The distribution of an estate’s assets may end up delayed in probate court due to a variety of different issues. Sometimes, people raise concerns about the behavior of the representative of the estate and ask the courts to intervene. Other times, creditor claims...
Better Solutions For Your Family, Future And Finances.
Year: 2023
Testamentary capacity and the ability to create a valid will
Too often, elderly people who have procrastinated in creating a will believe it’s too late to do so. They’re afraid it will be disputed because loved ones will claim that they were too “senile” to understand the wishes they documented. In legal terms, such disputes...
3 warning signs your business partnership is likely to fail
When it comes to picking a business partner, you have to be savvy in your quest. The last thing you want is to team up with a partner who does not share the same ideals as you. Sometimes, however, things don’t always go to plan. So how do you know the business...
How a power of attorney can protect people from guardianship
It is a well-known fact that many people experience cognitive decline as they age. Some older adults develop Alzheimer's disease or other medical conditions that cause dementia. Many others simply struggle to remain organized and to handle their responsibilities as...
6 questions to ask when making estate plans
Have you recently been asked if you have an estate plan? An estate plan is a series of legal documents that, essentially, instruct how your assets are handled after you pass away. Before you draft an estate plan, you may want to consider asking the following...
4 trusts to think about including in your estate plans
An estate plan gives you many opportunities to plan out what happens to your estate after your passing. While many people only create a will to instruct who should benefit from their estate, some people create trusts to provide their estates with more security. There...
What occurs during a shareholder freeze-out?
Shareholders typically play a very important role at a corporate entity. They invest in the business, which helps the company grow. They also have certain rights that can help influence the direction that the company takes. Shareholders may attend meetings where they...
What’s the best strategy for dissolving a business partnership?
In the ever-changing business landscape, partnerships sometimes reach a point where they no longer align with the goals and vision of the involved parties. When this happens, it can become necessary to dissolve the partnership and explore new opportunities that better...
Will you have to pay your parents’ debts during probate?
When your parents pass away, they have remaining debt. Maybe you and your siblings discover that they owe a significant amount of money on credit cards, they still have a mortgage on their house and they have other outstanding debts they haven’t paid. This could even...
Farmers have unique estate planning considerations
Estate planning is a crucial task for everyone, but it features unique complexities for farmers. In addition to personal assets, farmers must consider many other factors, including land, livestock, equipment and, often, a deeply rooted family legacy. This intricacy is...