Estate Plans Must Clarify “Right Things”
When an estate plan depends on someone to “do the right thing,” someone will inevitably dispute
When an estate plan depends on someone to “do the right thing,” someone will inevitably dispute
[See our Disclaimers page about relying on this website’s contents.] Trusts are tools that estate planning lawyers use to solve or avoid money management and property management problems for clients. Protective trusts protect assets from problems plaguing the trusts’ beneficiaries. Protective trusts are increasingly common as lawyers and clients focus on solving problems that do not necessarily […]
[See our Disclaimers page about relying on this website’s contents.] Is it possible for senses of duty, obligation, and responsibility to be harmful for people? Trust and estate lawyers working with multiple generations of people often see sharp generational differences in people’s expectations of themselves and people of other generations. This article considers when traditional senses […]
[See our Disclaimers page about relying on this website’s contents.] We have heard people tell us for decades that they want to “avoid probate.” They say it as if they want to avoid cancer. Most people have no idea what it is that they think they should avoid. Fewer people know that the “probate” concept […]
[See our Disclaimers page about relying on this website’s contents.] Too people say about estate planning, “I’m not ready for that yet.” A person must be able to think clearly enough to make a will, trust, power of attorney, deed, health care directive or other estate plan document. As we wrote in our blog article, […]
[See our Disclaimers page about relying on this website’s contents.] Several years ago, our daughter’s kindergarten teacher shared with us a simplistic job description that our daughter gave to the class about her lawyer parents. When asked what her parents did for a living, our daughter said, “They type and click.” Many people have a […]
Indiana is on the front line of a legal services technological revolution. LegalZoom is pushing a bill to allow electronic signatures of wills, trusts, powers of attorney, and other estate planning documents, while the Indiana Secretary of State driving an electronic notarization bill. Indiana State Bar Association members are working to fix serious defects in […]
The basic purpose for estate planning is to prepare for future situations by empowering people to solve problems or adapt to changing circumstances. Unfortunately, this old planning truism still applies: The finest plans of mice and men often fall apart and leave us with only grief and pain instead of joyful hearts. (Our paraphrased excerpt […]
[See our Disclaimers page about relying on this website’s contents.] If a person has made a will, a power of attorney, an advance health care directive, or a trust, the person may think that those documents create a dependable estate plan. Unfortunately, many people do not realize that an estate plan includes every kind of […]
[See our Disclaimers page about relying on this website’s contents.] God told the Israelites in the 25th chapter of the biblical book of Leviticus that in every 50th year, a family would regain ownership of land that the family’s ancestors had sold during the past 50 years. The Mosaic Law ensured the blessings of property […]
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