Mistakes with Beneficiary Designations?
August 11, 2022
Here are five critical mistakes to avoid when dealing with your beneficiary designations.
Downs Law Firm, P.C.
Probate Attorney
Do I Need a Spendthrift Trust?
August 1, 2022
A spendthrift trust allows you to leave funds to a beneficiary without giving them full control over those funds.
College Student Legal Documents
June 16, 2022
Incapacity can occur because of illness or an accident. It can be temporary or permanent. That’s why every adult needs a power of attorney in place, once they turn eighteen.
Too Old to Divorce?
June 1, 2022
“Gray divorce” — the unfortunately named term for divorce after age 50 — is increasing among baby boomers.
How Should You Review Your Will?
May 5, 2022
Here are some important parts of your estate plan that should be reviewed.
Avoid Password Problems After Death
January 12, 2022
Creating a list of digital accounts and instructions on how to gain access to them is now akin to having a traditional will or a trust in estate planning.
Death of Prince’s Brother Impacts His Estate
October 5, 2021
John R. Nelson was Prince’s brother and oldest brother. He was born in 1944.
What’s a Common Pot Trust?
September 29, 2021
A pot trust is a type of trust that lists children as beneficiaries, with the trustee using his or her discretion as to how trust assets should be spent. If you have minor children, you might consider setting up a pot trust to meet their financial needs, if something should happen to you. This type of trust allows you to create a single pool of assets to be used for the benefit of multiple children.
Should I agree to Be an Executor of an Estate?
September 22, 2021
Usually when asked to be the executor of a family member’s estate, the person feels honored and trusted. It’s a big responsibility, since the executor will be carrying out a person’s final wishes.
What Does ‘Per Stirpes’ in a Will Mean?
April 23, 2021
Per stirpes in a will means that a deceased’s child’s share will pass to the deceased’s child’s children in equal shares, if any.
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