How Do Children Divide Mom’s Tangible Property?

July 14, 2020

One of the biggest challenges for anyone administering an estate is how to distribute what are called its tangible items. Unlike other property which can be easily sold, turned into cash and divided equally, tangible property is unique and often can’t be equally split. Its value also often can’t be measured by what it could be sold for. A family photo album may have no monetary value, for instance, but great sentimental significance.

Why was Widow of Henry Ford II in a Fight over the Estate?

July 8, 2020

The heirs to Henry Ford II – the eldest grandson of legendary Henry Ford – filed a legal challenge against their late patriarch’s attorney, Frank Chopin, who is now the champion of Ford’s widow, Kathleen DuRoss Ford, 80.

Steps to Take When a Loved One Dies

May 29, 2020

When a member of your family dies, you could be left to pick up the financial pieces. Finding all the information you need can be challenging.

5 Tips To Be A Good Caregiver

May 4, 2020

Not everyone can afford to hire an in-home nurse or professional caregiver. Today, there are around 45.3 million unpaid, non-professional caregivers in the United States taking care of a loved one.

Guardianship for Grandson of Walt Disney?

April 27, 2020

Bradford Lund tries to prove he is mentally capable of managing his affairs but is trapped in a probate system susceptible to predators.

Aretha Franklin’s Executor Resigns

March 31, 2020

Aretha Franklin’s niece, Sabrina Owens, has resigned as executor of the late soul singer’s estate amid mounting family tensions, the Detroit Free Press reports.

How Do You Contest a Will?

February 13, 2020

Contesting a will simply means that you formally object to the terms and validity of the will.

You Can Protect Pets with a Pet Trust

November 4, 2019

For most people, pets aren’t just animals–they’re the excited ‘hello’ when we get home from a long day of work, our jogging partners, our best friends, and part of the family.

Two-Thirds of Americans Have No Estate Planning

October 17, 2019

Seventy-seven percent of respondents in a recent survey said estate and legacy strategies were important for everyone, not just wealthy individuals, yet only 24% said they had taken the basic step of designating beneficiaries for all of their accounts.

What About Creditor Claims Against Jeffrey Epstein’s Estate?

September 30, 2019

Generally, when settling an estate, debts and expenses are paid first, charitable and spousal transfers follow, and applicable estate taxes are levied afterward.

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