Having an estate plan is so important because anything can happen, but exactly how do you go about preparing an estate plan? Well, it's not all that different than getting ready for a vacation. When you’re planning for a vacation, you make sure you have all your essentials packed. Your clothes, your toiletries, your electronics [...]
On occasion, we tend to forget where we've placed things. It could be losing track of where you placed the car keys inside the house, or your wallet. Believe it or not, a will can also be misplaced, despite the importance of the document. It may not be the result of forgetting where it was. [...]
Reading of the will, a moment in probate that is over dramatized. We see it often in the theater or on television where there's this big, revealing scene. The beneficiary walks into a swanky office of a high profile lawyer. Joining you are other beneficiaries who are also scheduled to learn of what they've inherited. [...]
It's around this time of the year when we receive phone calls from parents. Generally, it's usually the children who come to us and talk about estate planning for their parent(s).This time however, it's the parents who are coming to us to inquire about estate planning for their children. Why? Because their children are leaving [...]
Understanding how to probate can be difficult. It's by design, but it's also done to make sure everything is taken into account. The process is long and arduous, with many forms to be filled, appearances in court that need to be made, and that's just the tip of the iceberg that is this process. But, [...]
For our generation, estate planning is often the last thing on our minds. Many millennials are struggling to make ends meet, overwhelmed by student loans and trying to get their finances in order. However, a proper estate plan can provide financial security for your loved ones and carry out your wishes following your death or [...]
A will is a record of an individual's assets and where and whom they are distributed to. Over time, our society has adopted more interpretations of wills. There's oral wills, written wills, holographic wills and more. There was even a story of a man writing his will on a tractor that crushed and killed [...]
Surprises are indeed, surprising. They come out of nowhere and when you don't expect it. Sometimes it can be a good surprise, such as a surprise birthday party or surprise baby announcement. Other times, it can be neither good or bad, such as a surprise test or a surprise baby announcement. When it comes to [...]
It's always been understood that with a joint bank account, both co-owners (joint tenants) have equal access to the funds within that account. However, there are times when one of the co-owner takes action that presents ramifications for the other co-owner. Sometimes, there are instances when the co-owner taking the money does so without respectfully [...]
In the late 90s, there was an animated series on Cartoon Network called Ed, Edd n' Eddy. The show was about three boys who tried to get their tongues on jawbreakers by tricking, scamming and scheming their fellow peers in the neighborhood. Almost all of the time, their tricks, schemes, and scams backfired. However that's [...]
