Your Last Wish: No Inheritance Disputes
When you are no longer able to manage your affairs, someone, somewhere, will be sure to step in if you haven’t made arrangements for the… Read More »Your Last Wish: No Inheritance Disputes
Wills
Wills
When a Parent Loses a Mate: How to help
If your parent loses a mate, spouse, or life partner, he or she may need a good deal of emotional and practical help. If you were close to your parent’s mate (or the deceased was your other parent), you may need support, too. Family members, friends, and grief support groups are all good places to turn for comfort. As you’re able, you may want or need to help your parent face the following tasks, decisions, and questions.
What Is an Ethical Will?
You have heard the saying, “Where there’s a will, there’s a way.” It’s also been said, “Where there’s a will, there are relatives.” When a… Read More »What Is an Ethical Will?
7 Tips to Protect Valuables in a Natural Disaster
With parts of the country in the midst of peak hurricane season, and other regions of the country approaching the dangerous wildfire and flooding seasons,… Read More »7 Tips to Protect Valuables in a Natural Disaster
What is charitable giving – and is it right for you?
Charitable donations have the dual purpose of saving taxes and supporting valued causes. For individuals with substantial estates, this could mean hundreds of thousands of dollars in tax savings. Charitable trusts are an ideal way to accomplish this goal. The rationale for the different treatment of charitable trusts is that society wants to encourage charitable giving.
Typically, the same rules that apply to formation and governance of a private trust apply to charitable trusts. The primary differences include that charitable trusts must benefit a charitable purpose, that a charitable trust is exempt from the rule against perpetuities and is therefore easily modified, and that the state attorney, rather than ascertainable beneficiaries, is the primary party with standing to enforce a charitable trust.
Suitable charitable purposes include objectives like the relief of poverty (giving of property to help the poor), the advancement of Read More »What is charitable giving – and is it right for you?
5 Common Myths About Wills and Probate
Most of us don’t know a lot about the law of wills, trusts, or probate–after all, they’re topics none of us really want to deal… Read More »5 Common Myths About Wills and Probate