Pet trusts have become an increasingly popular way for pet owner’s to make sure that their pets are taken care after the owner passes away. As with other types of trusts, they too can lead to disputes as a New York case illustrates. When Patricia Bowers passed away in 2010, the care of her dog, [...]
A new survey of elderly patients reveals that for many of them death is preferable to living under certain conditions. Medicine has traditionally been focused on trying to keep patients alive, with the notion being that dying is the worst thing that can happen to someone. However, it has always been known that not everyone [...]
If you have avoided getting an estate plan and are now facing the prospect of death, it might not be too late for you to get an estate plan that protects the interests of your family. Ideally, you should get an estate plan long before you become terminally ill. However, not everyone really thinks about [...]
If you own a ranch, then having an estate plan is essential to making sure that it stays in your family. Getting a plan does not have to be as complicated as you might think it is. Some of the most important legal documents a rancher can have are the documents that make up the [...]
You might think that you do not really need an estate plan so there is no point in spending money to get a proper one drawn up. However, that just means that your estate will have to pay more later to do the planning that you did not do. Estate planning is never free. If [...]
If you do not have an estate plan or have a bad plan, then it is likely that your loved ones will have a more difficult time than necessary inheriting your wealth. Fortunately, for most people getting a good estate plan is easier than they often think. One of the many reasons people put off [...]
Some of the mystery about what will happen to Prince’s property has begun to clear up as his estate has asked for permission to sell some of his real estate holdings. It has been estimated that the total estate tax bill that Prince’s estate will have to pay will be in the neighborhood of $150 [...]
Everyone needs an estate plan, and every estate plan will contain a mix of different documents depending on the complexity of the estate assets and individual preferences. However, there are a few documents that everyone needs. Estate plans come in all shapes and sizes. Some are extraordinarily complex and contain thousands of pages of legal [...]
Adults who have never been married and who do not have children often think that they do not need estate plans, especially if they are not wealthy. However, estate planning is for everyone, and even lifelong singles can benefit from having an estate plan. A common misconception is that if you are a single adult [...]
Like any other business owner, farmers need to carefully plan how the farm will be passed on to heirs. However, farmers do have some unique estate planning issues to consider. In the eyes of the law, a farm is just a type of business. Like any other business, it can be passed to other people [...]