Year: 2019
Noncompliance with state law might lead to will contests
Choosing to go through litigation with a loved one's estate isn't an easy decision. For some people, the entire goal of the process is to ensure that the decedent's wishes are actually followed. One area that might come under scrutiny is the will.In order to be...
Choosing the best guardian for your children
One of the most important things that you have to decide as part of your estate planning, particularly if you are a single parent, is who will care for your children if you pass away. The person you choose will need to have the guardianship designation. This is a...
2 categories of debts that you might encounter in probate process
One of the main duties of an estate administrator is paying the debts of the estate. This is done with money in the estate since the bills shouldn't be passed down unless they are on something that is held jointly with someone else. There are a few things to know...
Powers of attorney are crucial estate plan components
Thinking about the end of your life on Earth isn't a pleasant thought for most people. One thing that you need to do is ensure that you have things set so that you can be cared for if you aren't able to make decisions on your own. You can handle this situation now by...
Service members should have an estate plan in place
Probate litigation matters can rip families apart
Probate litigation is a serious matter that can rip families apart. The issue is that everyone sees the litigious matter as something personal. This can make it difficult for them to think logically about it, which just makes things more difficult to resolve. We...
Small business owners need to have an estate plan
Many people focus on their personal assets when they are creating an estate plan. They don't realize that people who have family businesses, including farmers, should have a comprehensive estate plan that sets out what will happen to the business.One thing that no...
Mistakes in estate administration can be costly
The death of a loved one is likely going to have a at 5 impact on your emotions, but you can't forget that there are certain things that have to be done after the death. One of these is dealing with the estate of the person. In the estate plan, there should be an...
Make plans for your funeral but don’t put them in your will
Many decisions have to be made when you are going through the estate planning process. One aspect of this might not be one that is commonly considered when you are creating your will and setting up trusts. This is the funeral planning part of the process. You might...