Wills

11 Reasons to Avoid Estate Planning

This weekend, I took my young son and daughter to a movie in which a beloved family cat died. My son especially didn’t enjoy the movie because of this. On the way home, he realized, “Hey! If the cat can die, then everyone will die too!”  Read more...

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Making a Will May Not Work

You have done your job.  You have saved in your retirement plan.  You have life insurance.  You own your house jointly with your spouse.  You have a “payable on death” clause in your bank account directing it to your kids.  Surprisingly, if your assets are set up this way, then your will may have very…

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“Do I Need a Lawyer to Draft a Will?”

OK, you have our attention. There is now growing debate as to whether or not people can draft their own wills without a lawyer.  What good are we anyway?  You can’t afford us.  You don’t trust us.  We’re inconvenient and inefficient.  You don’t like hourly rates.  You don’t want to risk your dollars on potential…

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Choosing Your Personal Representative

One of the most important tasks in preparing your estate is choosing who will fulfill the responsibilities of carrying out the closure of your assets and liabilities.  Once appointed, your personal representative (or “agent”) will have the fiduciary duty to act in your estate’s best interests.  Violation of this or other duties could result in…

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“I Just Need a Simple Will”

Many who decide to take the leap of setting up an estate plan approach the issue by seeking the least expensive, yet still effective strategy. This is especially true during a recession.  While this may be appropriate for some, let’s examine some situations where your will may not end up being so simple:  Read more...

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