A will should reflect the last wishes of its maker on how their estate should be handled after they are gone. But what if they were unduly influenced into creating the will through coercion or other overbearing tactics? In such a case, the court could declare the will...
Year: 2022
Who should you choose as power of attorney?
All adults should have an estate plan in place, but many don’t realize that they need to get their power of attorney designations handled right away. These designations give someone the legal ability to make decisions on your behalf if you become incapacitated. ...
Your estate does not have to go through probate
Probate is the court-controlled process a will goes through before distributing the estate to the beneficiaries. It serves to validate the will and ensure that it is executed as per the deceased's wishes. It sounds pretty straightforward, but there are several reasons...
The most common myths about estate planning
Unfortunately, estate planning is an area of the law that is often plagued by myths. You'll find you will many people repeat these myths if you ask them about their plan or if you find out that they simply haven't made an estate plan. To help you avoid the same...
Using a trust to pass on your values
You generally use your estate plan to pass on your assets. However, you may be able to use it to pass on your personal values and things that you find important. One way to do this is by using a trust. A trust is a financial device that allows you to set money aside,...
Is your estate plan going to ruin an heir’s benefits?
When you create your estate plan, you know you have an heir with a lot of special needs, and so you plan to leave the bulk of your assets to them. You believe that this is the best way that you can help them even after you're gone. However, one unintended consequence...