How Does a Successor Trustee Get Authority?
September 4, 2019
In my parents’ trust, they leave each other their share upon death, and then I become trustee when my last parent dies. I’m really concerned about this whole deal.
Downs Law Firm, P.C.
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What Debts Must Be Paid in a Probate?
August 19, 2019
When a loved one dies leaving property, debts and a mortgage, and if he did not have a living trust, probate is required to sort everything out.
When Is the Best Time to Disinherit a Child?
August 12, 2019
I have a sister, who I have not seen or heard from in 40 years, when she said she hated all of us and never wanted anything to do with us again. She even gave up her 5-year-old son for strangers to adopt and would not let my parents adopt him.
Starting Conversations about Finances and Wills with Your Parents
August 7, 2019
Parents are often more than happy to offer financial advice to their children. They like to feel needed and want to make sure their children are on solid financial ground. However, it’s important to turn the tables and ask about their financial plans, too.
Should Mom Deed Me the House?
July 30, 2019
There are many questions that come with inheriting a piece of real estate. Do you want to live in it? Do you want to sell it? Do you have to split the property with another heir?
Will Contests- What are Caveat Proceeding
July 26, 2019
If a person makes a Will when he does not have the mental capacity to make a Will or when he is so dominated by another that he can’t make the Will that he wants to make, a Will contest often results.
Good Stewardship Requires Estate Planning
July 22, 2019
Planning is a part of our daily lives. We plan menus for the day or week; we plan vacations; we plan meetings; and the list goes on.
Do Your Kids Spend Too Much Money Too Fast?
July 15, 2019
Should an inheritance be spent on sports cars and jewelry?
Stretch IRA May be Disappearing Soon
July 10, 2019
If Congress gets its way, you’re going to lose the opportunity to help your children build wealth, and at the same time, they could end up in higher tax brackets for years.
Retirement Minimum Distribution (RMDs) Fundamentals
July 8, 2019
Once your money is in a retirement account, it’s there until you’re ready to use it, right? Not exactly.
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