Today we’re going to talk about “What’s worse than Probate?” But first, let’s talk about what probate it exactly. What is Probate? Probate is where the judge has to get involved in carrying out an estate after death. This means nothing can be done until the judge signs the order appointing an executor. Wills are […]
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David Edwards quoted in probate newspaper article.
You may have heard people discuss probate and how horrible it is. But what in the world is probate? And why do people want to avoid it?
Have you just lost a loved one? On top of the grieving and loss, you have a lot of legal and financial details to deal with. Sometimes a lot of details. Where do you turn for help? We regularly work with families to address these challenges after losing a loved one. Here are examples of […]
Often we get calls from someone who is facing a mess because a loved one died and failed to plan properly. So, my advice is this: If you want to create a mess for your family, don’t leave it to chance. Do it right and plan the mess yourself. Here are 9 ways you can […]
Top 10 Scariest Estate Planning and Elder Law Topics 10. The Invisible Assets – A big part of asset protection is making sure you have updated beneficiary designations. This is often overlooked and can have truly hair-raising consequences. Read more here. 9. The Illinois Chainsaw Massacre: Who Will Survive and What Will Be Left of Them? […]
A recent survey on estate planning found that 74% of those surveyed thought estate planning was a confusing topic. That’s no surprise considering estate planning has a language all its own. Today, we’ll sort out the difference between a Will, a Living Will and a Living Trust — three separate estate planning tools with similar names, but different roles […]
Sadly, celebrity deaths often provide a good opportunity to review what not to do when it comes to estate planning. Imagine being worth $300 million and not even having a Will The recent death of the eccentric singer, Prince, offered another opportunity to see what not to do when it comes to estate planning. Despite […]
It may be hard to believe, but when a husband (or wife) dies, there are plenty of people there to take advantage of the situation. A recent article in a national newspaper column highlighted this risk with a local Springfield woman. Trustworthy helpers are vitally important to widows/widowers… Recently, there was a very concerning article […]
Asking how much an estate plan will cost is one of the last questions you should be asking when considering an estate plan. As an estate planning attorney, I often get asked the question, “Well, how much does it cost?” But we can’t answer that question without understanding more about the situation, and explaining more […]
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