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Estate Planning Legal Articles
Legal articles on Lawyer.com, Written by legal experts, are a great resource for learning more about Estate Planning. Find more legal articles
The public's perception of what a notary does and what notarization accomplishes is often incorrect. This is particularly the case when a person brings a document to a notary public to be notarized, thinking that the notarization will in some way "legalize" the document or make it "official." Learn more here.
Did you know that in many instances, it is even more important that a single person have a well-coordinated estate plan, than a married couple. This is because the default laws governing estates often work poorly for people without a spouse and may not adequately provide for a significant other or unmarried partner. Having a cohesive and well-drafted estate plan will ensure that you protect and provide for those you truly care about upon your death. Learn more here.
There are two types of guardianships: a guardianship of the person and a guardianship of the property (also known as a guardianship of the estate or a conservatorship). A guardian of the person is responsible for the ward’s physical safety and well-being. A guardian of the property is responsible for the ward’s money and assets. Learn more here.
This is an estate planning strategy I employ for my clients that helps them receive government benefits when they have a higher income. This type of trust allows certain people to be able to qualify for government benefits, such as nursing homes benefits. Learn more here.
Apart from the day-to-day challenges, blended face additional hurdles when addressing their estate planning. It is estimated that more than half of U.S. families are remarried or re-coupled. If you are in this category and raising a blended family like I am, here are six pointers for protecting your family and your assets.
There are people who think that when they die while married, that everything they own will automatically go to their spouse or children. What may be the case is that they are thinking of state rules that apply if someone dies without leaving a will. In legal terms, this is referred to as “intestate.” Here are some situations of how the laws can fail many common family situations.
While most truly wealthy professionals & business owners make high incomes, it’s how they mold a protective shield around their money that makes and keeps them firmly in their category. They have found a way to mold the clay they were given, become rich and stayed that way as a result of the shields of protection built into their estates. Learn more here.