The period following the death of a loved one is an emotional time. Dealing with the death and receiving an inheritance brings mixed emotions. The loss of a loved one is sad but the influx of funds can bring joy or relief. It can be hard to think and plan objectively. After receiving an inheritance, […]
When creating a special needs trust (SNT) for a loved one with a disability, the grantor (the individual creating and funding the trust) typically becomes the trustee. However, it is crucial to choose a successor trustee who will continue properly managing the SNT to benefit the special needs individual. When selecting a reliable, honest, and
Getting a divorce is seldom an easy process. It is emotional and stressful. There are many factors to consider that may also change over time. For younger couples, children are likely a top concern. For older couples, a long-term home, inherited assets, retirement plans, trusts, and estate plans may be significant concerns. Here are some
Should Each Child Receive the Same Inheritance? There are many situations in which equal division of assets among children is the obvious and right choice. Yet, in some families, each child receiving the same inheritance can be inappropriate, deplete the estate’s assets due to ensuing litigation, or cause other family issues after you are gone.
When people, or family members, become quite elderly or ill, they also become susceptible to manipulation from those who will defraud or steal. Targeted attacks on vulnerable older people to exert what attorneys deem “undue influence” constitutes elder abuse. It disrupts the older persons’ impulse to provide for loved ones and instead leaves assets to
Estate Planning and Undue Influence Over a Will-maker Read More »