Insights beyond estate planning and business law archives.
In this third blog post of our five-part series on the basics of estate planning, we’ll learn more about designing a clear path to success for your children with your estate plan --- who this planning involves, what it will accomplish, when and why we should be doing it in the first place, and how we can bring our plans to life.
You have worked hard for your money and carefully managed your assets. So it makes sense that you want to find the right balance to maximize control and protection of your assets upon your death. Even if you think you don’t, everyone has an estate and it is important to choose the proper planning mechanism to ensure your assets are distributed according to your wishes in an effective and efficient manner.
If you’ve been reading the blog lately, you might have noticed most of our articles so far have been about providing general information to you so you can plan smarter. But what about some specifics? In this article, we’ll dive into the nitty gritty and go over the very important role professional fiduciaries play in the estate planning process.
You've heard it before. You may have even heard it here. Or here. Estate planning is important. Fine. But, can’t I just do this all myself? Technically, yes, you can. However, and that's a big however, we believe the savings isn't worth the risk - it's like stepping over a dollar to save a penny; just doesn't make sense right?
Prince's lack of estate planning has led to many complex legal issues including determining the legendary musician's legal heirs. Resulting infighting between his legal heirs has resulted in issues ranging from appointment of an executor to suing a previously appointed executor for breach of fiduciary duties.
Aaron Hernandez' fall from NFL star to convicted murder came to a conclusion when he committed suicide in a Massachusetts prison on Wednesday morning. The timing of his death triggered the use of an archaic and rarely used legal principle that will essentially erase his conviction. This complicates any potential civil suit brought by his victim's estate as well as the distribution of his own estate.
