Estate planning is more than just having documents. Planning includes arranging your affairs to prevent leaving a mess behind for your family and friends. Here’s a list of questions that must be answered to see if you’re ready.
Many high school graduates will be 18 years old when they move out of their parents’ home for college or soon after doing so. Do you know what would happen if you needed to help your son or daughter with a bank account after the move? Or, what if you…Read More
I’ll reluctantly acknowledge that there are some online tools that some people can use to make an acceptable will. But, there are many people for whom these services will never be suitable. Use the linked flowchart below to see which group you’re in. If it turns out you might be a candidate…Read More
Your family can start the next school year with a current estate plan.
If you are one of the many Americans without an up to date estate plan, why not make this the summer to change that? Why would you do this in the summer? Isn’t summer about travel…Read More
Putting your affairs in order for retirement is a perfect reason to have a living or revocable trust. The ideas in this post also work if you have been diagnosed with an illness that will weaken your mind or body. Either way, taking these steps will simplify your financial life…Read More
If you:
you don’t need a living or revocable trust.
This advice may be different than what you’ve read elsewhere on the internet….Read More
As I’m starting out the new year, I want to give a shout out to my friend and coach, Stacey Vicari. Stacey’s business and life consulting practice, Ideal Life, has been invaluable for me to keep on track. (I’m certainly not saying I don’t have work to do, but Stacey is the voice…Read More
I’m happy to announce that I was elected chair of the Kentucky Bar Association’s Probate & Trust Section for the 2016-2017 year. I look forward to working with the section’s many members and continuing the long tradition of excellent presentations. Look for more news in the near future.
For an article about some of the difficulties that will be associated with Prince’s estate administration, see this Slate article.
News reports have surfaced that Prince died without a will. I don’t want to say too much too soon but here’s an interesting question. Prince had some very particular ideas about how to manage his artistic repertoire. A will or trust would have provided an opportunity for him to…Read More