As time passes, an increasing number of people are finding out that they have digital assets as part of their estate plan. No matter if it’s audible content, digital documents, or social media page, however, it is often critical to appoint someone who can properly look over these assets in…
Articles Posted in Estate Planning
Important Considerations in the Removal of an Administrator or Executor
The Indiana Supreme Court recently upheld the removal of a father as the administrator of his deceased son’s estate. The son was killed in an accident in July 2007 when the vehicle that he was traveling in was struck by a bus. The man’s surviving daughter was subsequently placed…
Estate Planning and Assisted Reproductive Technology
Each year, thousands of Americans rely on assisted reproductive technology to have children. While this advancement in the medical industry has allowed people who would have otherwise been unable to have children do so, it is not without its complications. One of the frequently overlooked areas impacted by artificial…
Defining Undue Influence: Lessons Learned from Portland Museum of Art v. Germain
The Portland Museum of Art in Maine recently initiated legal action against the caretaker of an art collector. The Museum claimed that the caretaker bequeathed as much as $2 million to museum, but was convinced to not do so before her death. As a result, the art collector changed…
6 Things You Should Know about Pet Trusts
We love our pets, but many of us are still uncomfortable with confronting end of life issues. When accidents occur and people lack essential estate planning tools, it is very common for pets to being end up being sent to shelters or rescue centers. To avoid this unpleasant idea…
Advice on Navigating 5 Common Estate Planning Emotional Blocks
Many people understand that estate planning is important, but nobody wants to tackle issues that address end of life because often that means accepting that you too will die. If you get nervous or uncomfortable when it comes to estate planning issues, you aren’t the only one. Failure to…
Estate Planning Advice for Single Parents
Regardless of age, for parents who are interested in estate planning, the most pressing issue is almost always caring for children. The expectations that a parent has for their child often end up shaping the estate plans that get written. For single parents, these conversations are often more critical.…
Estate Planning after Marriage or Divorce
When major life events like marriage and divorce occur, it is a wise idea to review your estate plan. That’s because these life events have the potential to significantly change a person’s estate plan. The purpose of this article is to review some key factors that you should consider…
Planning Ahead: Estate Planning and Beneficiary Designations
After creating an estate plan, it is easy to fall into the trap of thinking that you have now done everything necessary to plan for the future. In many cases, however, people fail to make sure that all beneficiary designations as well as assets are titled in a way to…
Advice on Avoiding Estate Planning Fraud
Three people in Ohio were recently convicted on multiple charges related to a scheme associated with creating and probating a fake will that left the entirety of a $2.2 million estate to a beneficiary and revoked an earlier will the deceased person had executed in 1993. In an additional twist,…