Estate Planning for a Mixed Family

Life throws curveballs and you may find yourself with a mixed family, a spouse, an ex-spouse or two, children from each spouse, adopted children, and other loved ones, all of whom you want to remember in your estate. Regular intestate succession and even simple wills are not designed to handle blended families and the complicated…

Spousal Lifetime Access Trusts

There are numerous mechanisms that can be used by large estates to reduce the impact of estate tax. Of the many different types of trust, the spousal lifetime access trust (SLAT) is gaining in popularity because it provides partners with a way to put their assets into a trust while still providing for their spouse.…

Estate Planning Mistakes

While every situation and estate plan is unique, there are a handful of common mistakes you can avoid with proper planning. Whether you’re doing your first estate plan with a small estate or you’ve built a substantial enterprise and large estate, you can take the time to avoid common estate mistakes. Being Clear About Your…

What Causes a Lengthy Probate?

When you leave assets to your family and friends in probate, you’re thinking more about the enjoyment or benefits they will get from those assets, not how long the probate process takes. Mistakes could cause your assets to be distributed incorrectly or tie your entire estate up in probate for a long time. These are…

Who is Likely to Challenge a Will?

A major reason many people have a lawyer handle their estate planning and administration is to ensure that their goals are carried out exactly as they want. One problem you want to avoid is having someone challenge your will and your dispositions. Not everyone has standing to raise a challenge to your estate plan; only…

Estate Planning for New Grandparents

Having a grandchild can be an incredibly rewarding experience, grandparents having a chance to rediscover the joy of babies and children and truly savor the experience. Many new grandparents often want to consider changes to their estate plan to take into consideration their new grandchild and ensure the resources they have amassed over their lifetime…