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January 15, 2021
FAQ: Wills and Trusts No one likes the idea of planning for one’s passing, but it does provide absolute peace of mind knowing that you can have a say in how your assets are distributed after you’re gone and that your survivors are taken care of. […]
January 15, 2021
Duties of a Will Executor? If you are an executor, you have a vital role. When the testator (the owner of the will) passes, the executor is tasked with accounting for and locating all assets, paying off creditors, and dividing the estate to the beneficiaries named […]
December 31, 2020
Proving Breach of Fiduciary Duty If someone has a legal obligation to serve or make decisions that are in line with the best interest of another, this is known as fiduciary duty. Business partners have a fiduciary duty to each other and the business, and executors or […]
December 29, 2020
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 […]
December 14, 2020
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 […]
November 30, 2020
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 […]
November 27, 2020
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 […]
November 25, 2020
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 […]
November 24, 2020
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 […]