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- What is the Difference Between a Will-based Plan and a Trust-based Plan?
Explaining the differences between a Will-based plan and a Trust-based plan so you can make an educated decision for your family about what is best for you and, ultimately, for them.
- It's the New Year, is Your Estate Plan up to Date?
Now that the ball has dropped and toasts have been made, did you make a New Year’s Resolution? While many people make resolutions, very few make it their top priority to get their estate plan in order. Even if you have an estate plan in place, situations change - babies are born, marriages are celebrated, loved ones die and divorces happen - these changes merit re-evaluating your estate plan. If you have been procrastinating about estate planning, here are some pointers to get you started.
- New Rules for Estate Recovery in Wisconsin
In 2014, the rules regulating the Wisconsin Estate Recovery program were updated to allow Medicaid and other long-term care insurance programs to recover funds from recipients of such coverage after they have passed on by claiming parts of their estates.
- Cost-effective Probate Alternatives When a Person Dies Without a Will
If your loved one passed away without a will, Texas law provides several options for settling the affairs of his or her estate. This article explains several of these options.
- Initial Steps to Take When a Loved One Dies
When a loved one dies, the last thing that you want to do is to think about business. Having a checklist available during this stressful time can be very helpful and can help you remain calm while you are healing.
- Cut Out of the Will, What Can I Do?
Losing someone you were close to is always difficult. But, it can be all the worse when you find that the lost loved one may have cut you out of their will, either intentionally, accidentally, or as a result of someone exerting undue influence over the person before their death. So what can you do it you get cut out of a will?
- Top 5 Things to Consider Adding to an Estate Plan
For most, estate planning is not an enjoyable experience. For many it is a recognition of their own mortality. For others, it is simply an exercise in annoyance and frustration as one tries to navigate the complicated twists and turns of tax laws, healthcare regulations, trust laws, etc. To make things simpler, the following is a list of the top 5 things you should consider adding to your estate plan.
- Families Behind Revlon and Hudson Media Fight Bitter Legal Battle Over Enormous Inheritance
Samantha Perelman is a 23-year-old student at Columbia University, working on a masters of business administration and as a summer production assistant on the set of the HBO show “Girls.” Impressive credentials, to be sure, but more impressive is the legal battle in which she finds herself: she is fighting with her uncle for a share in an estimated $700 million inheritance.
- What Happens to Property if There is No Will?
If you have lost a loved one, there are many things on your mind, not the least of which may be what to do with the belongings that have been left behind. Sadly, family can become very attached to different items that may bear a sentimental value to them, or feel entitled to a portion of the estate's value. These problems can be greatly magnified in situations where there is no will.
- Why Is It Important to Have a Will?
It is important that each person have a will that directs their family members and loved ones on how they want their final wishes to be carried out (i.e., burial, cremation, etc.), as well as how they want their estate to be divided after their death.