Archive for the 'Estate Planning' Category

Living Trust

Monday, March 5th, 2007

DO I NEED A LIVING TRUST?
1. What Is a Living Trust?
2. What Can a Living Trust Do for Me?
3. Should Everyone Have a Living Trust?
4. How Does a Living Trust Help if I Am Incapacitated?
5. How Does a Living Trust […]

Last Will and Testament Requirements

Friday, September 1st, 2006

Legal requirements for the creation of your will
Any person over the legal age of 18 can draft her/his own will without the aid of an attorney. Additional requirements may vary, depending on the jurisdiction, but every will must contain the following:

* The testator must clearly identify herself/himself as the maker […]

Probate

Wednesday, March 22nd, 2006

What is Probate?
Probate is the process of transferring legal title of property from the estate of the deceased person who has died (the “decedent”) to his or her proper beneficiaries.

The term “probate” refers to a “proving” of the existence of a valid Will, or determining and “proving” who one’s legal heirs are if there […]

Estate Planning, Is Your Funeral Part Of It?

Saturday, February 18th, 2006

Planning for your funeral is part of planning your estate. Why do we not think that this is a part of estate planning?

It has been so ingrained in us that we should not plan for a funeral till a death occurs. This is absolutely a change that should be rectified. When we wait till a […]