Avoiding a Family Feud When Choosing a Power of Attorney
The challenge in tasking a family member or trusted friend as power of attorney is not just making sure they have the...
Category: Probate
Guidance on the probate process and strategies to simplify estate settlement.
Will Contests May Be Rare, but They Do Occasionally Happen
In an ideal world, wills and estate plans are created when people are the sound of mind and body, just as the familiar legal...
Illinois Rules for Intestate Succession: No Will? Now What?
If a person dies leaving no will, the probate court follows the state's rules for Intestate Succession. The following is a...
Wisconsin Rules for Intestate Succession. No Will? Now What?
If a person dies leaving no will, the Wisconsin probate court follows the state's rules for Intestate Succession with the...
Why is Angelina Jolie Leaving Her Total Estate to Just One of Her Kids?
Angelina Jolie has made the decision to reward her son Maddox for supporting her during her divorce from Brad Pitt by...
Why Do I Need an Executor (or Personal Representative)?
One of the main components of a Will is the portion where the person making the Will (the Testator) names the Executor. What...
How Do Family Relationships Mess Up Estate Planning?
According to a recent Key Private Bank poll of financial advisors, 80% said that working through family issues is the most...
Estate Planning Attorneys Ask: Have You Accomplished This Critical Task?
There's one critical move that a large number of older Americans have yet to make: creating a will.Motley Fool's article,...
Who Pays What Taxes on an Inherited IRA?
I'm the executor of my mother's estate. She has an IRA where the beneficiary is her estate. When I withdraw this IRA into...
Be Cautious If You’ve Inherited a Sizeable Amount
"My favorite aunt passed away last year, and I inherited $2,500,000 after her probate. The check came last week. It has been...