We can't predict the future nor can we rewrite our estate plans every time anything happens at all in our lives that could affect a decision in our plan. It is important that estate plans prepare for the unknown through careful drafting and alternative terms. Here is...
You are free to disinherit your children in your estate plan if you would like to do so. You can do it for any reason or for no reason at all.One thing to remember, however, is that a lack of clarity can lead to estate disputes. It's best to be open and honest with...
Having a proper estate plan in place is vital, even for parties with limited assets. People work hard to establish their assets, and therefore have the right to determine what happens to those assets when they are gone.A proper estate plan must have an instrument in...
Perhaps a close relative of yours recently passed away, and his estate must now go through the probate process.You are a beneficiary in the will. You have heard the term “interested person” in connection with probate, but what does this mean? ...
When a loved one passes away, the aftermath can be confusing and stressful. The probate process can leave you feeling uneasy and impatient. If you do not approve of how the personal representative handles the estate, you may wonder if it is possible to have the...
Entering into a second marriage is becoming more common in the United States. Whether a second marriage is the result of the death of a spouse or divorce, the rates are on the rise. When it comes to matters of estate planning, things may get tricky when remarriage...
Sooner or later the subject of inheritance comes up in wealthy families. Parents become concerned about how inheriting large sums of money affect their children. A sit-down family discussion is not always the best way forward, and some wealthy parents get the point...
When a loved one passes away, sorting out a lifetime of belongings often yields family treasures, but sometimes we overlook the most precious items. That is what happened to the family of a former Coast Guard officer, but an odd coincidence forestalled what could have...
The last thing you want is your family to squabble over your estate once you die. You do not want your relatives fighting over money and assets. Instead, you want the probate process to go as smoothly as possible. You must remember that probate litigation is...
In Florida, a will may face a challenge if allegations arise that all or some of its provisions stem from undue influence on the testator. The law surrounding this issue contains many complexities, but it can help to read through a basic outline of relevant...
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