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The bond between a grandparent and grandchild is a very special one based on respect, trust and unconditional love. When preparing one’s estate plan, it’s not at all uncommon to find grandparents who want to leave much or all of their fortune to their grandchildren. With college tuition costs on […]
Category: Estate Planning
Many of us have been lucky enough to acquire timeshares for the purposes of vacationing on our time off. Some of us would like to leave these assets to our loved ones. If you have a time share, you might be able to leave it to your heirs in a […]
During the estate planning process, your attorney will draft a number of legal documents such as a will, trust and power of attorney which will help you accomplish your goals. While these legal documents are required for effective planning, they may not sufficiently convey your thoughts and wishes to your […]
Will – a written document specifying a person’s wishes concerning his or her property distribution upon his or her death. In order to be enforced by a court of law, a will must be signed in accordance with the applicable wills act. Testator/Testatrix – the person who signs the will. […]
Estate planning is designed to fulfill the wishes of a person after his or her death. Problems can easily arise, however, if the estate plan contains unanswered questions that can no longer be resolved after the person’s demise. This can, and frequently does, lead to costly litigation counter-productive to the […]