You feel blessed and lucky with the birth of your daughter. You almost never expected this day would ever arrive, especially at your age. You are in your late 40s and know that you will have to live a long, long time to experience the many milestones in your...
Experienced Attorneys Who Will Fight For You
Year: 2021
Overlooked assets in estate planning
In tallying your estate along with its assets, you make sure to do a thorough inventory. You want to be precise in knowing what you have and in determining what your beneficiaries will get. However, some people, including you, may not be as thorough as they think....
What if an executor or trustee abuses their power?
After a person dies, the person appointed as their estate administrator will be responsible for managing and distributing their property and assets. The administrator of a will is called an executor, and the one for a trust is called a trustee. Both of them have to...
The parallel lines of asset planning and estate planning
A crucial and, sometimes, overlooked aspect of estate planning includes asset protection. With an estate plan, you know that you have long wanted to protect your assets after your death. You must understand that you can do the same while you are alive, too. An...
Some reasons why estate litigation occurs
On the surface, the siblings got along. However, underneath that façade, things often reached just below the boiling point. But upon the death of their mother, the boiling point is reached. The outcome of her estate is in question, and the siblings resort to fighting...
The important traits you want in an executor
When choosing an executor to your will, you want someone who is level-headed, available and just -- if not more -- financially savvy than you are. These are just some of the important qualities. Others that stand out are reliability and trustworthiness. You want the...
How can business owners benefit from a Nevada Asset Protection Trust?
Debts, claims for damages from your employees and consumer protection issues can reduce your small-business assets significantly. You never know when your assets could be in danger, which is why you should take measures to protect them from creditors. One way to do...
When you can no longer trust a trustee …
As the beneficiary of a trust, you are grateful to your loved one who had the foresight to create this important estate-planning tool. As a result, you and other beneficiaries may have access to significant assets for the rest of your lives. That will happen, though,...
If a business break-up looms, consider certain factors
A business break-up does not have to be messy. However, sometimes, it is. Many businesses were forced to adjust during the COVID-19 pandemic, closing for weeks, furloughing workers and having a generally difficult time trying to survive. During the difficult past 15...
Who can legally challenge a will, and when can it be contested?
It’s not a casual endeavor. That is a preliminary point prominently underscored by many commentators addressing challenges to a will during the probate process. “Not everyone can challenge a will,” notes one in-depth analysis of will contests. If the bar for doing so...