Confused about the differences between wills and trusts? If so, you’re not alone. While it’s always wise to contact experts like us, it’s also important to understand the basics. Here’s a quick and simple reference guide: What Revocable Living Trusts Can Do – That Wills Can’t Avoid a conservatorship and guardianship. A revocable living trust [...]
One of the first things that people have to decide when they start thinking about estate plans is whether they want to use a will or a trust. Both have their advantages. If you start asking your friends and family or look on the Internet for estate planning advice, then you are likely to receive [...]
Parents with small children want nothing more than to make sure their children are taken care of no matter what happens. A will is an essential document to do that. There is something about bringing a new life into the world that changes most people. A new child causes most of us to change from [...]
Some states require that an original will be submitted to probate or restrict the circumstances when a copy can be produced instead. What happens when the original will has been lost? It is always a good idea to keep the original copy of your will safe and secure. In some states the original has to [...]
The term "simple will" is often used to describe a certain standard type of will that many people get. Before getting one for yourself, you need to understand what it means. Estate planning attorneys are used to clients saying they just need to get a simple will. Many people are told by others, long before [...]
Some people today suggest that not everyone needs a will because of the many other methods of transferring assets. However, everyone would benefit by at least having a simple will. There are many different ways to transfer assets after you pass away. You can create all sorts of different trusts. You can title property as [...]
For the third time a disgraced Catholic order, the Legion of Christ, has been sued over the will of a Rhode Island woman who passed away in 2008. Rhode Island resident Gabrielle Mee was very wealthy and a very devout Catholic. It is clear that she wanted to leave at least part of her estate [...]
A recent surge in the number of Americans creating wills can be attributed to the death of entertainer Prince. However, it appears that many people might be looking in the wrong place to get those wills. Rock star Prince passed away unexpectedly without a will. That has already caused many problems for his estate and [...]
A satirical website should not be the first place you go to learn how to make a will. However, if you do happen to go to the Onion, you might find that their advice is not actually all that bad. The satirical magazine and website The Onion is best known to non-readers as a place [...]
All indications are that Prince passed away without an estate plan. That mistake will be very costly for his estate. It is still possible that an estate plan for the late musician Prince might be found, although it is unlikely as friends and family do not know of one's existence. In the absence of an [...]