Conversations with family, friends, and colleagues can sometimes wander into the topic of lawsuits, divorces, bankruptcies, and other threats that put one’s property at risk of loss to a creditor. Such conversations often leave people shaking their heads, asking what the world is coming to, and feeling vulnerable and frustrated. However, an important tool has… Read More »
Posts Categorized: Estate Litigation
Probate is not the end of the world, but it can be pretty aggravating.
Unfortunate battle over the estate of a man of peace, Martin Luther King Jr.
Some sobering thoughts from the Great White North.
The best way to prevent bickering after someone is gone is good estate planning, done while the person is clearly of sound mind. While the specifics of Nelson Mandela’s estate plan are not yet known, his legacy will be tarnished by a battle over his estate.
Something odd happened a few weeks after James Gandolfini died. The discussion shifted from shock and surprise at his death, to his will, which, unlike the wills of most wealthy people, quickly became public. Almost immediately, many experts found fault with its contents, saying it was so unwisely constructed it could lead to lawsuits from his heirs.
Take some time RIGHT NOW to think about who will be making decisions for you at the end of your life, and how you can best have your wishes carried out.
Unfortunately, there is nothing you can do to guarantee that there will be no fighting among your loved ones after you are gone. There are plenty of difficult emotions to deal with after the passing of a loved one, and conflict can easily make matters much worse. Here are some steps you can take if… Read More »
For many of us, estate planning is an uncomfortable subject. That’s understandable, but there are adverse consequences to avoiding it.
Being named as a Trustee is a great honor. It is an even greater responsibility. There are some things you should think about before you accept the role.