Posts by MeurerLawAdmin

A will is a legal document in which an individual expresses their wishes as to how their property will be distributed upon death. However, many people avoid writing wills because they don’t know much about probate, trusts, and wills. Here are some common myths about wills you should avoid. If someone dies without a will,…

Dying intestate means you pass on without a will and the intestacy laws of your state determine the distribution of your property. While these laws vary greatly between states, in most cases, your real estate is distributed to your “heirs” in split shares. For example, if you’re married and have children, they will inherit your…

There is a wide range of reasons why a will might be contested. Among the most frustrating for beneficiaries, and one never intended by the person making that Will, is for the formalities – or technicalities, if you prefer – to be at fault. Problems can include a lack of proper notarization, incorrect paperwork, or…

It may be; particularly for estates of less than $100K and with adult off-spring beneficiaries with no Special Needs. However, Simple Wills do usually require court supervision. Among the key reasons for this is oversight of property transfer to beneficiaries. This leads to court costs, plus legal and executor’s fees, estimated at over 4% of…

This is a way of adding specific information to your will without making it of excessive length. It also allows you to make later changes without having to work through what can be an extremely drawn-out process. Your Memo of Personal Property allows you to bequeath items to individual heirs. You can include items such…

When it comes to choosing an estate planning law firm, these are the 3 main factors to consider. Experience The longer an estate planning law firm has been operational, the greater experience they have, gained from handling similar cases in the past. Reputation Any reputable estate planning attorney and law firm will have tons of…

Hiring an estate planner is the best decision you can ever make when selling property. Estate planning attorneys are advantageous since they help you carry out sales smoothly and also deal with unplanned variables. Here are some reasons why you should hire an estate planning attorney. They are experienced; therefore, they can handle real estate…

You’ve worked hard to build wealth. Working with an estate planning attorney will ensure you have the peace and security of mind that your wealth is being taken care of. A well-rounded asset protection strategy includes: Insurance: Be sure your current policies adequately protect your assets. Beyond liability coverage, you should also have an umbrella…

Estate planning should start at an early age since it helps you determine who inherits your property after your death. When hiring an estate planning attorney, you should settle on a well-experienced lawyer. Here are some tips to help you hire the best estate, planner. Establish what exactly you require from the attorney. Learn more…

If you have a loved one who has a disability, then you’ll want to plan effectively for their future. A range of possible strategies are available, and these include… Giving another individual the power to act on their behalf through a Guardianship or Conservatorship. Planning for their medical treatment and care, housing and education needs,…