Losing one or both of your parents can be an incredibly difficult time of life. Once your parents pass away, you have thousands of memories that cause feelings of happiness and sorrow. The most agonizing truth that sometimes gives rise to feelings of regret is that...
Accumulating wealth and protecting wealth are two very different things. Research shows that it takes just two generations for a family to lose 70% of its net worth. By the third generation – it hits 90%. Protecting the inheritance of future generations requires...
“Mom told me all her life that she planned to split everything evenly between her children. She got sick, and my brother took her out of state so he could provide care for her. Communication became more difficult as time passed and it was harder to find out...
The estate of someone who’s passed away is adjudicated in probate court. The will and other documents are entered into the record. The executor goes through the process of identifying the creditor with a claim against the estate. Before any assets distributed to the...
There’s a lot to consider when you’re planning your estate. Asset distribution. Health care proxies. Power of attorney. Though you make the decisions, it’s your family who will carry them out. It’s important to meet with them and make sure they understand your wishes....
A lot of people ask me what the difference is between hiring a law firm to do my will or just doing it myself, on my own or one of those services that will do it online for you. Well the answer is actually very complicated, but the first reason I tell people is...
