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Passing on Family Values as Part of an Inheritance

Successfully addressing and legally formalizing inheritance of family values and assets can be challenging, especially if parents wait too long to begin instilling family values. Undoubtedly the best time to teach and empower your children as eventual inheritors of your…

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What is the Probate Process?

Probate is the legal process for authenticating a deceased person's will, reviewing their assets, paying their outstanding debts and taxes, and distributing what remains to their inheritors / estate beneficiaries. After an asset-holder dies, the court will appoint a valid…

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Being a “Fiduciary”

You may be asked to be power of attorney for a family member or friend. Your person may be planning for when they might become unable to take care of their affairs. For example, they might become disabled or incapacitated,…

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5 Things to Include in an Estate Plan

An estate is all the property owned both individually and jointly, including bank accounts, real estate, jewelry, etc., including any liabilities, or simply debts, owed on that property. Lack of an estate plan may mean a great difficulty to carry…

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Letter of Instruction for Your Estate Plan

  Whether you are starting from scratch or have an estate plan in place a letter of instruction (LOI) is an important part of any comprehensive plan. A letter of instruction can help your loved ones manage important information about…

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Leaving Property to Children in a Will

I read that when making a will, I could leave my property to my children “per stripes.” Why is the law talking about us like we’re some kind of zebra? The phrase is Latin and it is “per stirpes,” not…

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