Many people think that estate planning is only for the wealthy, or you only need a will if you have expensive assets. While wealthy people may have more intense estate planning needs, estate planning is for everyone. At a minimum, you should at least have a will for the reasons […]
It is quite common for people to create a will while making other estate plans and then think their estate planning is finished. Unfortunately, this is not the case. Estate planning should be an active, ongoing process rather than something you do once and then forget about. If you haven’t […]
The personal representative named in a will has a tremendous amount of responsibility when it comes to the probate process. In a nutshell, this responsibility is referred to as their “fiduciary duty.” A fiduciary duty is the obligation to act in someone else’s interest rather than their own. Some of […]
No one likes conflict, but conflicts over a will can be especially trying. It’s not uncommon for the personal representative, heirs, or beneficiaries to know that a conflict will arise and be difficult to get resolved. As a result, they begin wondering if they should hire an attorney. Unfortunately, some […]