Estate planning is a very important process that each person should invest in. Unfortunately, some people don’t bother having an estate plan in place. According to The Wealth Advisor, 49% of individuals in the United States don’t believe their belongings are worth enough to worry about estate planning. If it so happens that someone passes away without a will, their …
There are some misconceptions about who should hire an estate attorney. According to NOLO, about 49% of people that responded to a recent survey said they didn’t believe they have enough assets to hire an estate attorney or worry about planning their estate. The idea that a minimum number of assets is needed to hire an estate attorney is wrong. Let’s …
Britney Spears’ Nightmare Since the age of 16, when she burst onto the charts with her debut single, “…Hit Me Baby One More Time,” Britney Spears has been one of the world’s most famous and beloved pop stars. Yet despite her massive fame and fortune, Britney, who is now 39, has never truly had full control over her own life. …
Creating a will and testament is the ideal way to ensure your final wishes are respected after your death. According to Gallup, 76% of individuals who are 65 years old have a will. However, more people are beginning to make wills at a younger age. Here are circumstances where you should hire an estate attorney to help you create a will. Complex …
Larry King’s Learnings- Part 1 Legendary TV and radio host, Larry King, died at Cedars-Sinai Medical Center in Los Angeles on January 23rd, 2021, at age 87. Larry was hospitalized in December due to COVID-19, but he’d recently been moved from the ICU to a regular hospital room after recovering from the virus. However, the famed broadcaster suffered from a …
Many people believe that only the wealthy or the elderly should worry about wills and estate planning. This belief couldn’t be further from the truth. According to Caring.com’s 2023 Wills and Estate Planning Study, one out of three people said that COVID caused them to see a greater need for an estate plan, but 31% of those who saw a …
When it comes to estate planning, there are many things to think about. One of the most important things is making sure you have an attorney you can trust who can help guide you through the process. Here are five questions to ask an estate attorney before hiring them. 1. How Much Experience Do You Have With Estate Planning? You want an …
Estate planning—it is an incredibly important tool, not just for the uber wealthy or those thinking about retirement. On the contrary, estate planning is something every adult should do. Estate planning can help you accomplish any number of goals, including appointing guardians for minor children, choosing healthcare agents to make decisions for you should you become ill, minimizing taxes so …
Real estate encompasses not only one’s primary residence but also other real estate such as a vacation home or a rental property. The ideal form of ownership varies depending on the type of real estate you own. Below, we take a look at the different types of real estate and offer advice about the best form of ownership for each. …
Q & A Questions ______________________________________________________________________________ Q: If I die with no estate plan at all, what happens to my property? -No Plan Stan ______________________________________________________________________________ A: Dear No Plan Stan: If you die without an estate plan, your assets pass to your surviving family members according to your state’s intestate succession laws. Laws vary by state and depend largely on whether you were …
