduling tool.
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.
In cases in which probate is required, the executor of the estate or the next of kin cannot take the actions necessary to administer the estate without the authority granted by the probate court. Probate is a complicated process that requires executors to prepare forms, meet deadlines, keep records, generate reports, submit filings to the court, and serve notices to creditors, heirs and local newspapers.
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?
A minority shareholder can hold some power, but they do not hold full majority control as they, individually, own less than half of the company. Conversely, a majority shareholder is one who does hold full control over a company by owning the majority of the company’s shares. Because a majority shareholder owns over half the company, this gives him or her power over the company’s decisions, and limits the power held by the minority shareholders. When a company decision needs to be voted on by shareholders, the majority shareholder will be the one who can essentially make or break the decision as they have the most power and control.
In cases in which probate is required, the executor of the estate or the next of kin cannot take the actions necessary to administer the estate without the authority granted by the probate court. Probate is a complicated process that requires executors to prepare forms, meet deadlines, keep records, generate reports, submit filings to the court, and serve notices to creditors, heirs and local newspapers.
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?
A minority shareholder can hold some power, but they do not hold full majority control as they, individually, own less than half of the company. Conversely, a majority shareholder is one who does hold full control over a company by owning the majority of the company’s shares. Because a majority shareholder owns over half the company, this gives him or her power over the company’s decisions, and limits the power held by the minority shareholders. When a company decision needs to be voted on by shareholders, the majority shareholder will be the one who can essentially make or break the decision as they have the most power and control.
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.
Monday to Friday
9am - 5pm
Monday to Friday
9am - 5pm
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