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January 2015 Archives

Open communication may help prevent an inheritance dispute

From the perspective of heirs, not all inheritances may seem equal. If an heir is unhappy with his or her inheritance, the distribution of a grantor's assets and property might be delayed by a probate dispute. 

Can an estate plan provide for grandchildren?

You worked hard for your money, so it only makes sense that you might want to have some influence on how your beneficiaries spend any assets you pass on to them in the form of an inheritance. At a minimum, an individual may not want an inheritance to be paid immediately to his or her heirs.

A comprehensive estate plan addresses financial and medical items

Let’s set the record straight: Estate planning is more about preparing for the future, rather than wealth distribution. The reason our firm takes this approach is that an estate plan may account for both financial and medical contingencies. In addition to a will, an estate plan may also include a healthcare proxy or living will, a power of attorney, and/or various types of revocable or irrevocable trusts.

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