5 Questions to Ask when Hiring a Professional Trustee
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.
Sue for Spinal Cord Stimulator Defect
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.
What's Happening to Aaron Carter's Estate?
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.
Spousal Lifetime Access Trusts
A SLAT is a type of irrevocable trust created by one spouse (the trustmaker) for the benefit of the other spouse (the beneficiary). The trust is used to transfer money and property out of the trustmaker's estate. This strategy allows married couples to take advantage of their lifetime gift and estate tax exclusion amounts.
Legal Lessons We Can Learn from Knives Out
While Knives Out appealed to viewers because of its interesting characters and dramatic plot twists, the more mundane topic of estate planning is central to the movie. In Knives Out, there are several common estate planning issues that could trigger real-life family drama.
Why Do I Have to Open a Probate Estate?
We often think that if we're careful enough, and draft an estate plan, our estate won't have to go through probate when we die. But sometimes, the unexpected happens. Here are seven reasons why an estate might have to go through probate.
Jerry Lee Lewis's Estate Plan
Jerry Lee Lewis passed away in October 2022, leaving behind a large legacy and a multimillion-dollar estate. While celebrities may seem unrelatable to most, they face many of the same issues the rest of us do. For example, tax planning issues and estate planning worries. The passing of Jerry Lee Lewis has sparked thoughtful reflections on his life spent in the spotlight. Many are also wondering what will become of his fortune, and his estate.