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- Review Your Old Trusts
This is just one example of why it is important to review your estate plan with an attorney every few You want to make sure your estate plan is always ideal given the current estate laws, not older out of Make no estate plans or changes to your current estate planning without the prudent guidance of a qualified estate planning attorney.
- Discover Hidden Savings for Businesses and Individuals
The article, “Money-saving financial tips for individuals and companies,” says that the unique feature Reference: Smart Business (December 2, 2015) “Money-saving financial tips for individuals and companies
- DON’T NEGLECT YOUR LONG-TERM CARE NEEDS IN YOUR ESTATE PLAN
care will be needed by the majority and is not covered by Medicare, it is important to have an estate plan Estate planning can help Many people do not want (or need) the institutional (and somewhat depressing However, long-term care is quite pricey, especially if it is not properly planned for. However, proper estate planning, which may include Medicaid planning, long-term care insurance and other To learn about your options, contact an experienced estate planning attorney.
- Which Trust is Right for Me?
Talk with an experienced estate planning attorney to see if this might be applicable for your family.
- Construction Giant’s Numerous Will Changes Cause Chaos with Children
But the children’s attorneys disagree and plan to appeal. The kids’ attorneys plan to appeal the ruling because the previous wills show undue influence and how signature: the only witnesses present for the will signing were company employees or officers who had a financial
- “Super Bad” Battle Still Raging over James Brown’s Estate
While the settlement fully resolves the Will contest claims of James’ children, the fight is far from over. Brown’s wife, Tomi Rae Hynie, is still contesting the Will, making the status of the Will’s validity still unresolved. About a year ago, the South Carolina Supreme Court put everything on hold. Now the only thing still in progress is the question of whether or not Tomi Rae Hynie is the legal spouse of James Brown. That issue is being heard by the Court of Appeals. It is the one issue where all the Brown children are united: they want the judge’s ruling that Tomi was Brown’s spouse overturned. If she’s his wife, she controls the money flow from Brown’s copyrights. That’s money that should go into a trust, according to the Will. If Tomi Rae isn’t Brown’s wife, the kids control that money. If the appellate court rules that Tomi Rae is indeed the legal wife of James Brown, then they’d have to next determine if the prenuptial agreement is valid. The court could hold that she’s not the wife, or they could decide it’s a jury issue. If so, this could go on for years. As it stands now, the four adult children named in the settlement would keep the property Brown wanted them to have, remove the Will contest clause, and give them $147,000 collectively. As a part of the deal, they’ll cooperate with the estate and end their legal fight. Reference: WRDW.com (January 26, 2016) “James Brown Estate: What a settlement means for other pending lawsuits” #Pearland #ProbateAttorney #HoustonEstatePlanning #HoustonWills #Friendswood #Probate #ProbateCourt #Inheritance #Clearlake #HoustonEstatePlanningLawyer #Webster
- DOES PAYABLE-ON-DEATH NEGATE THE NEED FOR WILLS AND TRUSTS ADMINISTRATION IN TEXAS?
it is reasonable to consider using the payable-on-death option or beneficiary designation, an estate planning
- Victory for Media Mogul Sumner Redstone
Herzer’s ouster from Redstone’s Beverly Park home last fall and robbed her of the $70 million that he planned
- Important Victory for Salinger Heirs
Contact a qualified estate planning attorney if you own any intellectual property rights.
- Celebrity Probate Mishaps: What Can We Learn From Them?
No one ever intends to leave a mess behind when they die, but a little estate planning can ensure that The pop icon died unexpectedly in 2016, leaving no will and no estate plan. Creating an estate plan can protect your legacy and avoid unnecessary legal and probate costs. If you are beginning the estate planning process or updating your plans, Your Legacy Legal Care offers comprehensive estate planning services that can ensure you avoid a costly probate process.
- Murder in the Spotlight in New York Will Contest
Dawn, who was just three years old when tragedy struck, claims her aunts’ recent accusation that her dad was responsible for the unsolved murder was intentionally hurtful and has no bearing on their fight over the estate. An article from DNA Info entitled, “Keep My Mother’s Murder out of Our Family Court Battle, Daughter Says,” explains that Dawn and her two aunts are fighting over the will of her grandmother and their mother, Marcia. The aunts claim that Dawn and her dad and lawyer Mitchell Lapidus stole at least $10 million in the last years of Marcia’s life, when she was mentally incapacitated. The aunts believe that Franklin Mark hired a hit man to kill his wife, Gail, in 1982. The two brought up the murder in the court case because they want to depose Lapidus, who helped draft Marcia’s final will. The will leaves $8 million to the United States Holocaust Memorial Museum and the remainder of her estate to Dawn, according to court records. Whether the tactics will work in challenging the will remain to be seen, but the New York Police Department re-opened an investigation into the murder after the website’s story. Reference: DNA Info (November 19, 2015) “Keep My Mother’s Murder Out of Our Family Court Battle, Daughter Says” #EstatePlanningLawyer #ProbateAttorney #HoustonEstatePlanning #WillChanges #HoustonWills #ProbateCourt #Inheritance #HoustonProbate
- Can Your Parent’s Estate Go to Probate?
Things can get trickier if the individual who passes does not have a will and a clear, legal estate plan