Can I Revoke a Power of Attorney?
Cindy, a widow in her early 60s, was undergoing physical therapy for an injury to her foot, making it difficult for her to get around. In addition, she was suffering depression brought on by the immobility and pain, resulting in her neglecting to pay bills and taking care of other financial affairs.
What are Trustee Fees?
When creating an estate plan, it may be necessary to name a trustee to handle your assets.
Why Everyone Needs an Estate Plan
First, let’s debunk the myth that an estate plan needs to be both elaborate and expensive.
What’s the Best Way to Go with Intrafamily Loans?
As parents, we often want to help our adult children who need a financial boost. Many times, this assistance comes in the form of a loan.
Federal Estate Tax Exemption Sunset Is Not Far Off
Maybe not tomorrow, but the sunset of our historically high estate tax exemptions is coming—and with the election on its way, it could be sooner than you think.
Can You Distribute Unequal Amounts in an Estate Plan?
For most of us, considering the distribution of the property we have accumulated over our lives is a painful reminder of our mortality.
Can a Power of Attorney Protect My Assets as I Get Older?
Many people focus on only protecting their estate from probate. However, in the big picture, probate is the least of their worries.
How Important Is Estate Planning in the Pandemic?
Planning for unfortunate events is particularly critical in the era of Covid-19.
Dividing Pablo Picasso’s Estate, a Disaster
When Pablo Picasso died in 1973 at the age of 91, he left behind about 45,000 works of art – so many that it would take the entire Empire State Building to display them all at the same time – and yet he didn’t leave a will.
What’s Involved in the Probate Process?
The probate process refers to court proceedings that you have to go through when a loved one passes on, and they have left an asset in their name.
