When dealing with divorce and its impact on children, one of the best potential ways to mitigate complications is through the use of certain custody measures. Joint custody, for example, can help a child through the years following a split. But is this an actually...
If you are a personal representative of an estate or appointed as a fiduciary, you have the same general responsibilities. You must act in the best interests of the party who gave you the fiduciary duties. Cornell Law School explains a fiduciary duty is when one...
Even though most Americans have assets they want to protect, an alarmingly low number of them do not have a will. In fact, according to a recent Gallup survey, only 46% of adults in the U.S. claim to have a basic will on file. Interestingly, though, many millennials...
If your elderly parents have written an estate plan, you are probably grateful. After all, trying to figure out their wishes without some guidance can be extremely challenging. Still, if someone has unduly influenced your father and mother, you probably cannot trust...
Estate planning can serve as a problem in numerous ways that may surprise a person who is not prepared to face these issues. For example, estate plans can often rekindle old sibling rivalries or even start new disputes. But how and why? The ignition of past rivalries...
Texas residents may speed up their asset distribution by adding heirs to their financial accounts. You could review and choose those financial institutions that allow clients to name beneficiaries or add joint owners to their accounts. You may also consider creating a...
People write wills and other estate planning documents hoping their friends and family will respect their wishes regarding their assets and other end-of-life decisions. Heartbreakingly, this is not always the case. For many different reasons, some estates end up in...