When it comes to deciding how to leave property to your children, the clearest choice is to divide everything into equal shares. That is the straightforward choice when all your beneficiaries are doing equally well. But what if not? – if, for example, your son is a...
Suppose that your estate plan is all set. It will be taking care of your home, savings, and investments, making sure that your family will get those valuable estate items fairly and efficiently. Your plan will also protect your legacy from your children’s potential...
I read that when making a revocable living trust, I could leave my property to my children “per stirpes.” Why is the law talking about us like we’re some kind of zebra? The phrase is Latin and it is “per stirpes,” not “per stripes.” Some bits of property law are...
As one of our clients likes to remind us, “the world spins so fast!” It’s true that life moves so quickly that it oftentimes feels we are barely keeping up, if at all. If you feel this way, you are not alone. In addition to drowning in overwhelm,...
Successfully addressing and legally formalizing the inheritance of family values and assets can be challenging, especially if parents wait too long to begin instilling family values. Undoubtedly the best time to teach and empower your children as eventual inheritors...
Do You Update Your Estate Plan as Often as Your Resume?June 22, 2022
