“Lest you think that people who die are boring….think again,” says Dawn Markowitz in Trusts & Estates. Markowitz cites a few individuals who were “quite creative in their wishes and bequests, to say the least.” Aaron Collins of Kentucky died at age 30, leaving a...
“The easiest estates to settle are those that are well-planned during the lifetime of the deceased,” Alexander Bove, Jr. reminds readers in The Complete Book of Wills, Estates and Trusts. If your estate plan is properly prepared, he adds, your will is going to make up...
“One of the most common misconceptions about executors is the extent of their power in administering an estate,” Alexander Bove, Jr. observes in The Complete Book of Wills, Estates and Trusts. That story about the practically new Cadillac sold by the widow executrix...
“After all debts, expenses, and taxes are paid, and the final account has been approved, the beneficiaries can finally get their shares, although this does not usually happen as quickly as the beneficiaries would like,” explains Alexander Bove, Jr. in The Complete...
“Many people, when they think about estate planning, think it’s a way of giving away their stuff,” says Deborah Jacobs, author of Estate Planning Smarts. There are some aspects of estate planning, though, that have nothing to do with stuff, she explains. In fact,...
Remember the 50’s song “Only You”? Well, in the estate planning process, there are certain steps that onlyyou can take care of, as we often remind clients of Geyer & Associates. Only you, for example, can create a complete list of everything you own. In fact, as...
“Make two lists: your assets and the people you would like to own these assets one day,” advise the authors of The Beneficiary Book. That may not be as easy as it sounds, they caution. “In many cases, the hardest part about estate planning is taking inventory of your...
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...
