Estate Planning

Why You Should Have a Last Will and Testament Having a Will is important. Not only can it save your loved one's time and money, but it can protect your legacy as well. You should update your Will as your circumstances change.…

Can I Give My Debts to Someone in My Will? If you are planning on leaving your assets to your family after you die, you may want to include provisions for paying any outstanding debts. Most people owe money during their lives, and…

What Happens If All Heirs Don't Agree? If an heir does not agree with the division of property in an estate, they can file a lawsuit to force the court to intervene. They must prove that the executor or trustee failed to perform his…

Can My Estate Planning Attorney Be the Executor of My Will? If you are interested in choosing an attorney to be your executor, you should take the time to understand all your options. The attorney you choose will have a huge impact…

Are Trusts a Good Way to Protect Assets During Estate Planning? Trust A trust is a legal document that identifies the beneficiaries and specifies how the assets will be used. There are a few types of trusts and many different uses.…

How Long Do Executors of a Will Have to Pass on the Proceeds of an Estate? When an individual passes away, how long do executors of a will have to pass on the proceeds of an estate? While the exact timeline is based on several…

When Should Beneficiaries of a Will Be Informed? As a beneficiary of an estate, you have a right to know what happens to the assets of the deceased. If you don't have a clear picture of the situation, you may be unable to assert your…

How Much Money Should You Leave in Your Will For the Executor? The amount of money that you should leave for an executor can vary depending on the size of the estate and your particular needs. The more assets that you pass on to…

Declining an Inheritance Declining an inheritance is an option that you may wish to consider if you are concerned about the tax liability of your inheritance. This decision is not one to take lightly, and it requires careful…

What Types of Estate Planning Options Should I Consider? Estate planning is the process of determining how to distribute your property after you die. This is often done with the help of an attorney. Last Will Testament The most…