Increasingly, several generations of American families are living together. These multi-generational living arrangements present legal and financial challenges around home ownership.
Estate Planning
37 posts
A good special needs plan involves many key players, including a guardian, a health care proxy, an executor, a trustee and possibly a trust protector. It’s a good idea to review these selections on a regular basis, because change is inevitable.
Here are some issues grandparents should consider before making gifts to grandchildren or other family members.
If you move to a different state or split your time between one or more states, you should make sure your advance directive is valid in all the states you frequent.
As a trust beneficiary, you may feel like you are at the mercy of the trustee, but depending on the type of trust, trust beneficiaries may have rights to ensure the trust is properly managed.
The choice of trustee is one of the most important decisions you’ll make regarding your special needs trust. Here are five questions to keep in mind when considering who will serve in this crucial role.
No one wants to face the fact that our loved ones will not be with us forever and facing our own mortality is frightening as well, but it is important to be prepared.
Movies, television, and books like to present wills in dramatic ways--handwritten notes, videos, deathbed utterances--but what actually makes a will valid? The law varies depending on what state you live in, but there are some basic rules.
If you have been appointed the trustee of a trust, this is a strong vote of confidence in your judgment and trusthworthiness. It is also a major responsibility.
Siblings do not always receive equal shares of a parent's estate. Sometimes the inequality is intentional and sometimes it is accidental. Regardless of how it happens, it can cause arguments among the children.