Will Lawyers in the USA
Will Lawyers in the USA ► Other Countries
All Articles »Will Lawyers USA - Recent Legal Articles
- What Are the Requirements of a Valid Will?
In order for a will to be valid, it must comply with certain legal formalities. There are dire consequences of a will not following these formalities, including the decedentís estate being distributed according to the rules of intestacy and the will being completely ignored. While the legal requirements vary by state, here are some guidelines that many states have regarding the creation of a valid will.
- How Do Inheritance Laws Work?
Someone has passed away and that person's friends, family, and loved ones are left to sort out what to do with the things that are left behind. This can include both assets and liabilities. Whether a will was left or not, it is often important to understand how inheritance laws work in order to avoid disputes and keep anyone from being left with nothing but debt.
- 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 Yearís 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.
- Why Everyone Should Have a Will
Everyone should have a will to ensure that your assets are distributed according to your wishes. Since the purpose of a will is to make clear your final wishes, it is important to consult a professional during this process to ensure this complicated process produces a clear and concise, legal document.
- Duties and Role of an Executor
Your friend calls you up one day and says that he is writing his will. He asks if you will be willing to serve as executor. What should you say? Before you answer that question, you should know about the duties you will be responsible for if you choose to act as executor. Let's discuss what you should consider.
- Estate Planning - Is a Trust Right for You?
Determining whether a Trust is right for you and your family can be a difficult decision. There are many factors which come into play and no estate plan is right for everyone.
- Inheritance Issues- Family Not Cooperating, What Are My Options?
Inheritances have specific rules that make them different than other kinds of assets. For example, an inheritance is usually treated as separate property, even in community property estates. If family friction has begun due to friction of learning about a future inheritance, steps can be made in the estate planning process to minimize conflict. Additionally, steps can also be taken after the testator dies to help deal with family problems.
- 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.
- If I Have Only a Small Estate, Do I Need More Than a Will to Meet My Estate Planning Needs?
The overall purpose of estate planning involves more than just passing your assets to your heirs at death.