In this new normal of living with COVID, should you consider creating a will? The answer is YES. But it is still a difficult decision for many. When speaking with clients about creating a will, I hear, “I don’t have any property,” or, “I’m feeling fine, I don’t need a...
Many times, a family member reads Mom or Dad’s will and sees they have been “appointed” as the executor of the estate. Unfortunately, using the word “appoint” in your will is technically inaccurate. Only a court can “appoint” the executor. Your will...
General interest in updating a will and other estate documents, particularly medical power of attorney and durable general power of attorney, has grown as this virus continues its spread. If you are wanting to get a will, make changes to your will, or discuss...
How best to store your estate planning documents is a common question. The answer really depends upon your preferences and what you might perceive to be the risks involved. Here are some thoughts on how/where to store your documents. The key to remember is that...
Frequently I get questions about whether a Will must get probated. The short answer is no, not every Will has to go through probate. However, that determination is most likely not able to be made until after the Testator (the person that made the Will) has passed...
You know you should have a will, but you keep stalling This link is to a good short article about getting your will done. This tends to be something too easily put off for later. Then “later” comes to bite. This article gives some good thinking points such as who you...
How is ownership of your assets designated? You should consider how you establish ownership of your assets. What does this mean? It means, you may have joint bank accounts, or maybe the cars have only one name on the title, or you and/or your spouse have separate...
