For a variety of reasons, our shelter in place may cause a spike in contested estates. Here are five reasons for this potential rise. Signing Becomes a Challenge People may not be able to sign in person, so they could “e-sign” on their Wills and...
Divorce rates continue to be high across the United States, and recent polls have shown that marital separation rates are increasing in 2020 due to coronavirus-related stresses. How many divorcees remarry? And, if and when they do, what does this mean for their estate planning?...
In the wake of the COVID-19 pandemic, many more people are talking about risk management. How did our society fail to manage the risk of a virus? How did individuals fail to adapt to the scientific realities of the situation? Risk management is handled in...
We have a bonafide pandemic on our hands. It’s the kind of contagion warned about in science fiction films and doomsday novels. It’s the stuff of dystopian narratives. And with that type of real-world malaise comes a mild panic. Maybe even a panic that is...
Donnellon, Donnellon, and Miller published a nine-point estate planning checklist, which is designed to assist you in addressing all of your estate planning needs. When you check off all of these line items, you can remind yourself of anything you still need to take care...
Estate planning can help ensure an accurate and friction-free distribution of your possessions. The person or institution you put in charge of administering your estate and carrying out your final wishes is called your executor. Making that choice is one of the most important decisions...
Planning an estate is not simply guided by common sense. There are several mistakes well-intentioned people make, thinking they are making the smartest moves. Here are four typical mistakes in estate planning. 4 Mistakes To Avoid When Planning Your Estate Mistake #1: The child’s name...
If you just completed your undergraduate studies, you are likely not thinking about your Last Will and Testament. You may be in your twenties. Hopefully, you are still 50, 60, 70, or even 80 years away from your demise. However, there are still aspects of...
One of the most unsettling aspects of a pandemic situation is how quickly a virus can spread. We see news accounts of people who were otherwise healthy developing a dry cough, and then quickly seeing their conditions accelerate until they are in the hospital on...
Payable on death (POD), is an agreement between a financial institution and a client that designates beneficiaries to receive all of a client’s assets. The immediate transfer of assets is triggered by the death of the client. This can be perceived as morbid, but the...
