Question: If a person sets up a trust and she becomes incapable as a result of Alzheimer’s disease, is it possible that her three sons, who are the trustee and beneficiaries after her [...]
Question: Everything about mom’s assets and estate were kept confidential until after her passing. Can an agent under a durable power of attorney or a trustee (I’m not sure of her [...]
How often we should all update our estate plans always depends on the circumstances. At age 18, everyone should have a durable power of attorney, health care proxy, and HIPAA release, just in [...]
So you’ve gotten your act together and executed your estate plan. What should you do with the documents? Should originals go into your safe deposit box? Should copies be sent to your children, [...]
There are many online estate planning services available at low cost, ranging from the behemoth of online legal services, www.legalzoom.com, to the granddaddy of DIY legal services, www.nolo.com, [...]
Should you create your own estate plan with a do-it-yourself online program (with the help of this website) or by hiring an attorney (also guided by this website)? The online programs are less [...]
In principle, a trust document can be as short as this: I, Hillary, hereby create this trust as grantor and trustee. If I ever become incapacitated or upon my death, my husband, Bill, will step [...]
The secret to making revocable trusts work best is to fund them. That step is necessary to avoid probate and to make it easier for your trusted fiduciary to step in easily if you ever become [...]
Over my decades of practice, I have become a strong proponent of revocable trusts as a means to avoid probate and, more importantly, to provide for asset management in the event of incapacity. [...]