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Tag Archives: Probate
What are the Benefits of a Living Trust? – Estate Planning Basics
It is time again to get back to basics. You want an estate plan, but why go to the trouble of setting up a living trust? It may not be a good fit for everyone, but a living trust … Continue reading
Posted in Estate Planning, Estate Planning Basics, Incapacity Planning, Living Trusts, Probate
Tagged Estate Planning, Estate Planning Basics, Incapacity Planning, Living Trust, Probate, Wills
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Heirs Denied Access to Digital Assets After Death?
In another example of how the law has not kept up with technology, your digital assets may be at risk after death. An article from the AFP news service explains some of the problems that occur with on-line assets … Continue reading
Posted in Estate Planning, Living Trusts, Probate
Tagged Digital Assets, Estate Planning, Heirs, Probate
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Probate Dispute Over Warhol Portrait of Farrah
The estate of Farrah Fawcett is seeing a large amount of legal wrangling. Farrah left her painting collection to the University of Texas. Ryan O’Neal has possession of a famous portrait of Farrah by Andy Warhol. O’Neal claims Warhol gave … Continue reading
Posted in Celebrity Probates, Charitable Giving, Estate Planning, Probate
Tagged Andy Warhol, Celebrity Probates, Charitable Giving, Farrah Fawcett, Personal Property, Probate, University of Texas
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Jackson Estate: $30 Million to Mother, Children & Charities
The Michael Jackson Estate reports that it has earned $310 million since the King of Pop’s death. Here is an excerpt from Forbes: The executors of Michael Jackson’s estate say they will distribute $30 million to the Jackson Family … Continue reading
Posted in Celebrity Probates, Estate Planning, Probate, Wills
Tagged Celebrity Probates, Distributions, Michael Jackson Estate, Probate
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Hidden Perils of Refinancing
Be informed when refinancing a home in a living trust. The secret is out. Refinancing contains hidden perils for homes in revocable trusts. Recently I received a call from a client who fortunately had the good sense to question what … Continue reading
Posted in Estate Planning, Law, Living Trusts, Probate, Real Estate, Trust Funding
Tagged Estate Planning, Living Trust, Probate, Property Deeds, Real Estate, Trust Funding, Updates
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Holograms, Holographs and Freedom
A democracy must have laws. We love to complain about laws, but the first thing a tyrant does when he gets control is tear up the existing rules. A democracy also needs men and women who are willing to stand … Continue reading
Posted in Estate Planning, Holographic Wills, Law, Probate, Wills
Tagged Estate Planning, Freedom, Hologram, Holographic Wills, Memorial Day, Patriotic Duty, Probate, Rights, Rule of Law, Soldiers, Veterans, Wills
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How to Fund a Living Trust, Part 1
Funding a living trust refers to transferring assets into the trust. If a trust is a box then funding the trust means putting assets into the box. For assets that are titled, such as real estate, accounts, stocks and bonds, … Continue reading
Posted in Estate Planning, Living Trusts, Probate, Real Estate, Trust Funding
Tagged automobiles, Bank accounts, Estate Planning, life insurance, Probate, Property Deeds, Real Estate, Retirement Accounts, Trust Funding
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