Having an estate plan is among the most important things you can do for your loved ones. It is, however, a task many of us dread and put off dealing with until later in life. If there is one thing we can recommend, it is that it is never too early to start planning. However, it can be too late. Do you have an estate plan that will provide for your loved ones, in the event of death or upon incapacity?
Geckos are amazing and resilient creatures. They can climb up vertical surfaces. Some geckos can fly. If you cut off a gecko’s tail, they’ll grow it back. These five tips for making an estate or trust administration go smoothly create the acronym ‘GECKO’. So, keeping the amazing lizard in mind, read on for some helpful advice on how to ease the process of estate or trust administration. [Read More]
Not surprisingly, online do-it-yourself legal services have a huge customer base, likely because they are cheaper and more convenient than using a local lawyer. Sites like LegalZoom say you can “get a will” that’s the same as what you get from the lawyer down the street. But, unfortunately, DIY or form wills are prone to any number of problems which cause your estate to be divided incorrectly, your probate to be administered inefficiently, or your wishes to be completely ignored. [Read More]
The most common question I get asked in our Mutual Interview is, “What’s the difference between a will and a trust?” The answer is based on the way each gets treated while you’re living and after you die. Whether you choose one or the other depends on your goals for your plan. [Read More]