by Durham Law Firm | Jun 19, 2019 | Estate Planning
It is incredibly common for people to own a bank account of some type at their death. The ways in which bank accounts are distributed or transferred after a death depends on what type of account it is. There are several different types of accounts and some may not...
by HWH Updates | Jan 10, 2018 | Estate Planning
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...
by HWH Updates | Jan 3, 2018 | Estate Planning
“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...
by Durham Law Firm | Nov 30, 2017 | Estate Planning, Probate
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...
by Durham Law Firm | Oct 17, 2017 | Estate Planning
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....
by Durham Law Firm | Oct 9, 2017 | Estate Administration, Estate Planning, Probate
The point of probating a will is to validate its legitimacy and allow the beneficiaries to gain access to their inheritance. Having the proper Will probated first is usually the best way to prevent a will...
