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- Passing the Estate to Nonfamily Members: Expert Witness
In some situations, a person may wish to pass his or her property to a business partner, friend, church member or other individual outside of his or her own family. Understanding what heirs are and any statutory right to inherit is important. An expert witness can explain the steps that are legally necessary to effectuate this transaction and whether they were or were not present in a specific situation.
- What Does Texas’s Community Property Law Mean for Your Divorce?
Under Texas law, most assets that either spouse acquires during a marriage will be deemed community property when the spouses divorce. If you are preparing to end your marriage, here are some key facts to know about protecting your interest in community and separate property.
- Are Irrevocable Trusts in New Jersey a Good Idea?
Although there are some circumstances where a revocable trust is useful it is usually not necessary.
- Estate Planning with Revocable Living Trusts to Avoid Probate
Probate is a costly, stressful, time consuming process that many estates must go through upon the death of a loved one. Luckily, with proper estate planning using Revocable Living Trusts, it is absolutely possible to avoid probate. As a Cleveland, Akron area estate planning attorney, we help clients avoid probate and save thousands of dollars on probate fees, reduce the stress and hassle of going to court, and make the loss of a loved one much easier to deal with.
- What Is Power of Attorney in New Jersey?
Perhaps one of the most vital, and frequently neglected, aspects of personal and estate planning is legal and financial protection, in the event of incapacity or disability. Many older people, and their families, fear that the onset of physical or mental disability for their elderly loved ones as they advance in age.
- Remember to Include Incapacity in Your Estate Plan
The purpose of estate planning is to guide the transfer, and management, of your property in a manner that makes sense for your family. While it may sound simple, it can only be achieved through careful planning. Failure to plan carefully may result in unintended beneficiaries receiving your property, or result in unnecessary transfer taxes.
- Prenuptial Agreements: Are They Really Necessary?
Why are your children so concerned about your new life? Are they overreacting?
- Estate Planning: Clarifying Your Wishes
The reality is that estate planning is necessary for everyone — no matter the value of their assets.
- Elder Law and Estate Planning
Today it's more important than every before to plan your estates. People are living longer and thus acquiring more assets, it is imperative that you protect those assets.
- A Trustee’s Responsibilities Administering a California Living Trust
Estate planning clients often have a lot of questions about their obligations as a trustee of their living trust. Where the acting trustee is also the creator or “grantor” of the trust, the trustee typically has plenary power to act on behalf of the trust and may amend or even revoke the trust in its entirety.