Downs Law Firm, P.C.
Let’s face it: mortality is hard to think about, and death is impossible to plan for. What is doable, however, is getting affairs and assets in order to prevent loved ones from inheriting a headache and legal fees in the event of an incident.
Parents are often more than happy to offer financial advice to their children. They like to feel needed and want to make sure their children are on solid financial ground. However, it’s important to turn the tables and ask about their financial plans, too.
Acting as an executor can be a tremendous amount of responsibility and a time-consuming duty.
When you meet with an elder law estate planning lawyer, honesty is the best policy, even though it may be difficult to disclose the personal information requested.
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.
Transfer on death (TOD) accounts (also known as Totten trusts, in-trust-for accounts and payable-on-death accounts) allow spouses to pass small estates in a simple, convenient way.
There’s a misperception that estate planning is only for the ultra-wealthy.
I want to name a new executor. Who could I name as a backup?
Unlike personal property, real property–such as real estate or automobiles–is titled to convey ownership.
Preparing a will is one of the most important steps a parent can take to protect their family.
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