Readers may not realize that wills and trusts are not mutually exclusive estate planning documents. To the contrary, an attorney that focuses on estate planning knows that making a will can be a good idea even for individuals that have a revocable living...
Your Lawyers For Life
Month: April 2014
Intestacy claim illustrates a danger of drafting wills online
One size may not fit all, at least when it comes to pre-printed legal forms. Unfortunately, the heirs in today’s story learned this lesson the hard way.Specifically, two heirs claimed that the distribution of property not specifically addressed by their aunt...
Advance estate planning is the wisest approach
In the age of the Internet, it should not surprise readers to learn that several websites are available to help individuals with end-of-life planning. According to one reviewer, the approach taken by such sites is analogous to how one might plan for other big events,...
Reverse mortgage terms may come as a nasty surprise to heirs
One purpose of estate law is to help individuals define how their assets will be distributed upon their death. Taking time to do things right may avoid the nasty surprise facing some beneficiaries of a home that is subject to a reverse mortgage.Notably, only elders 62...