No one likes to think about death. However, it is important to be prepared when the time comes so that our loved ones have a clear, irrefutable understand of our final wishes. An estate plan ensures that upon your death, your personal and business affairs are resolved as you desired. Specifically, most estate plans provide […]
“You Better Think” – Aretha Franklin Dies Without A Will
Documentation filed earlier this week in Oakland County probate court in Michigan by Aretha Franklin’s children indicates that she died without a will or a trust. On the forms, a box was checked signaling that “the decedent died intestate”. What does this all mean? Dying without a Last Will and Testament or a revocable living trust means that […]
Back To School – Three Documents Every College Student Should Have
Going back to school is right around the corner…what!? How can that be? However, it is true that as August approaches families will be sending kids back to school. For those families with children starting college, this time is fraught will all sorts of emotions, checklists, logistics and large bills. It is also often a […]
How Divorce Can Impact Your Estate Plan
With the increased divorce rate in today’s society, many individuals experiencing a divorce focus on the issues directly involved in the divorce. For example, they may focus on spousal support, child support and the division of assets, but those same individuals forget that after a divorce or even during, there are additional considerations involving their […]
Caring For Pets As Part Of Your Estate Plan
Many if not all of us have had a pet during our lifetimes. But what happens to that pet if the owner becomes incapacitated or dies? Virginia (Section 64.2-726), Maryland (Section 14.5-407) and the District of Columbia (Section 19-1304.08) all have statutes that permit the creation of a trust for the care of a pet. […]