Your heirs, including minor and adult children, may not see eye to eye on family circumstances, particularly regarding inheriting your estate. Relationships can change and intensify when you die, with underlying issues that bubble to the surface, creating tensions over your estate and possibly tearing your family apart. Even if your children get along well, […]
Structure Your Estate Plan to Minimize Conflict Among Heirs Read More »
What comes to mind when you hear the words estate planning? You are not alone if you think of older people with many assets. It is a common misconception that estate planning is only something done by people who are old or rich or both. Estate planning is for everyone, and the earlier in life
Estate Planning is for Everyone, No Matter Your Age Read More »
Sibling rivalry. There is no getting around it in most families. Depending on your particular family members and the dynamic between them, old rivalries from the past can become more significant when a parent passes. Adult children who are emotionally upset and in the unfamiliar territory of an inheritance process can invent new problems or
How to Avoid or Resolve Estate Battles Between Siblings Read More »
The COVID-19 pandemic has increased awareness in the US about the need to have a will and perhaps a living trust more than ever. Still, this knowledge is not translating into estate planning action. No matter your age or asset level, having a will is beneficial. According to a recent survey, nearly 33 percent of
What to Do if a Family Member Dies Without a Will Read More »
When comparing aspects of estate planning and elder law, the two have different functions with some overlap, yet both are equally vital to protect yourself and your family. The two terms tend to go hand in hand, but there are some differences. The biggest difference is that elder law planning helps a person during their