Legal Issues For The Elderly… Why Probate If A Will Exists?

Issue 12.11

Do we have to go through probate if there is a Will? Why can’t we just distribute the assets as the Will says?

Generally,it is necessary to go through probate or,in the case [...]

Legal Issues For The Elderly… Common (and Costly) Estate Planning Mistakes

Issue 8.11

Costly mistakes can be made when doing estate planning. In most cases,mistakes are made by well-intentioned people who failed to take advantage of opportunities to accumulate wealth,shelter assets from estate tax,and protect estates for future generations. Some [...]

Legal Issues For The Elderly…Cohabitation Agreements

Issue 3.11

Cohabitation is a way of life that has become more common even among older couples. There are many reasons couples chose to live together rather than marry,including reducing living expenses,or not wanting to give up certain assets (i.e.,[...]

Legal Issues For The Elderly… Preventing Problems And Mistakes In Estate Planning

Issue 52.10

When you make a will or trust,you are not obligated to leave property to anyone. In order to discourage disappointed heirs from disputing your estate plan,you can include a “no-contest”provision that automatically cancels an heir’s inheritance if [...]

Legal Issues For The Elderly… Do-It-Yourself Legal Forms

Issue 48.10

An avalanche of do-it-yourself legal forms has descended upon us lately,spun out by people anxious to make money “helping” you. The fact is that such forms can be extremely risky to use.   The most popular forms are “end-of-life documents”[...]

Legal Issues For The Elderly…Better Estate Planning

Issue 44.10

An effective estate plan has many benefits.  In the broadest sense,estate planning includes the process of accumulating,managing,and distributing property over the course of a lifetime.  Satisfaction comes from knowing your objectives,taking practical approaches to achieve them,[...]

Legal Issues For The Elderly… Five Steps For Handling Your Inheritance

Issue 40.10

Of all the money that may pass through your hands during your lifetime,none is more emotion-laden than an inheritance. After all,you got it because somebody died. If the inheritance was unexpected,or large compared to your lifestyle,before [...]

Legal Issues For The Elderly… How Do I Disinherit A Family Member?

Issue 37.10

Deciding who gets your assets after you die is difficult enough,but what if you want to make sure someone IS NOT included?  Even though the word “disinherit” may conjure up images of family discord,  there are many reasons one [...]

Legal Issues For The Elderly… Probate – What Is It?

Issue 32.10

It is common to hear the statement,“I want to avoid probate” or “I don’t want my family to go through the horrors of probate.”  When you ask these same individuals “What is probate?” many do not have an answer.

[...]

Legal Issues For The Elderly… Preventing Problems And Mistakes In Estate Planning

Issue 28.10

When you make a will or trust,you are not obligated to leave property to anyone. In order to discourage disappointed heirs from disputing your estate plan,you can include a “no-contest”provision that automatically cancels an heir’s inheritance if [...]