What New Homeowners Should Know When Planning Their Estate
Your home is one of – if not the – most expensive assets that you will ever own. It is for this reason that it is imperative that you understand which legal documentation to complete in order to ensure that it can be transferred properly to your intended heirs after you pass.
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I’m Adopted: Will I Inherit From My Birth or Adoptive Parents?
When parents pass away without an estate plan, their assets will be distributed in a particular order, going to their spouse and then equally among their children. But what happens when one of their children is adopted? When a child is adopted, are they entitled to inherit from their adoptive parents, birth...
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Don’t Forget to Include Your Digital Assets in Your Estate Plan
Some of the most important documents to execute during your lifetime are those that help create an all-inclusive estate plan. Having a comprehensive estate plan helps to ensure that your wishes are carried out when you are incapacitated or deceased.
While estate plans include a large number of physical assets,...
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What to Know if a Person’s Estate Goes to Probate
Losing a loved one can prove devastating. When you are dealing with such strong emotions and putting one foot in front of the other, you probably don’t want to have to deal with figuring out their estate – let alone if it goes to probate.
Probate is a legal...
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What Is a Special Needs Trust?
Estate plans help us to take care of others and ourselves when we are not in a place to be able to do so ourselves. Whether due to incapacitation or death, we always want to be sure that our loved ones and ourselves will best be protected. This holds an even more...
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Supporting Your Companion Animals After You’re Gone
Studies have shown that companion animals help us to reduce stress and blood pressure, and allow us to live longer. They are the ones waiting by the door every time you return, only to greet you with unconditional affection. That is why although they are our companion animals, many of us consider...
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Gifting Your New Spouse With An Estate Plan
From bank accounts to taxes, to purchasing a home, as couples embark on the journey of marriage, there are many aspects of each individual’s life that become joined. However, one aspect that most newlyweds don’t think about is the creation of an estate plan.
Regardless of each individual’s age,...
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What to Know About Estate Planning for High-Risk Professionals
Lawsuits are a real part of all businesses. No matter which industry you’re in, you may always be exposed. But although everyone runs the risk of facing a lawsuit, there are certain professionals who are at a much higher risk. These individuals include physicians, business owners, financial advisors, and lawyers. The nature...
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Estate Planning for Same-Sex Couples
You can create an estate plan for you and your significant other – regardless of whether or not you are legally married. This applies not only to heterosexual couples but for gay couples as well. The good news is that estate planning for same-sex couples doesn’t have to be overwhelming or difficult...
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Splitting the Difference: How Will I Come Out Financially After My Divorce?
Apart from the emotional turmoil that typically surrounds a divorce, particularly if there are children involved, serious financial concerns will affect both parties. If you are wondering, or worrying, about how your lifestyle will be affected by the change in your marital status, you need a well-informed, highly skilled family law attorney to guide...
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