Does a will change named beneficiaries for life insurance policies, pensions, and similar accounts? Does a will change named beneficiaries for life insurance policies, pensions, and similar accounts? → Read More
How much should it cost me to have a lawyer prepare a will or a trust for me? How much should it cost me to have a lawyer prepare a will or a trust for me? → Read More
What are the duties of the executor of an estate? The responsibilities of an estate executor include collecting property, hiring an estate attorney, publishing the necessary death certificates, locating accounts, business affiliations and tax documents, paying funeral expenses, and addressing debts and legal fees. Click this link for details about each of these processes. → Read More
Protecting Wages from Creditors Every state has an exemption for certain types of income which creditors may not be able to garnish even if they hold a judgment against you. If you have exempt income or property, a debt collector cannot take it in order to cover a debt. These may include wages, salary, social security, welfare, or unemployment compensation. → Read More
What is a Crummey trust? Crummey is the name of a taxpayer who succeeded getting an annual exclusion by establishing a trust containing withdrawal rights for the benefit of minor children. A Crummey trust is a special form of trust that contains a provision allowing one or more beneficiaries the right to withdraw the lesser of either the annual exclusion amount or the value of the gift property transferred into the trust. Crummey trusts specify the time each year when the funds can be withdrawn to ensure that the beneficiary does not incur gift taxes. Crummey trusts are most commonly created for minors and irrevocable life insurance trusts. → Read More
Can I Write My Own Will? A Will is an important legal document that contains your instructions and wishes for handling your estate and distributing the property and assets you own in your own name after you die. → Read More
Fat Cats Jake and Frisco Inherit Home & $250,000 in Tennessee Will Leon Sheppard, Sr., so loved his cats, Frisco and Jake, that before he died, Leon made sure that they would continue to live the lives they were accustomed to under his care. In his will, Leon left his 4,270 square foot home in a gated community and $250,000 for the care of Jake and Frisco. → Read More
Sample of Simple Will An example of a simple will to show what is typically included in a simple will. → Read More
What happens when someone objects to a will? Expert advice on how to handle a will contest. If someone files an objection to the will in probate court or produces another will, then what is known as a will contest will begin. While few people ever actually win a will contest, these contests can be extraordinarily costly and create incredible delays. → Read More
Legalzoom Review for Will Preparation An in depth review of LegalZoom.com’s will preparation by an independent attorney. → Read More
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