When you think about inheritance, you might imagine a large sum of money or some valuable property that someone hands down to grateful beneficiaries. However, the fact is that not all property is desirable. In fact, some can create problems or financial demands that...

The limited liability company (LLC) is a popular business structure that offers liability protection and avoidance of double taxation. Trusts are popular asset transfer vehicles that allow you to avoid probate and keep assets out of the hands of creditors. By placing...

When making your estate plan, you want to be sure it is comprehensive and legally enforceable. But does it also accurately reflect your values and beliefs? Following are some tips for ensuring it does. Think beyond logistics The details of your estate plan—everything...

Creating a will is a valuable way to protect your legacy and provide guidance for loved ones during the estate administration process. However, if you make a will that is not valid or enforceable and you pass away, it could be like you died without a will at all. To...

Guardianships are legal arrangements that ensure a vulnerable adult or minor child has someone watching out for their best interests. However, considering the nature of a guardian's duties, it is not unusual for conflicts to arise when parties disagree over the care...

You might be the person you trust the most when it comes to your property and assets. However, if you plan to create a living trust for estate planning purposes, you will need to appoint another person as administrator of the assets and property you put in the trust....

If you have a will, you have taken an essential step in preserving your legacy and wishes. However, having a will may not be enough. Depending on your planning goals, you may well need more than a will to ensure you protect yourself, your family, and your estate...

We all know we're going to die someday, so when people think about making an estate plan, they often think about it in the context of final arrangements for what we leave behind. However, having an estate plan is also crucial in another situation, and one we don't...

When your children were young, you did your best to treat them fairly. You let them know you loved them equally and avoided giving preferential treatment to one of them. Not only did this help your kids feel equally loved and valued growing up, it also taught them...

After a loved one dies, there can be a surprising amount of details to address. And this can quickly become overwhelming, particularly when a person did not leave a valid, clear and comprehensive estate plan behind. Under these circumstances, beneficiaries could be in...