Contesting a Trust When you challenge the validity of a trust, you go through a process referred to as contesting a trust. The laws concerning this process vary from state to state, so it’s essential to reach out to an attorney experienced in trusts and estate […]
Don’t Forget About Taxes Dealing with a loved one’s passing is difficult enough. When an inheritance or will end up in litigation, it only adds to stress and emotion. That there are tax considerations to be made when litigating disputes for either, it can be further […]
Was Your Life Insurance Claim Denied? Life insurance is an invaluable protection to families after an unexpected loss. Yet often, beneficiaries file for life insurance payment, only to find that the company denies their claim. This can leave financial challenges in a time when the family […]
Now Is The Time To Update Your Will As the weather dips below freezing, we should take a cold, hard look at ways to protect our loved ones this year. If you’ve already had a will prepared, you’re a step ahead of the rest. Your work […]
Having power of attorney (POA) is a massive responsibility. This allows the agent to make decisions for another person, who is called the principal. If the principal becomes incapacitated and can no longer decide on their behalf, whoever holds power of attorney oversees their major medical […]
Fiduciary duty is the legal term for when one party must act on behalf of another. They are trusted with the oversight of property or funds. There are many fiduciary duty examples, including a lawyer and client, a trustee and a beneficiary, a corporate board member […]
Intestate Succession Defined If you die without a will, what happens to your assets? Who decides where they go or what happens to them? Does your family have any control over these things? When a person dies without a legal will, their estate can be passed […]
After someone passes on, their estate often has to go through probate to handle the details of disbursement of property or other inheritances and to handle the requirements laid out in a will, should one exist. Probate is a fairly standard process, and, in many cases, […]
No one looks forward to the task of estate planning. That said, as one gets older and accumulates more assets, it becomes a bit of a necessity. You want to make sure that your survivors are taken care of and that your assets are distributed as […]
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