What Is Estate Planning?
Estate planning is a process to consider alternatives for, to think through, and to set up legally effective arrangements that would meet your specific wishes if something happens to you or those …
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How to Obtain a Death Ceritifcate
When you are helping to wrap up the affairs of the deceased, you will probably need a death certificate to get access to bank accounts, safety deposit boxes and insurance proceeds. It is …
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What Sorts Of Instructions Are Made As Part Of An Estate Plan?
An estate plan consists of one or more documents that set forth instructions. Some documents are used to control health care decisions, others control your property in the event of your incapacity, …
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Living Trusts
Living trusts have grown in popularity over the last two decades. A living trust (or an inter vivos trust) is a common estate planning tool as well as a tool to manage a person’s assets while they are alive. As its name suggests it is a type of trust created during one's lifetime and is managed for the benefit of the person who creates it. The participants in a trust …
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What Happens When a Person Dies Without a Will?
If you want to make sure that your property is distributed according to your personal wishes at the time of your death, then it is important to have a properly drafted and executed will. When a person does not have a will at the time of their deat, then the person's property is distributed according to the state’s default laws of distribution, known as intestacy laws. …
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