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Even with wills and trusts in place, tension can run incredibly high.

might also look into passing equal shares to each child but placing the share of the needy offspring in trust

couple A record of filing taxes jointly as husband and wife Any written documents such as wills or trusts Lawyers can also review existing documents like wills and trusts , which might contain language indicating

When in doubt, it is best to work with a trusted Medicaid planning attorney from the start.

Without a will, the judge appoints an administrator to your estate and decides who gets what based on Create a living trust.

Luckily, this situation can be prevented through the use of Special Needs Trusts, or Supplemental Needs Trusts, when putting your estate planning in place.

For the purposes of wills and trusts that provide gifts or distributions, the rights of adopted and biological offspring are identical – even if the child was adopted after the will or trust was executed.

If an emergency should occur, you will want to have a trusted individual make decisions on your behalf

practice of elder law—often thought of as estate planning (wills and powers of attorney) and estate administration

For an accurate estimate based on your region, inflation, and other factors, talk with a trusted insurance not know that estate planning attorneys often work with insurance agents to provide their clients a trusted

The County Treasurer Kurt Prenzler said he was ordered by the probate court to pay the heirs in Mary Petroff’s $1.36 million estate. Four dozen family members from Granite City to Bulgaria will receive the money left behind by the 97-year-old woman who died in 2011. Mary and her sister didn’t marry, and in their 90s, they began to suffer from dementia. Each was appointed a legal guardian. When Anne died in 2009, her estate passed on to Mary. Both sisters lived a modest life. After Mary passed away, the state of Illinois discovered she was a millionaire with no known heirs or will. Prenzler said following Mary’s death, her estate was placed with his office for safekeeping in accordance with Illinois law, which stipulates that unclaimed monies are kept in the county for a period of 10 years before being turned over to the state. However, in Mary’s case, there were people who came forward and claimed to be her relatives. The familial relationship was determined last month by a probate judge. Then the County Treasurer’s Office cut checks for 48 relatives. Mary’s heirs will receive anywhere from about $3,000 to $110,000 from her estate. The largest amount of the estate will be headed to Mary’s relatives in Bulgaria. An attorney who was tasked with distributing the checks for his clients—most of whom are from Bulgaria—commented that the laws regarding estates are different in each state. If Mary had lived in Missouri, mostly likely the distribution would have gone to fewer family members. Reference: The (Alton IL) Telegraph (January 25, 2016) “Treasurer distributes Granite City millionaire maiden’s fortune” #Intestacy #HoustonGuardianship #TrustsandEstates #HoustonEstatePlanning #HoustonWills #Probate #ProbateCourt #Inheritance

A qualified trusts and estates lawyer can also help you deal with planning for minor children and those