If you have a minor child that depends on you, you need an estate plan. Who will care for your child if you're unable to? And how will your child be financially supported? An estate plan allows you to address these concerns surrounding your child's care and custody. You can also provide instructions about how your money and property should be used for their benefit.
Don't let the unexpected ruin your well-deserved vacation. Review your estate plan, appoint a financial manager, review insurance coverage, and make plans for minor children.
If you want to provide your loved one with an inheritance, while protecting them from estate tax and asset protection risks, a beneficiary-controlled trust may be right for you.
An LLC is a great vehicle for asset protection and probate avoidance. To ensure that you can take full advantage of the benefits associated with an LLC, it's critical that you follow the rules.
Usually, revoking a will is a purposeful act. But many states have laws that automatically revoke a will, or portions of it, in specific situations.
When you retire, it's important to update your will to reflect your new lifestyle. With the help of an experienced estate planning attorney, you can create a comprehensive plan that protects you and your loved ones.
Changes in family dynamics, major changes in assets or income, and tax law changes may all cause you to review your estate plan. You should update at least once every 5 years.
A trustee's work can be time-consuming and complicated. So, many people choose to hire a professional fiduciary to be their trustee. Sometimes this is a bank, a professional trust company, or an estate attorney. When looking to hire a professional to serve as your trustee, the following are several questions to keep in mind.
If your spinal cord stimulator was defective and had to be surgically removed, you may seek compensation from the manufacturer. Here are a few things you can do to help your case.
Aaron’s passing was one of the more tragic celebrity deaths of 2022. It's also one of the messiest from a legal perspective. The late singer died unmarried and without a will, raising questions about the value of his estate, what will become of his remaining fortune, and who will provide care for his young child.