Blog
In order to make sound financial decisions, you must have a good understanding of the rules. Receiving an inheritance is one of those situations you may have to make decisions that could impact your future finances. If you inherit a Roth IRA, the options you have are similar to that of a traditional IRA, however, there […]
A ‘black widow’ who married a man on his death bed just eight days before he died has been jailed for stealing his granddaughter’s inheritance. Being the administrator of an estate comes with great responsibility. Who would you choose to handle your own estate? Can they be trusted to do as you wish? Eight days […]
Here are some developments in trust law that led to irrevocable trusts being not exactly irrevocable. Is an irrevocable trust truly unchangeable? In the past, it almost certainly was. But this irrevocability led to problems when the circumstances that existed when the trust was created changed greatly and made the trust less than ideal. Lawyers […]
Siblings can be our closest family members. But when it comes to litigation over family property or money, genetics can fall by the wayside and siblings can quickly become our biggest adversaries. Do these song lyrics hold true about siblings? Hey brother! There’s an endless road to rediscover Hey sister! Know the water’s sweet but […]
Liquidating a relative’s estate is one of the most personal ordeals, yet it is becoming increasingly common, people in the industry say. As the population ages, the estate sale business is booming. Estate administrators and those who inherit estates can take advantage of an estate sale to get rid of tangible property that is not […]
Does a person’s right to privacy extend past death? In this digital age, yes, according to legislation passed by the 2015 General Assembly — the first of its kind in the country. The Privacy Expectation Afterlife and Choices Act aims to assure that a person’s electronic footprint remains off-limits after death — even to his […]
It seems that the millennials are going to inherit a lot more from their baby boomer parents than just some tie-dyes, Steely Dan LPs, and Fabulous Furry Freak Brothers comic books. To the tune of $30 trillion, according to Federated. But will millennials invest that wealth? Wall Street is worried, so they are taking action […]
If passed the bill would direct the Texas Supreme Court to create various forms to aid individuals in creating wills and navigating probate pro se. One argument against estate planning are the fees involved in creating an estate plan. Many people cannot afford lawyers or they do not believe they need lawyers for their legal […]
The funeral home that handled services for Chicago Cubs great Ernie Banks has jumped into the legal battle over the estate of the Hall of Famer with a claim for more than $35,000 it says it has not been paid. Unfortunately, the drama continues for the estate of Ernie Banks. First, there are the accusations […]
Sidney Kronenberg, who owned an East Williamsburg hardware business called Brown Industries Inc., died in 2010 with about $8 million that has been accounted for, according to court records. But his son, S. Harris Kronenberg, says there is much more money out there hidden in offshore accounts and under aliases — and he bases his […]
