Posts tagged with "executor"



Estate Planning · August 19, 2022
What Your Last Will & Testament Will (And Will Not) Do—Part 1
August is “National Make-A-Will Month,” and if you have already prepared your will, congratulations—too few Americans have taken this key first step in the estate planning process. Yet, while having a will is important—and all adults over age 18 should have this document in place—for all but a few people, creating a will is just one small part of an effective estate plan that works to keep your loved ones out of court and out of conflict.
Estate Planning · May 13, 2022
10 Common Estate Planning Mistakes Your Family Can’t Afford To Make—Part 2
The DIY approach might be a good idea if you're looking to build a new deck for your backyard, but when it comes to estate planning, it's actually one of the worst choices you can make. Are you really willing to put your family's well-being and wealth at risk just to save a few bucks? Don't wait that these mistakes won't be discovered until you're gone. Here, we wrap up the list with the remaining five mistakes your family can't afford to make.
Estate Planning · March 18, 2022
Probate: What It Is And How To Avoid It - Part 1
One of your primary goals is to keep your family out of court and out of conflict no matter what happens to you. Yet, as you can see, if your family has to go through probate, your estate plan falls woefully short of that goal, leaving your loved ones most stuck in an unnecessary, expensive, time-consuming, and public court process. By having a comprehensive estate plan, you can help your loved ones avoid probate altogether or at least make the process extremely simple for them.
Estate Planning · January 21, 2022
5 Ways DIY Estate Plans Can Fail And Leave Your Family At Risk—Part 2
While the DIY approach might be a good idea if you're looking to build a new deck for your backyard, it's actually one of the worst choices you can make when it comes to estate planning. Are you willing to put your family's well-being and wealth at risk just to save a few bucks? If you want to do the right thing for those you truly love, contact your Personal Family Lawyer to get your Life and Legacy Planning started.
Estate Planning · January 07, 2022
Preventing Family Conflict And Disputes Over Your Estate Plan
No matter how well you think you know your loved ones, it's impossible to predict exactly how they'll behave when you die or become incapacitated. No one wants to believe that their family members would ever end up fighting one another in court over inheritance issues, but the fact is, we see it all the time. The best way to deal with estate planning disputes is to do everything possible to prevent family conflicts from making sure they never occur in the first place.
Estate Planning · April 30, 2021
Almost Three Years After Her Death, Aretha Franklin's Poor Estate Planning Continues To Haunt Her Family - Part 1
Nearly three years have passed since Aretha Franklin, known as the “Queen of Soul,” whose earnings are worth $80 million, died from pancreatic cancer at age 76. Yet, due to poor estate planning, her children have yet to see a dime of their inheritance, and what they ultimately receive will be significantly depleted by back taxes. Also, it’s still not clear whether or not Aretha ever had a valid will. Her story shows how destructive poor estate planning can be for the loved ones we leave behind.
Estate Planning · January 03, 2020
There are many things that you cannot predict but can prepare for, such as death. After your death, or even if you are disabled and unable to make decisions for yourself, you need to make sure someone, who is called your Agent, can make important decisions on your behalf. Your Agent should be someone you can trust and will carry out your wishes exactly the way you would like. Learn here the different types of agents everyone must have.