Creating an estate plan is an ideal way to minimize the chances that your loved ones will fight over their inheritances. However, an estate plan does not always address two issues that may be important to you: watching your children enjoy their inheritance and helping...
Month: November 2020
The downside of probate: possible estate litigation
When you agreed to serve as executor for a loved one, you may not have fully understood the responsibilities you would take on when the time came. Like most people facing probate, you may have hoped it would go smoothly. Even if you knew it would take months to...
Estate plans and the financial fallout of current events
2020 has been a challenging year in many ways. In addition to everything else, large numbers of people have sustained financial losses from which they may never recover.Something you may need to consider is that your estate plan requires changes to keep up with the...
Caring for a loved one with dementia
As people age, they could end up suffering from medical conditions that require them to need assistance with their daily lives. Many are fortunate enough to having caring loved ones who are there for them in their time of need.Caring for someone with dementia presents...
Is a Certificate of Appointment of Estate Trustee always needed?
When a loved one passes away, they ordinarily leave behind assets, debts and other property that need to be distributed, disposed of or otherwise handled. Probate may be necessary in order to accomplish these and other tasks, which requires a Certificate of...