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Probate does not have to be an ugly word that calls up nightmares. One of the most frequent questions addressed to estate planning attorneys is how to avoid probate, according to Forbes in “Probate, Wills, Executors: Your Estate Planning Questions Answered.” Probate, which is actually just the type of court where a will or estate […]
Wealth created by the original generator does not remain, unless properly maintained. The heirs of James Jewett Stillman have found themselves in the position of auctioning off art to obtain money to save the estate, according to Bloomberg in “New York Banking Royalty’s Heirs Are Unloading Art to Save the Family Estate.” Stillman, who is […]
Planning for your estate is always a good idea. It may also help out family members in the process. Many estate fights are avoidable, according to Wealth Management in “How to Prevent Feuds Among Heirs.” Families often fight over estates. Some of those battles cannot be avoided because of family dynamics. But the single most important […]
Despite the occasional confusion about wills, they can be changed. “Mirror image wills” often turn out to be a common source of litigation, according to the National Law Review in “Contracts to Make Wills or Trusts.” The “mirror image will” is usually where spouses agree that the first to pass away will leave everything to […]
Wills are often dry, technical documents. However, they can be beautiful things. Wills can be beautiful, if done correctly and for the best intentions, according to Nasdaq in “A Will Can Be a Beautiful Thing.” The potential beauty of a will is not in the actual words themselves. That much should be obvious, because most […]
Trusts becoming subject of public discussion. Ivanka Trump’s trust is bringing some light to shine on the subject of trusts, according to The New York Times article “Despite a Trust, Ivanka Trump Still Wields Power Over Her Brand.” Trusts are not often a subject of much public discussion. They are important to estate planners, but […]
An estate plan can reduce some of the worries facing new parents. Some financial planning advice for new parents was recently published by Wealth Management in “Six Financial Planning Steps for Expecting Parents.” All of the listed steps in the article are important and worth consideration for new parents. However, the last one is of […]
Entering a nursing home can be frightening, but having asked the right questions can reduce the stress. There are appropriate questions to ask a prospective nursing home that can make it less scary, according to Next Avenue in “18 Questions to Ask Any Nursing Home.” Nursing homes come in all sorts of varieties with different […]
Travelers to Mars may take pills to reverse the aging process A way to reverse the aging process may have been found and NASA is looking at it for space travelers, according to the Daily Mail in “Would YOU choose to live forever? Age-reversing pill that NASA wants to give to astronauts on Mars will […]
There are some things you need to do, even if you don’t think you need an estate plan. Your assets do not generally go where you want them to go when you pass away, unless you have an estate plan, according to Fidelity in “Estate planning must dos.” There are really two things that must […]
