How do I set up a trust for my grandchildren?
If your grandchildren are minors then they have to have a Trustee who will manage the assets for them and distribute funds to the children's caretakers for the reasons you specify in the Trust. ...
Estate Planning
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How do I put property into a living trust?
Living trusts are legally-designed instruments meant to remove ownership from the creator of the trust, thus helping them avoid probate court proceedings. In order for a living trust to be considered ...
What is involved in trustee resignation?
Trustee resignation should usually occur according to the terms of the trust. Other times, a trustee resignation form may be used. It is important that a trustee who wishes to withdraw properly do so ...
How are estate creditors handled?
How are estate creditors handled?...
Do beneficiaries have to pay creditors out of their own pocket if the estate is insolvent?
Do beneficiaries have to pay creditors out of their own pocket if the estate is insolvent?...
What is the Texas probate system like?
When a person dies and leaves property that has not been transferred to another person by way of a trust, a right of survivorship, or a gift (say, through a will), the property will be distributed thr...
Executor of a Will: Distributing Personal Property of the Deceased
The executor of a will has many responsibilities that might seem more important, but unfortunately the distribution of the personal property of the deceased can be among the most difficult of the task...
PostCan a life estate owner rent the property out to others? (2026 Estate Laws)
A life estate is an ownership interest in a piece of property, like a house or a condo, that lasts for the life of a named person, but ends on that person's death. ...
What happens if there is no living will or durable power of attorney?
A living will is a document where you give instructions about your health care if you should become incapacitated and unable to give direction yourself. A durable power of attorney (also called a “p...
Asset Protection: Thwarting the IRS
The search for tax loopholes is almost as old as tax itself. People have tried to thwart the IRS' collection of tax debts of all kinds every which way possible. From making fraudulent transfers to h...
Protecting Assets of the Elderly or Disabled with a Conservatorship
Faced with the responsibility of managing a loved one's assets, a Conservatorship procedure is an effective way to secure financial management planning tools in order to protect your relative's assets...
How to Protect Your Interest in Real Property
Imagine a creditor trying to find out how much money you have at your disposal. Copies of deeds and the taxes paid on real property are public records that anyone can look up at the county courthouse....
How to Protect Assets with a Swiss Bank Account
If you are looking for a way to protect assets from snoopy investigators, a Swiss account can be the ideal place. The main reason for having such an account for most people has to do with keeping one'...
Are on-site paramedics required to follow living will or do not resuscitate orders?
For families facing the impending death of a loved one, few topics trigger more anguish than a Do Not Resuscitate order (DNR), an advance directive requesting not to have cardiopulmonary resuscitation...
What protection is available with a revocable living trust?
A revocable living trust is a vehicle that is very helpful in avoiding probate. During your lifetime, you can transfer ownership of your assets to a revocable trust so that the assets are owned by the...
Pros and Cons of Hiring an Estate Planning Lawyer: Can’t I just buy a trust online?
In some circumstances, it may be perfectly appropriate to simply purchase and download a will or a trust online. In other cases, though, it is best to have an attorney examine your situation to make s...
Judge Orders DNA Testing In Sherman Hemsley Will Dispute
The actor most famous for his role as George Jefferson on 1970s hit show The Jeffersons, died July 14, 2012, but Sherman Hemsleys body remains unburied because of a dispute over the validity of his wi...
Are witnesses and notaries required when making an official will?
Executing a legal will is an important process for many adults. Before safely filing it away, though, you need to take the necessary legal steps to make sure your will is valid. Most states only requi...
As executor, in what order should I handle my duties?
Executors (also known as estate administrators) are financial caretakers specifically assigned a decedent's will. An executor plays an important role in protecting and distributing the estate of a dec...
Estate Planning Checklist
Drafting an estate plan? Click here for a detailed list of documents, accounts, insurance policies, investments and other important estate matters that must be addressed in order to have a successful ...
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