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Children don’t have the right to inherit, and a father has every right to leave his kid or kids out of his will, says the article, “Your parent left you out of their will: What now?” from New Jersey 101.5. If the father is competent and not being unduly influenced by his current wife, he can decide to leave out the child from his first marriage. A husband frequently leaves everything to a spouse, even if it’s a second marriage. In some instances, a father may feel he’s being fair by leaving a child out of his will. It could be that the child from his first marriage is significantly older than the children from his second marriage. Perhaps he paid for the education of that older child or even put a down payment on the first home of that child. In light of this, the father may believe he must leave the rest of his estate to his other younger children in order to put them in the same position as his first child. Or maybe the father feels comfortable that his oldest child is successful in life and that his half-siblings are more needy. Another scenario might be that the father provided for the child from his first marriage in some other manner, such as by naming him as a beneficiary of a life insurance policy, IRA, or other payable on death account that does not pass under the will. Otherwise, if the father is competent, there is little a disinherited child can do. Upon the father’s death, a child could contest the will, claiming undue influence by his new wife. Reference: New Jersey 101.5 (November 19, 2015) “Your parent left you out of their will: What now?“ #EstatePlanningLawyer #HoustonEstatePlanning #WillChanges #HoustonWills #ProbateCourt #Inheritance #HoustonProbate #HoustonTrustsandEstates

The gift will also provide $400,000 for Reach out and Read Kansas City. That program partners with doctors to provide books for children and to encourage parents to read to them. “Small towns aren’t as isolated now as when I grew up,” Michael Cummings said. “But there’s still a difference in resources that are available and in the kind of things you become aware of. I’m hoping this scholarship will help some people who will have a similar experience to what I have had, which is to find a career that wasn’t on their radar and from there to end up with a wonderful and fulfilling career.” Cummings’ wife, Pamela Miller said the scholarship expresses their gratitude to KU for making Michael’s career possible. “I know how much he loves what he does and how good he is at it, and his career has brought tremendous benefit to our lives,” she said. “In turn we can help make a difference. We can not only pay back, but we also can pay forward.” “We are grateful to Michael and Pamela for their love of our school,” said Dean Mahesh Daas. “This scholarship will give students who come from rural communities the opportunity to become part of the vision we have for all of our students, and that is that each should become a pioneering force for achieving global impact through design.” Their gift for Reach Out and Read Kansas City shows the Cummings’ lifelong interest in books. Pamela said that Reach out and Read Kansas City is a win-win for children. It’s a nonprofit program at the KU Medical Center, which is a member of the national Reach Out and Read Program. Reference: University of Kansas (January 11, 2016) “A passion for architecture, reading sparks $2 million estate gift” #CharitableDonation #HoustonEstatePlanningLawyer #HoustonPowerofAttorney

If you plan on both being owners and taking part in the day-to-day management of the business, a partnership This could come into play during a divorce, the untimely passing of a spouse, or if one of you simply

Typically, if the value of the donated property for which you plan to claim a deduction is greater than

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An adult aunt, uncle, niece, or nephew of the patient; A close friend to the patient; An agent with financial This is an important document to have, so discuss its ramifications with an estate planning attorney and ask about other estate planning documents such as wills, durable powers of attorney for finances,

two days before he took his own life, accused sex trafficker Jeffrey Epstein executed a new estate plan glimpse at what assets might be available to his alleged victims but also keeps many things about his finances One of the important things an estate plan does is ensure that the deceased person’s creditors are paid One of the main reasons people use trusts to do estate planning is because they provide a shield from

The probate court can assist the executor with completing the necessary forms, or an estate planning

common way to avoid probate (the legal process of settling an estate when somebody passes away) and plan Thus, LLCs can also serve as tools in the estate planning process. the ramifications, for example, whether the heirs are prepared to become business owners and if this plan

Quick Guide,” explains that there are various types of trust funds that can serve as useful estate-planning Trust funds can be a big element in your estate-planning strategy, so talk with a qualified trust attorney

lawyer, I cannot state emphatically enough how important it is for all parents to create a comprehensive plan

To help you do just that, our special needs planning lawyers have put together a guide to walk you through Consider consulting with an attorney experienced in special needs planning to ensure it covers all basis