Are new estate planning documents (Will, Trust, Financial Power of Attorney and Advance Directive for Health Care) needed when moving to a new state? If there’s a good chance that your move will prove to be either an extended Continue reading →
Clients have many misconceptions when it comes to Probate. This article will help clarify the more common uncertainties. First off, having a Will does not avoid probate – it is merely a roadmap in which to navigate Probate.
Have you ever worried about what would happen to your animals after your death? Would there be someone willing to step in to love and care for your pet? Can you name a pet as a beneficiary in Continue reading →
Estate Planning is much more than just signing your Last Will & Testament. Many clients believe that a Will supersedes all other contracts and designations. In reality, the outcome is completely the opposite. A Will only controls “probated assets.” What exactly is a probate? In practice, the probate consists of assets not otherwise distributed or handled at your death. Essentially, they are the assets remaining in your name that do not have joint ownership or designations; a bank account that was in solely your name would be “probated” and passed down according to your Will. The following are examples of assets that pass outside of probate and are thus not controlled by your Will.
Attorney Richard S. Bryson, with Bryson Law Firm, P.C., hosted a live teleconference on avoiding costly litigation when resolving trust and estate disputes on December 3, 2014. The seminar was designed to educate estate and trust attorneys, accountants, Continue reading →
Many families gather together to share in this wondrous and magical time of the holiday season, but it can also be a time to address important family topics — estate planning or elder care needs. While all are together, begin Continue reading →