A quick note about something that seems simple but always seems to get a big reaction at our workshops when we bring it up. It doesn't get laughs or comments, just a lot of people shifting in chairs and giving each other that ‘boy, have we all been through this’ look. That happens when we ta...
You hear about simple wills all the time. Usually, it means someone executed 'just' a will, a will that took care of everything without the need for trusts. You know, simple. We find that a lot of people also think: simple will, simple probate, no problems, no worries. It's a natural enough assumpti...
When a promise leads to a will contest, no one wins. That may seem obvious to us, here, now, from a remove, yet it happens over and over again. We have a friend who did some pretty involved business planning for a family owned business in the Northeast about five years ago. It was somewhat complica...
Modern families have, well, modern problems, especially where wills are concerned. Consider this case, happening in New York right now. Brownstones in the West Village section of New York City are worth a small fortune. Today, Fifty-five years ago they weren't - and no one was exactly lined up to ...
Separation and divorce have, perhaps obviously, potentially adverse effects on estates and the probate process. Regardless of when it occurred. Both are fraught with emotions and complications that tend to linger for years. Along the line, promises are made, between the exes, with the children, som...
This is a serious question that we get a lot: ‘when are estates closed?’ When is it finally done, wrapped up, no longer susceptible to challenges, no longer managing assets? A pretty important question, really, for trustees, beneficiaries, and interested parties on the outside looking in. Wh...
There is, according to the New York Times, a current epidemic of disinheriting across the U.S. It revolves around elder abuse, but not how you’d expect. Not physical abuse, but psychological. It’s been brought to the forefront by the Sumner Redstone case we’ve posted about on Facebook. Redst...
