What Should I Look for in a Trustee?
Do not put off finalizing and signing your estate planning documents, just because you have reached an impasse on who to name as trustee.
Do not put off finalizing and signing your estate planning documents, just because you have reached an impasse on who to name as trustee.
The state will most likely be happy to do it for you after you die. If you do not have a will or an estate
News that Detroit real estate billionaire and Cleveland Cavaliers owner Dan Gilbert suffered a stroke over the weekend, has raised interest in his succession plans for his many business interests.
Your estate plan isn’t finished just because your attorney has drawn up a will. Proper asset titling is the next step.
Here are a few things to avoid on your way to an appointment with a qualified estate planning attorney to discuss your own estate plan, and a couple of others to keep in mind once you get there.
Trusts fall into one of two main categories. The first category is composed of those that are established while the grantor (one who establishes the trust) is alive and are termed inter vivos (while living) trusts.
Dealing with the death of a parent is challenging but selling their home can be fraught with land mines, particularly if they die without a will.
There are plenty of aging parents out there making life difficult for their adult children…
You may have a will or a full estate plan that was prepared by an attorney in another state, or perhaps you haven’t yet taken the important step of planning your estate.
Parents are often more than happy to offer financial advice to their children. They like to feel needed and want to make sure you’re on solid financial ground. However, it’s important to turn the tables and ask about their financial plans, too.