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Legal:Living Will Articles from

Published: Sat, 24 Mar 2018 10:57:23 -0500


Typical Will Exclusions

Wed, 22 Nov 2017 07:01:14 -0600

A will is a document in which the testator wishes to distribute assets, properties and taking care of persons. It is a very good idea to make a will, just to make sure that all your belongings end in the right hands after your death. You must sign the will in the presence of a witness. In order for a will to be valid, it must follow specific guidelines. This also means that certain items and valuables will not be included in the will. Find out more about the typical will exclusions.

Why You Should Have A Will

Wed, 01 Nov 2017 08:27:00 -0500

Having a will is one of the most important things you can do to protect your family and loved ones in the tragic event of your death. Not only can a will legally protect your spouse, children, and assets, it can also arrange exactly how you would like things handled after your passing. Find out the top reasons you should have a will:

Will Lawyers and Their Role in Our Lives

Thu, 26 Oct 2017 08:54:59 -0500

The term 'will lawyer' is self explanatory. The job of a will lawyer is to help you write your will, so that all your wishes are word by word followed, even when you are gone.

What Are Inheritance Loans And How To Access Them

Wed, 21 Jun 2017 20:17:16 -0500

When a person dies and leaves behind a will, a complicated financial and juridical process will be initiated. Entitled authorities will analyze the case and item and properties distribution will be made according to the will.

When You Should Contest The Will

Wed, 21 Jun 2017 20:16:42 -0500

When what you inherit after a long time of devotion and care are just scrambles, life may seem to be very bitter. If the will seems unfair and you want to fight for your rights and inheritance, you should hire a lawyer and discuss further options.

Will Disputes Lawyers

Mon, 28 Nov 2016 13:19:50 -0600

Usually, will disputes happen when one of the beneficiaries has a conflict about how the property is going to be distributed. Normally, one of the beneficiaries brings up the dispute. However, a third party may also file the dispute and their name may not be mentioned in the will. If you want to know more about this subject, you may want to read through this article. This article gives some examples of will disputes and the best ways to handle them.

Who Can Challenge a Will in the UK?

Tue, 16 Aug 2016 09:45:05 -0500

In the UK, an individual is entitled to leave their estate to whomever they choose. They can leave it to charity, to an individual or put it in a Trust. It is their choice. However, finding out you've been left out of a Will can be extremely distressing, both emotionally and, in some cases, financially. The law does provide protection for certain individuals, such as those who are financially dependent on the deceased. In order to challenge a Will you must have shared a certain relationship with the deceased.

All You Need to Know About Probate

Tue, 10 May 2016 07:32:56 -0500

When you see the dead body of your loved one, you are in a terrible state of shock. No doubt you have got nothing to do with the property, the money and the inheritance that you have been assigned with, deep down inside, you know that you must go on and live your life with a smile after a few days. After all, no one can control death and the things that are beyond your control make you surrender in life.

What Is Probate in Relation to a Will?

Tue, 23 Feb 2016 11:15:35 -0600

A will is a legal document that outlines what one would want to happen after their death in terms of their funeral, care for their children and most important of all, distribution of their estate. When a person dies having drafted their will, they are said to have died testate in legal terms. The opposite of this would be dying intestate.

Plan For Your Last Big Event - Death

Thu, 31 Dec 2015 15:37:40 -0600

Our culture is shy about death, yet it is inevitable. Why not consider it a natural event to be planned for such as birth. Consider this article as a step in the right direction in welcoming and planning for this once in a lifetime event.

Succession Law in Israel - Inheritance by Law

Tue, 08 Dec 2015 10:15:19 -0600

Most people prefer not to dwell on this subject, but the fact is that life is transient. Upon the death of an individual, the fate of their property must be decided. Inheritance is the universal practice of passing on property, as well as rights, obligations, debts and even titles.

Inheritance Law in Israel Inheritance by Will in Israel

Tue, 08 Dec 2015 10:13:49 -0600

Inheritance in Israel is governed by the Succession Law of 1965 ('Succession Law'). According to the law, a person's estate passes on to his or her heirs upon death. This may happen in one of two ways: by will or by law.

Succession and Wills Regulations in Cyprus

Tue, 10 Nov 2015 09:53:28 -0600

Cyprus Succession and Wills Law, Cap. 195 and how the new EU legislation 650/2012 supports cross-border succession. In Cyprus, an individual can distribute his/her estate by drafting a Will. In case, a deceased person had not prepared a Will during his/her lifetime then his/her estate will be distributing according to the Cyprus Wills and Succession Law, Cap. 195. Precisely, the distribution of an estate could be regulated by a Will or according to the Law or both.

5 Reasons to Have a Will

Fri, 30 Oct 2015 09:28:30 -0500

You know you're going to die sooner or later. You probably even know who you'd like to get your money and your stuff. But, are you one of the 2 out of 5 Americans over the age of 45 who doesn't have a will? Here are 5 reasons to get that will written.

A Solution For Beneficiaries Needing Quick Finance - Probate Loans

Thu, 29 Oct 2015 10:08:31 -0500

The initial excitement that occurs when you come to know about receiving some inheritance stays just for a short duration because the excitement turns into impatience on realizing that the process is taking too long. Understanding the working of probate loans help if you are a possible heir.

All There Is To Know About Probate And Wills

Thu, 29 Oct 2015 10:05:12 -0500

The inheritance of property is not a simple procedure. You may have written your Will already and assume that when you are no more the property and everything you own will automatically be passed over to the person indicated in your Will. Unfortunately legal proceedings are not so simple.

A Brief Overview On Probate Loans

Thu, 29 Oct 2015 10:03:52 -0500

Being named an heir is definitely exciting news. Though exciting when it comes to acquiring the inheritance it could get tiring. The probate process is long and tiresome. Ensuring and confirming the heir and passing on the property of the deceased to the deserving person is done through the process of probate.

Why You Need a Wills Lawyer

Tue, 29 Sep 2015 13:54:54 -0500

If you have decided to make a will, but you are not sure how you are going to create it, you have just two options: you can do it by yourself or you can hire an experienced wills lawyer to help you make a will. Both options have their own distinct advantages; however, making the choice on the right option will depend on your specific needs.

Estate Planning Myths That May Keep You From Creating a Will

Thu, 17 Sep 2015 12:42:48 -0500

Estate planning is an important step for anyone. There are some myths that force people to think they don't need a will or a trust. However, it is just good practice to ignore these myths and put your wishes in writing.

Is Your Children's Inheritance At Risk?

Fri, 04 Sep 2015 14:27:59 -0500

When a will is written with future events in mind it can protect your inheritance from divorce, bankruptcy, inheritance tax and from a second marriage. This article covers four common scenarios but it is only through discussing your own situation with a professional will writer and with proper advance planning, that you can ensure that your children's inheritance is safe.

Reasons Why Inheritance Advice Is A Crucial Requirement

Thu, 27 Aug 2015 08:56:06 -0500

It is the sole responsibility of the person named as the executor to distribute the monies in a responsible manner when there is a situation where the deceased has had a will made. In cases where a solicitor or a bureau is handling the Will then they would have to talk to the beneficiaries in person. This will allow for proper and meticulous payment arrangement in a timely manner.

Wills And Trusts 101 - Part 2 Of 2: Estate Planning Primer

Wed, 12 Aug 2015 10:59:29 -0500

This week, we start off addressing the need of the every-day person to set up an estate plan. It's likely that many readers shy away at this idea, especially when reading that amorphous word-"estate." And, it's also as likely that many of us think that an estate plan is reserved for those who own multiple homes, a boat, numerous fancy vehicles, and loads of cash and jewelry stored away in some safe deposit box. But, that's not the case.

Reasons To Hire A Lawyer For Your Will Writing

Tue, 04 Aug 2015 13:18:55 -0500

Family feuds can be dangerous as far as dividing or sharing and managing property and money left by a deceased person is concerned. A will can however make all the difference for those you leave behind when you are gone because you guide them on how to handle everything that you have left behind. Writing a will is therefore very important but you also need to ensure that your will is valid and reasonable. A will lawyer can help you with the process and to guide you as well on your options in decision making, advice on the will and double checking to see that the will interprets your instructions correctly.

Wills And Trusts 101 - Part 1 Of 2

Fri, 24 Jul 2015 10:36:16 -0500

Wills and trusts are not the same thing. So, what's the difference?

The Threat to Your Foreign Real Estate

Thu, 23 Jul 2015 15:30:19 -0500

Foreign real estate is an effective asset protection strategy, but it's still vulnerable to legal proceedings. If you don't plan ahead, you could lose your offshore property to a little-known law.

Wills and Trusts - What Are the Differences?

Wed, 22 Jul 2015 11:06:07 -0500

With a will, it is cheaper to prepare but it can be expensive to probate. In many jurisdictions, according to estate law, this is a legally binding document, which will allow you to give your assets to a designated beneficiary or beneficiaries. Unfortunately, this usually does not happen until after the person of the will dies. A will executor carries out the distribution of their assets. After the creator dies, the will must go through probate.

What Happens to My Property If I Die Before My Divorce Is Final?

Thu, 16 Jul 2015 15:54:00 -0500

The purpose of this article is to reveal the potential problems that can arise when one spouse dies during the divorce process. Yes, death is a difficult topic to address, especially when coupled with divorce. But, the hard truth is that ignoring it does not make it go away.

Information About Contesting Wills in Australia

Wed, 15 Jul 2015 06:47:34 -0500

The Family Provision Act of Australia states that spouses, children, parents, or even de facto partners are entitled to file claims for not having been provided for adequately under a Will. You can also argue that the will was unfounded or certain conditions were not correct. Former spouses and de facto partners, grandchildren and step children may be eligible for claims depending on circumstances.

Do I Need a Will?

Mon, 29 Jun 2015 13:50:56 -0500

It is never a comfortable topic to consider, but everyone has to at some point. Learn whether you need a will to distribute your property when you pass.

Why Must You Have a Will - Malaysian Perspective

Thu, 07 May 2015 08:53:20 -0500

A will is a tool of financial planning which is only effective when the person who makes it dies. It helps to distribute your estate to your loved one.

Don't Have A Valid Will? Contact Estate Planning Lawyers Today!

Thu, 07 May 2015 06:35:17 -0500

Don't have a will? Estate planning lawyers can help ensure that your loved ones are taken care of after you're gone.

How A Tax Attorney Can Help You Take Care Of Your Family After You're Gone

Thu, 07 May 2015 06:26:40 -0500

Don't let the strangers decide the fate of your estate when you shuffle off this mortal coil. Have a tax attorney help you write your last will and testament today. Find out how here.

Understanding of Probate - The Process of Assets Transfer After a Person's Death

Tue, 05 May 2015 10:03:55 -0500

When someone dies, his or her assets should go through probate. The probate process includes collecting the deceased's assets, paying off liabilities and necessary taxes, and administering property to heirs as per the will.

5 Simple Tips for Creating Your Own Last Will and Testament

Tue, 27 Jan 2015 09:04:16 -0600

As time continues, many of us quickly start realizing that life will not last forever. The day will eventually come when we take our last breath and say our final goodbye. And when we do, everything we have collected and worked for will be left in the hands of a single document: your Last Will and Testament. But creating a Final Will can be a daunting and expensive task, especially for those who have no legal writing experience. That is why we have come up with this list of five simple tips to help you get started in creating your own Last Will and Testament.

Why It's Important to Plan Ahead

Wed, 14 Jan 2015 13:08:17 -0600

The former heavyweight boxing champion of the world Mike Tyson once said "everyone steps into the ring with a plan, until they get punched in the mouth." It makes a lot of sense when you think about it. Namely, most of us "think" we have a workable plan in place... until life throws us some sort of curve. Could this be you, especially if a healthcare crisis strikes you or a loved one from out-of-the-blue? With things such as the cost of nursing home care on a steady rise, having some sort of make-shift plan or worse no plan in place at all to protect things like your home and assets can wind up being a tragic oversight.

Why You Need an Attorney for Estate Planning

Mon, 15 Dec 2014 09:00:02 -0600

Estate planning is an essential responsibility for those who have enough foresight to realize that, well... we will eventually move on to whatever afterlife awaits us and leave our loved ones behind. Estate planning is also a legal procedure and, like most all legal procedures, can be ineffective or even detrimental if not done properly.

The New Year Is Approaching, What Will Issues and Concerns Will You Resolve?

Mon, 17 Nov 2014 09:11:34 -0600

This article is about which issues people tend to focus on for their New Years Resolutions and/or New Year's Positive Plan. The article is written from a legal perspective and addresses issues that can be resolved with good planning and set you up for a great New Year.

Superanuation and Your Will

Wed, 29 Oct 2014 06:59:22 -0500

If you are unsure if you are able to receive your partner's superannuation after they have passed away you might want to take a look at this article. The bottom line is to always consult a professional legal advisor but here are a few points to be aware of when preparing a will that you don't want to be contested.

Main Factors To Consider When Estate Planning

Mon, 13 Oct 2014 11:16:55 -0500

The main reason for undertaking an estate plan is to make sure assets are inherited by the right people, while attracting little tax. The best way to plan for these certainties, namely death and taxes, is through designing an estate plan. Ideally, a lawyer is recommended to help with the planning.

Will Forms

Wed, 01 Oct 2014 07:35:49 -0500

Will forms and estate planning documents include: Last Will and Testament, revocable living trust, trust agreement and living will. Choosing the correct will form is the first step. It is also very important to know the pitfalls and to avoid them.

Last Will

Tue, 30 Sep 2014 14:14:07 -0500

The Last Will and Testament is a directive of how you would like your estate to be handled. Guidelines and important tips on how to complete your last will to ensure that your wishes are adhered to.

How a Special Needs Trust Protects Your Child From Losing Government Benefits

Mon, 22 Sep 2014 14:37:12 -0500

Do you have a special needs child? Chances are, if you do, that special needs child is receiving much-needed government benefits. Those government benefits come in the way of several forms.

The Importance of Estate Planning For Your Peace of Mind

Thu, 18 Sep 2014 09:14:38 -0500

Estate planning is an important process, where you will be legally documenting your assets and property sharing decisions. Your 'Will' will be legally executed by your attorney after your death. Property planning can also be a crucial step to secure your financial future too, as almost all companies have abandoned the pension and retirement plans.

Avoid the Terry Schiavo Dilemma: Make Sure Your Estate Is in Order

Mon, 15 Sep 2014 11:14:27 -0500

Many people can remember the very public case of Terri Schiavo. For a brief period in time the case gripped the nation. However, had Terri taken a few steps early on, her case would have been like so many others and never been so scrutinized.

Couple Given Permission to Rip Up Trust Which Had Been Poorly Drafted

Fri, 29 Aug 2014 11:11:51 -0500

A married couple were allowed to destroy a trust which had been badly trusted, when a mistake meant that the wife could not benefit from it. The trust had been set up by her spouse some years ago, in order to be able to provide for his family if he died, using the bank to act as the trustee.

Ensure That Your Assets Reach the Right Beneficiaries With Estate Planning In Advance

Wed, 20 Aug 2014 07:47:58 -0500

Not many of us take up estate planning as seriously as we should. There is a common misconception among people that planning of estates is meant for only landlords, with wealthy and rich families. Well, that is not the fact!

The Proper Estate Planning Tips in Case of an Emergency!

Fri, 15 Aug 2014 09:57:39 -0500

The proper legal documents you need to protect your family. Information about how important a will, healthcare power of attorney and living will directive is. Understand how these documents can help your family in a time of great pain and how to have them completed correctly and make it cost-effective!

Why Making a Will Is An Important Task for Your Family And You

Thu, 31 Jul 2014 07:20:27 -0500

Will making is a legal procedure that will need an expert supervision. Willjini is one of the leading succession service providers who will help you in writing your own legal will with ease.

The Advantages of Making a Will Which Can Serve As a Catalyst for Preparing It

Tue, 22 Jul 2014 09:39:08 -0500

Like most legal documents, the importance of a will increases with its acceptance amongst authorities. Making a Will is a complete legal procedure and its advantages are many which make the preparation imperative on the part of the owner. But the legal responsibility for making a Will shouldn't be taken in a negative light and procrastinated about. Instead the very advantages of making a Will could be the single greatest catalyst for the preparation of a Will by the owner of the assets. Below are a few of the major advantages of making a Will that could be the catalyst for the owner to prepare it.

Ensuring The Benefits Of The Non-Emplyee Spouse In A Divorce

Wed, 16 Jul 2014 08:08:29 -0500

Specific instructions regarding distribution of the assets and transfer of the funds are vital for any divorce settlement agreement. In case as per the agreement the couple has agreed for 401K Divorce, the court has to issue a Qualified Domestic Relations Order (QDRO) that gives instructions regarding payment to be made to the non-employee spouse as the share of the plan benefits. This order provides the provision to separate the retirement account, withdraw money from the same without penalty and deposit the same into the retirement account of the non-employee spouse.

Making a Will? Read a Short History and the Benefits of Making a Will

Wed, 09 Jul 2014 08:13:11 -0500

Each individual with any asset should make a Will. Even if someone has insurance policy, he/she should make a Will thereby insurance claim can be distributed within family or else all such asset will be distributed as per succession laws.

What Does an Estate Lawyer Do?

Mon, 23 Jun 2014 10:04:41 -0500

Only 55% of Americans have wills. Most young people do not think they will need a will, or think it unlucky to have one. However, their families need the peace of mind that having a will or trust will provide.

The Commonwealth of Virginia Advance Health Care Directive Registry

Tue, 22 Apr 2014 14:09:52 -0500

Advance Directives are an important part of end of life planning. The most efficient way to secure an Advance Directive is through a secure, online registry.

How a Probate Attorney Help Resolve Estate Claims

Thu, 17 Apr 2014 07:48:16 -0500

There comes a time when certain home based issues cannot be solved by family members due to certain differences which prove quite complicated. In such cases a Probate Attorney is hired to come up with reasonable solutions.

Wills Vs Medical POA: A Will Attorney Explains The Difference

Thu, 03 Apr 2014 08:56:20 -0500

If you don't understand the difference between a living will and a medical power of attorney, you're not alone. Get an explanation from a will attorney so you know what each of these documents do.

Ways of Contesting a Last Will and Testament With Solutions to Stop It From Happening

Fri, 28 Mar 2014 14:40:03 -0500

One of the worst family situations must be when someone wants to contest a Will. The death of a family member is highly emotional and stressful at the best of times, so having your loved ones Will contested is not ideal.If you are aware of the circumstances in which a Will can be contested, then this will go along way in ensuring that your final wishes will indeed be final.

The 7 Reasons Why You Need A Last Will and Testament

Wed, 26 Mar 2014 10:38:23 -0500

Many people put off making a Will. Since no one knows when their time is up, I've noted the 7 main reasons why you should. You've worked hard to acquire your assets, don't leave your family unprotected, they'll thank you for it when you've gone!

Some Information About Breach Of Contract

Thu, 27 Feb 2014 07:51:25 -0600

The contract is nothing, but a legally enforceable agreement entered into between two parties. Each of them makes a guarantee to either perform a duty or pay a particular amount. If one of them do not perform the agreed upon duty or pay, the other party has the liberty to get a legal relief for the same.

Reasons Why Making a Will Is Important

Tue, 18 Feb 2014 07:35:46 -0600

For most people, making a will is something they'd rather not do because it forces them to confront the reality of death. As such, they keep putting it up until they die without one so to avoid any disputes after you're gone, read on to find out what you need to do to prepare a will to make sure your loved ones are taken care of even when you're no longer there to do it.

Not All Data Is the Same: Understanding Your Data Privacy Obligations in Legal Outsourcing

Mon, 10 Feb 2014 08:47:45 -0600

Legal Process Outsourcing (LPO) arrangements often involve the management of large volumes of personal information about an organization's customers or employees. Often, this information includes highly sensitive information, such as financial and medical data, payroll and benefits information, and even personal social security numbers.

Why Families With Special Needs Children Need To Set Up A Trust And Guardianship

Mon, 27 Jan 2014 08:43:14 -0600

Special needs children can require specific considerations in your will. Learn about why a special needs trust and guardianship is important for your family.

Tips From Elder Law Attorneys On Preparing Your Aging Parents For The Future

Mon, 27 Jan 2014 08:42:28 -0600

As your parents age, it's important to plan for the future. Here are some tips to make a sensitive conversation easier.

Living Wills Review: Five Reasons Why You Must Have A Living Will

Tue, 21 Jan 2014 16:22:00 -0600

Living wills and advance directives have lately become the hot topic of discussion with the case of the brain-dead pregnant women in Texas going to the courts to decide. While her individuals rights versus Texas state law makes for a heated debate, the real question for most Americans and Canadians should be 'What happens if you don't have a living will and the unthinkable happens?'

Elements And Conditions For A Valid Will

Wed, 15 Jan 2014 06:47:35 -0600

A document that contains the wishes of the person regarding the disposal of the property of such a person is known as Will. The property of a person is distributed among the heirs of the deceased by two methods - by testamentary succession and intestate succession. Intestate succession is the succession where the deceased dies without leaving behind any testament while testamentary succession is when the deceased on dying leaves behind a testament for the disposal of his property.

3 Reasons Why You Need Estate Attorneys

Tue, 17 Dec 2013 07:33:26 -0600

If you don't think you need estate attorneys, think again! Here are three common situations in which an attorney can help.

Understanding What Probate Attorneys Can Do For Your Family

Tue, 17 Dec 2013 07:31:30 -0600

If you've never gone through the estate planning process or been through the probate process following a loss in the family, you might not understand just what probate attorneys actually do. Learn more about what you can expect from this type of lawyer and why it's important to have one on your side when you're writing a will and going through probate procedures.

The Importance of Redoing Your Will at Marriage

Mon, 09 Dec 2013 13:18:10 -0600

If a person dies without protecting his or her current spouse in his or her will, the law will protect the surviving spouse. There are two ways the surviving spouse is protected, 1) if there is a valid will that does not protect the surviving spouse he or she may exercise the spousal elective share (a statute allowing him or her to elect to take a specified portion of the probate estate), 2) if the is no will or the will is found invalid, the surviving spouse will receive an intestate share (statutory system for the division of property without a will).

Why Joint Tenancy Is a Bad Idea for Estate Planning and Poor Replacement for a Living Trust

Tue, 12 Nov 2013 10:15:13 -0600

Estate planning is easy, right? Just rename your property to include all of the joint tenants you want to leave it too? Let me show you why this is one of the worst ideas ever!

5 Important Guardianship Questions To Consider

Tue, 12 Nov 2013 10:05:15 -0600

For anyone with children under the age of 18, establishing legal guardianship in a will is a difficult but vital task. In order to ensure your children are placed in the home of your choosing, here are five important questions to consider.

The Problems When Families Fall Out Over Inheritances

Thu, 24 Oct 2013 08:21:02 -0500

This article looks at the disputes sometimes caused by families who fall out over inheritances. It examines the case of Philip and Geoffrey Randall to highlight the importance of legal evidence of family circumstances before a member has deceased to determining the outcome of these problematic cases.

Bona Vacantia - The Unclaimed Millions

Wed, 23 Oct 2013 15:59:12 -0500

This article highlights the problem of 'Bona Vacantia', or vacant goods. It stresses the importance of registering a will so that one's worldly goods do not end up going to the monarchy, as medieval tradition dictates, upon death. By registering a will cheaply and easily, one has the say over where their possessions will go.

Registering a Will: Much More Than Just Possessions

Wed, 23 Oct 2013 15:37:47 -0500

This article highlights the importance of registering a will. It outlines how wills are not used simply to indicate where one's possessions will end up after death - in fact, it can also enable one to have a say upon preferrences including whether they are buried or cremated. On top of this, wills can assist in avoiding situations where remaining family members are left struggling financially. Otherwise, this can lead to hardship and complications which could have easily been avoided.

Is a Will Kit a Smart Option?

Fri, 18 Oct 2013 07:30:27 -0500

Using an online Do-it-yourself will kit may seem like a cheap and easy alternative to seeking legal advice from a specialized legal advice but what are the downfalls? This article discusses the potential problems with discount will kits.

Naming Of Guardianship In Wills

Thu, 10 Oct 2013 07:22:16 -0500

When there are minor children, a Will should always be used to name a guardian(s) of their persons and property. This guardian is who will be taking care of them in your absence and will also have control over their finances, both from you and for their well being. This guardian that you appoint, needless to say, is someone that you must be able to trust completely with your children and someone who will make sure that they are cared for in the way that you have planned.

Living Wills And Other Advanced Directives - Problems And Perspectives

Wed, 09 Oct 2013 07:34:11 -0500

The 'living will' was the first advance directive and the best known. You use a living will to describe the kind of medical treatments or life-sustaining treatments you would want - or don't want - if you become seriously or terminally ill. But a key point here is that a living will doesn't let you select someone to make decisions for you.

Introduction to the Power of Attorney Form

Fri, 20 Sep 2013 11:33:45 -0500

A Power of Attorney form refers to a lawful certificate that confirms the formation of a relationship among two persons, called an agent and a principal. This document allows the principal to authorize an agent to work on his behalf. There are many kinds of Power of Attorney.

The Blended Family Living Trust - Coping With Multiple Marriage Estate Planning Issues

Wed, 11 Sep 2013 09:09:54 -0500

Sure it's easy if you've been married once. If I pass away, give it to my wife and kids. But this just isn't the case if you've been married more than once. You own a rental and want to give it to your first marriage kids, but then how do you divy up the new house with the new kids. We'll cover all of this in The Blended Family Trust - Coping with Multiple Marriage Estate Planning Issues.

The Importance Of A Will: Lawyers Explain Its Necessity

Wed, 04 Sep 2013 08:44:44 -0500

It's easy to overlook the importance of a will, but in its absence, the heirs of an estate could end up in court for years. Without this precaution in place, any number of things could go wrong.

The Benefits of Contract Management and Abstraction Services

Mon, 26 Aug 2013 11:47:23 -0500

Legal departments and law firms alike have hundreds or thousands of paper contracts stored in file cabinets or saved as spreadsheets. This type of storage system is cumbersome and does not ensure that key dates and payment terms are met and that certain key terms or clauses are implemented.

What Is Estate Planning and Why Should I Do It?

Thu, 25 Jul 2013 10:32:35 -0500

Everyone tells you that estate planning is a necessity, and yet no one really details exactly what estate planning is or what the goals of planning your estate should be. This article details the what and why of estate planning in Canada.

Why Estate Planning and Wills Should Be Your Concern Now

Mon, 08 Jul 2013 09:32:02 -0500

Despite the importance of planning one's estate early and with the help of knowledgeable legal representation, many people neglect to complete their will in a timely manner. This article outlines the importance of planning an estate early and with the help of a professional.

Executor Of Will, Probate And Much More-You Need To Be Attentive About All These Legal Terms

Tue, 25 Jun 2013 13:35:37 -0500

There are some legal terms which should be understood by every citizen. Because, the lack of this knowledge can make you pay heavy penalties. Here, I'm discussing the legal terms in a very simple language to make everyone understand them.

Ways To Do A Will And Testament

Thu, 13 Jun 2013 14:42:15 -0500

Need to create a Last Will and Testament or thinking about it? This is a succinct and to the point description which outlines the various options that are available for making out your Will and Testament. It gives a simple and straight forward explanation of what you can expect with each of these choices.

Find Help and Advice in Making a Will

Mon, 03 Jun 2013 14:04:12 -0500

Upon a will being created it is important that none of the members of the will feel that they have been hard done by and that the will is fair to all parties. Obtaining professional assistance will help you understand all of the problems that you could face and find the best way to avoid these problems.

How to Find a Reliable Estate Planning Lawyer

Thu, 30 May 2013 13:04:36 -0500

An estate planning attorney is your best source if you want professional assistance regarding preparing your will and other important documents. Read this short guide and be informed about how you can find a reliable lawyer in your area.

Smart Estate Planning: Living Trust or Last Will and Testament

Fri, 17 May 2013 08:39:28 -0500

Living Trust or Last Will and Testament? Which is best for you and why? Smart estate planning begins here.

What Happens If You Die Without Making a Will?

Thu, 02 May 2013 09:06:46 -0500

A person is said to die intestate when no effective will has been left to dispose of the person's property on death. The person may die totally intestate or partially intestate which is when a will disposes of only part of the person's property. In either case, there are rules which define the distribution of the person's property in the absence of an effective will.

End of Life Decisions That Count

Thu, 28 Mar 2013 16:37:50 -0500

Advance Medical Directive also known by the name of living will, personal directive, or advance healthcare directive is a set of instructions that define the health care parameters in case you are not able to make decisions on your own due to illness or incapacitation. These instructions usually involve the appointment of a person for making health related decisions on behalf of the incapacitated person.

What Is Guardianship? Rights And Responsibilities

Wed, 27 Mar 2013 10:52:12 -0500

Guardianship, which is also referred to as conservatorship, is a legal process that places a "guardian" in charge of making important decisions regarding assets, medical treatment, and more, when a person can no longer make or communicate decisions about his/her own person and/or property. Guardianship can also be an appropriate solution when a person has become susceptible to fraud or undue influence. However, it is important to note that establishing a guardianship may take away certain significant rights from an individual.

Estate Planning: More Than Just Having a Will

Thu, 14 Mar 2013 17:34:21 -0500

Preparing for one's death is also about making sure that the property he will leave behind goes to the rightful and deserving persons. To make sure that everything will be in place in case of one's death or incapacity, there has to be careful estate planning.

Passwords, Calendars and Files, Oh My!

Tue, 12 Mar 2013 09:52:46 -0500

If your spouse were to die tomorrow, would you know their passwords to important online financial data like bank accounts, life insurance or billing? Since we are living in a electronic world, most of our important documents are stored online or in folders in our computer. These accounts use usernames and passwords to secure the information.

If You Are Concerned About Preparation for Your Will

Thu, 07 Feb 2013 09:48:52 -0600

If you are concerned about preparation for your will - there is hope for you. Many places will prepare with supplies that shall help you legalize the papers for your last will and testament. Having a will has to be done right and you have to use the proper papers for legal wills. Therefore, purchasing will paper is a necessity. This is legal paper which is made specifically for wills. You can also purchase legal stationery and legal office supplies which assist you with planning your will.

Making of a Will - The Basics

Tue, 05 Feb 2013 11:04:17 -0600

Making of a will is something that anyone can do. Just keep in mind a few key pointers, and don't try and make it too fancy.

Durable Powers of Attorney in Wills and Estate Planning

Mon, 04 Feb 2013 10:29:00 -0600

Wills, estate planning, living trusts, and powers of attorney are just some legal documents you must draft as soon as possible. These will help you cope with unforeseen circumstances, such as a sudden illness, an accident, a death of a spouse, and other life-changing events.

Planning for Incapacity: Control Your Fate

Thu, 24 Jan 2013 09:01:32 -0600

Many people consider having a Will, but what if you don't die? Planning for incapacity is just as important as planning for your demise -- maybe even more so. Incapacity can last for a long time. Are you and your loved ones prepared?

Reasons Why It Is Important to Assign Someone Power of Attorney

Tue, 15 Jan 2013 08:56:21 -0600

Power of attorney (POA) is a written, authorized contract in which an individual, the principal, grants another individual, the agent, the authority to act on the principal's behalf in regard to private, business, or financial decisions. Durable, statutory, and medical are the valuable assortments of power of attorney that are available at present.

When There's a Will There's a Way

Wed, 09 Jan 2013 14:05:26 -0600

A will and a Testament are the same thing so your Last Will and Testament means it is the last document of declaration of possessions you made - it nullifies all others made before it. The importance of having a will is to enable your family to take control of your affairs when you die. Writing a will is simple and is crucial to your peace of mind and that of your family.

Living Trusts - Do They Reduce Estate Taxes?

Fri, 21 Dec 2012 11:54:44 -0600

When properly drafted they do! While living trusts have nothing to do with one's real estate tax bills, they can be well crafted to reduce these estate taxes or avoid them entirely. A couple can transfer the ownership of their property into a trust and then act as the trustees of this document. Both the husband and the wife can serve as co-trustees of the property so that when one spouse dies, the other can still be able to manage the living trust and; thus, avoid expensive estate tax bills.

Wills, Trusts and Probates in Estate Planning

Thu, 20 Dec 2012 14:15:05 -0600

Ask your estate lawyers for assistance in planning your estate. Draw up your last will and testament as early as possible before your death or write a living will when you know you have a terminal illness. Finally, create a revocable living trust to avoid paying expensive fees during the probate process and to transfer properties to your beneficiaries faster.

Understanding Living Wills

Mon, 03 Dec 2012 15:30:15 -0600

Although it is a crucial document that can prevent stress and confusion during an already difficult time, many people are unaware of the purpose and contents addressed within a living will. However, the need for this document can arise for anyone, at any time, with little or no warning. Thus education about living wills is imperative to everyone, regardless of age or health.