Avoid the estate planning mistakes of Aretha Franklin and Prince, advises Richard Eisenberg, writing in Forbes.com. Both these one-time blockbuster music stars died without a will or trust, Eisenberg notes, and, he warns, “Following in their footsteps could mean your...
“Talk to your clients about how they want their online life handled after their death, Philip Herzberg, CFP® and attorney Michael Dribin advise financial planning practitioners. Digital assets may include: photo files images videos email accounts social media such as...
“Wills are serious business. They are supposed to spell out how one would like their assets distributed after their death. But in some cases they are used to send messages – or settle scores – from beyond the grave,” says Yagana Shah in the Huffington Post. Under a...
While there’s little doubt that a will is one of the basic building blocks in an estate plan, few people are aware that “last wills and testaments” come in more than one form. “The will that most people think of, called a simple will, is a legal documents that...
“Once you place property in one of the following forms of ownership, listing that property in your will has no effect,” Denis Clifford explains in Plan Your Estate. Clifford is referring to: Living trust Joint tenancy property Pay-on-death bank accounts Life insurance...
What can be done if someone in possession of a will refuses to file it with probate court? A named executor or an heir may ask the court to order the individual in possession of the will to produce it for the court. There are at least three very bad things that can...
According to Alexander A Bove, Jr., author of The Complete Book of Wills, Estates, & Trusts, “Wills are almost universally regarded as a sort of permanent memorial, a person’s final statement to the world…” Bove reminds us, though, that creating a will that is...
Like everything else, estate planning evolves over time, and keeping up with the changes – in both the law and in the way people think about estate planning - is a big part of what we do at Geyer Legal Group, PC. We were very interested in the article written...
