5 Things To Know About a Will
1. Will Must Go To Probate Court Most people know that a Will tells people what you want to do with your money and other property after you pass away. A properly executed Will can in fact be kept private until after you pass away. But after you pass away, […]
In Terrorem Clause: Putting a No Contest Clause in Your Will
No-contest clauses in a will discourage or prevent people from challenging the will in court. Lawyers now rarely use the Latin language as they did at one time. But one surviving Latin language phrase known as the in terrorem clause goes into a will literally to place potential challengers “in terror” of […]
10 Reasons a Trust Is Better Than a Will
Most people have the idea of doing a will in the back of their minds. But there are many reasons why a trust may well be a much better idea. You know you need something in place to take care of your affairs after you pass. Those who you leave […]
Advance Care Directives: What Are They?
Advance care directives provide an opportunity to participate ahead of time in making medical decisions in potentially life-ending circumstances. We all have the right to participate in our own health care decisions. You should have a say in your medical decisions. But there are times such as a serious accident […]
How Do I Make my Will Clear Enough to Avoid Disputes?
It’s important to have a will because this document specifies how money and property will be distributed after death. Without a will, the person is declared “intestate” and money and property are distributed under the laws of intestacy in the state in which the person resided. Terms of a will must be […]
Wills and other Basic Estate Planning Documents
Most people understand that a will takes care of divvying up money and property after someone dies. But other estate planning documents exist that also offer the opportunity to nail down personal affairs. What other basic estate planning documents exist? What difference exists between a Will and a Living Will? […]