People in a variety of circumstances use trusts to establish a personal legacy. Parents with multiple children might create trusts in the hopes of preventing their offspring from fighting over their assets after they die, for example. A trustee typically needs to...
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Year: 2024
Using a letter of instruction in estate settlements
As the country’s population ages, many families are newly grappling with the legal complexities of estate planning. Clear communication regarding inheritance and asset distribution is, therefore, paramount. A letter of instruction is an important yet often overlooked...
What should you know about contesting a will?
Losing a loved one is a traumatic experience for anyone, and it’s also sometimes the start of an estate plan nightmare. This may be the case when your loved one’s will indicates signs that there was undue influence or some other significant issue present when this...
Can parents disinherit certain children for the benefit of others?
The death of a parent can be a real tragedy even if they lived a long, meaningful life. Whether someone dies suddenly due to a coronary event after a protracted illness, their children may experience a broad range of emotional responses. Denial and depression are...