There are two sides to consider when you think about the subject of last will challenges. The first thought that may come to mind is that some disgruntled party is unwilling to accept the final wishes of a deceased individual. To prevent successful challenges when you know that there could be those who are not happy with your decisions you should explain your concerns to your estate planning attorney. He or she will gain an understanding of the situation and take this into consideration when … [Read more...] about Challenging a Last Will
Wills
Obtain Our Report Examining DIY Last Wills
There are various options available to you when you are looking ahead toward the inevitable, and you really should not automatically assume that a last will is the best choice for you. However, many individuals make assumptions and they go forward without professional advice. As a result they sometimes choose courses of action that yield unintended negative consequences. You should certainly discuss your unique situation with a good estate planning lawyer before you decide on a last will as a … [Read more...] about Obtain Our Report Examining DIY Last Wills
Free New Jersey Estate Planning Report
When you actually look into the subject of estate planning you will find that it is more directly relevant your family's long-term interests than it may seem to be on the surface. There can be a great deal of money in the balance, and many people are simply not aware of the various ways that your assets can be eroded if you do not take the appropriate actions. We understand the fact that the typical layperson may not know where to find a comprehensive source of estate planning information. As … [Read more...] about Free New Jersey Estate Planning Report
Actor Hemsley Passes; Will Challenge Underway
We often hear about scenarios playing themselves out after the deaths of celebrities that are relevant to those who are interested in the field of estate planning. Along these lines a somewhat sad situation has emerged around the estate of the recently deceased actor Sherman Hemsley. There are few if any sitcom characters that have become etched into the public consciousness as firmly as that of George Jefferson. Sherman Hemsley brilliantly animated this character and initially presented it as … [Read more...] about Actor Hemsley Passes; Will Challenge Underway
Creating a Trust? You Still Need a Will
As you engage yourself in the process of estate planning in earnest you would do well to recognize the fact that there are choices that must be made with regard to vehicles of asset transfer. Depending on your resources, your intentions, and your family dynamic any number of different approaches may be appropriate. This can sometimes get complex for some individuals. However, the ideal solution exists regardless of your circumstances, and putting together the perfect packages for high net worth … [Read more...] about Creating a Trust? You Still Need a Will
Do-It-Yourself Estate Planning Examined By Experts
When you hear estate planning lawyers advise against do-it-yourself inheritance planning you may think that attorneys are obviously going to make this recommendation because their profession involves drawing up Last Wills, trusts, and the like. However, the actual truth is that attorneys are licensed and required to give sound advice. Do-it-yourself estate planning is not universally condoned because there are no guarantees that the documents will be drawn up correctly if you don't engage … [Read more...] about Do-It-Yourself Estate Planning Examined By Experts
Estate Administration Requires People Power
Depending on the specifics of your case the administration of your estate may require quite a bit of expertise. People who use a Last Will to direct asset transfers will have to appoint an executor to handle all the details, and they can be considerable. The executor must make sure that final debts are paid and this includes taxes. As a result he or she may have to engage the services of an accountant. Property liquidation may be necessary as well and this could require appraisers, realtors, … [Read more...] about Estate Administration Requires People Power
Shortcuts Can Lead To Nowhere
It is no secret that millions of dollars are essentially thrown away each year as people momentarily demonstrate lapses in judgment and make purchases based on sales pitches that sound too good to be true. This is something to be very much aware of when you come into contact with websites and advertisements concerning do-it-yourself estate planning notions. Technically you can state your final wishes in any number of ways. You can write out your will in your own handwriting and there are people … [Read more...] about Shortcuts Can Lead To Nowhere
Accounting For Those Remaining Assets
A lot of people choose to utilize revocable living trusts to arrange for the eventual transfer of their assets to their heirs. There are numerous advantages to doing so, and one of these would include the ability to include an incapacity component. If you were to become incapacitated at some point in time without making any advance preparations, interested parties could petition the court to appoint a guardian to act in your behalf. You may not have a choice with regard to who this individual … [Read more...] about Accounting For Those Remaining Assets
Writing Your Own Will
There are those who adopt a DIY approach to life and look for ways to economize by sidestepping the use of professionals and tradesmen when they can, but this is tricky business. The disclaimer "when they can" is operative here because there are some things that most people can indeed do on their own, and there are others that are best left to the experts. These days you see legal forms marketed on the Internet for just about every purpose, and "do-it-yourself" will kits are one of them. When … [Read more...] about Writing Your Own Will
