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Consider the Options for Leaving a Legacy

Posted by Nina Whitehurst | May 24, 2018 | 0 Comments

Flexibility can lead to the creation of a better legacy than anticipated. When people go to an estate planning attorney, they sometimes already have a good idea regarding what they want to accomplish with their estate plans. That is often a good thing.

Scammers Can Focus on ‘Inheritance’

Posted by Nina Whitehurst | May 18, 2018 | 0 Comments

People do inherit from a long, lost relative.  However, it isn't all that often. If you should inherit money from a long, lost relative, someone administering the estate will contact heirs and let you know. This always comes as a very welcome surprise for the heirs.

Life and Business Change? Revisit Your Plan!

Posted by Nina Whitehurst | May 15, 2018 | 0 Comments

If it is not updated, your plan may well become a bad plan. It doesn't matter if it is life or your business that changes when it comes to estate planning. When key parts of your life change, the environment needs a fresh look, according to the Herald News in "Revisiting Your Plan."

Joint Tenancy with Child Can Go Very Badly

Posted by Nina Whitehurst | May 04, 2018 | 0 Comments

Sharing ownership of your home with your child to avoid probate, is still a bad idea. Joint tenancy of your home with your child quickly becomes a bad idea, when the child has a creditor who can attach the home to pay off the child's debts, according to the Napa Valley Register...

Leftovers from Estate Sale are Not Free

Posted by Nina Whitehurst | May 03, 2018 | 0 Comments

An estate sale is a good way to get rid of unwanted items.  However, sometimes things end up badly. Colorado police filed a report about an estate sale that went badly but the case was dropped for lack of suspects, according to Fox News in "Colorado house ransacked after estate sale mix-up...

No Children? You Still Need an Estate Plan

Posted by Nina Whitehurst | Apr 24, 2018 | 0 Comments

Creating a plan for distribution of assets is practical. If you do not have children, it isn't possible to follow the standard practice of caring for your spouse and your offspring when considering an estate plan. Exploring the options when childless, requires a bit more thinking, according ...

Recognizing the Reality of Death

Posted by Nina Whitehurst | Apr 23, 2018 | 0 Comments

Avoiding the thought of death is relatively standard in humans.  However, it may not be the right course. We do not generally dwell on the thought of death, we avoid making estate plans and we are often not prepared for the reality of death when it happens, according to The New York Times...

You Have Minor Children? You Need an Estate Plan

Posted by Nina Whitehurst | Apr 06, 2018 | 0 Comments

It is not the wealthy singles who are most in need of an estate plan. Most people think protecting their children is more important than money. That's why parents with minor children have more reasons to plan their estates than wealthy single people, according to Volume One in "When There's ...

Choosing Your Child as Executor Can Create a Problem

Posted by Nina Whitehurst | Mar 29, 2018 | 0 Comments

Being an executor is not an easy job and can be quite stressful. Many people trust one of their own children above all other potential candidates for the responsibilities when considering an executor.  However, it is not always a good idea, according to Texas Lawyer in "Mamas, Don't Let Your...

Avoiding Probate When It Comes to Real Estate

Posted by Nina Whitehurst | Mar 28, 2018 | 0 Comments

The distribution of real estate can be a good deal or a bad deal. One way to avoid real estate going through probate is to put someone else's name on the ownership of the asset.  However, that almost always comes out badly, according to the Daily Republic in "All Things Real Estate: Living trust...

What Is the Best Way to Treat Children Equally?

Posted by Nina Whitehurst | Mar 16, 2018 | 0 Comments

A challenge can be created when one child is responsible, and others aren't. Varying degrees of financial responsibility by children can be a challenge to creating an estate plan, according to Market Watch in "My son is responsible, my daughter is in debt -- how do I split my estate?"

Fight over James Brown's Estate Fight Goes On

Posted by Nina Whitehurst | Mar 08, 2018 | 0 Comments

Eleven years after his death, the singer's estate remains unsettled. Soul singer James Brown passed away in 2006, leaving millions to poor children in Georgia and South Carolina.  However, none of the money has been given to the children because the estate is bogged down in numerous lawsuits...

Blended Families Can Be Estate Planning Challenge

Posted by Nina Whitehurst | Mar 05, 2018 | 0 Comments

Can you trust them? If you wonder, then you probably already have the answer. Multiple relationships and fewer bonds can often lead to some challenges, when it comes to settling an estate, according to the Financial Times recently in an advice column "Should I trust my wife to divide my assets fairly...

Leaving Assets to Minors Is Different than Adults

Posted by Nina Whitehurst | Mar 01, 2018 | 0 Comments

Protecting assets for your minor heirs can be a challenge. If you plan on leaving assets to minors, you can leave it to the courts to decide on the best person to handle the funds or you can do it yourself through an estate plan, according to the Times Herald-Record in, "Proper legal planning...

An Estate Plan Does Not Have to Be Complicated

Posted by Nina Whitehurst | Feb 20, 2018 | 0 Comments

Once you take the first couple of steps, if often becomes an easy process. You may only need a few documents to get your estate plan underway but people often delay because of the concern of complications, according to Forbes in "More Than Half of Americans Don't Have These Essential Estate ...

Estate Planning around Family Trust Issues

Posted by Nina Whitehurst | Feb 02, 2018 | 0 Comments

What should be done ahead of time, if family members do not get along? The issue of blended families and dealing with trust issues while estate planning, was recently discussed in a Market Watch advice column titled "My mother-in-law is deceitful -- can we stop her from stealing my wife'...

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