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Profit Law Firm
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Executors often want to address past grievances that some family members have with each other. They cannot always do so. Continue reading
Posted 13 hours ago at Profit Law Firm
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When parents are about to retire, they need to think about more than just finances and healthcare. They also need to have legal documents prepared, so that their children can help them when necessary. Continue reading
Posted yesterday at Profit Law Firm
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Parents are often very reluctant to discuss the parents' financial situation with their grown children. It is important to do so for things to go smoothly later. Continue reading
Posted 2 days ago at Profit Law Firm
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Family litigation over an estate can be very nasty and often leads to permanent rifts between family members. To help mitigate this possibility, many courts prefer to send litigants to mediation. Continue reading
Posted 4 days ago at Profit Law Firm
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Courts in many states today are reviving the old concept of common law marriage. However, not every state is which creates the need for estate planning for couples who consider themselves to be common law spouses. Continue reading
Posted 5 days ago at Profit Law Firm
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If courts are not adequate watchdogs of the guardians of the elderly, it can result in the elderly losing everything with little legal remedy. Continue reading
Posted Nov 10, 2017 at Profit Law Firm
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Researchers have discovered that a poor sense of smell might be a sign of upcoming dementia. Continue reading
Posted Nov 9, 2017 at Profit Law Firm
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The Treasury Department has decided that the much dreaded Section 2704 estate tax rules are unworkable. Continue reading
Posted Nov 8, 2017 at Profit Law Firm
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It is not always the best idea to name a close family member to be the executor of your estate. It can cause problems, as was the case for Jerry Garcia's estate. Continue reading
Posted Nov 7, 2017 at Profit Law Firm
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People have been known to be declared deceased prematurely because of clerical errors made by government employees. For one Spanish woman, that has caused a nightmare. Continue reading
Posted Nov 6, 2017 at Profit Law Firm
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Estate planning is about more than just figuring out what happens to your possessions when you pass away. It is also about what happens to your family. Continue reading
Posted Nov 2, 2017 at Profit Law Firm
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A misconception is going around about estate planning, is that wills do not have to go through the probate process. Continue reading
Posted Nov 1, 2017 at Profit Law Firm
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Many people who were well known in their own time, get forgotten by history. A pair of brothers likes to seek the graves of those people and talk about their stories. They are getting a TV show about it. Continue reading
Posted Oct 31, 2017 at Profit Law Firm
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Public pensions all over the U.S. are facing severe underfunding problems. Continue reading
Posted Oct 30, 2017 at Profit Law Firm
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When families fight over estates, it is not always over things of great importance. They often fight over the little things. Continue reading
Posted Oct 29, 2017 at Profit Law Firm
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When families fight over estates, it is not always over things of great importance. They often fight over the little things. Continue reading
Posted Oct 29, 2017 at Profit Law Firm
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Trusts used to be viewed as a tool for the wealthy. That is no longer the case. Continue reading
Posted Oct 26, 2017 at Profit Law Firm
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Special needs trusts are vital for the support of people with disabilities. They are not perfect, however, as it can be difficult for a beneficiary to change the trustee. Continue reading
Posted Oct 25, 2017 at Profit Law Firm
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For its role in administering an estate, JPMorgan was sued for damages by the widow and two stepchildren. A jury awarded the plaintiffs $4 billion in punitive damages. Continue reading
Posted Oct 24, 2017 at Profit Law Firm
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For the last few months, there has been speculation about whether President Trump and the GOP would attempt to repeal the estate tax or drop the idea to focus on other tax ideas. For now, they have indicated that an estate tax repeal is still in the works. Continue reading
Posted Oct 23, 2017 at Profit Law Firm
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One of the most frustrating things about estate planning, is that people assume that there is always time to do it later. That leads to putting off important estate planning, until it is too late. Continue reading
Posted Oct 21, 2017 at Profit Law Firm
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Social Security has a little known program that can help families with elderly members who are not able to handle their own finances. Continue reading
Posted Oct 20, 2017 at Profit Law Firm
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If you inherit something through a will, you cannot just take the will to the bank and demand they give you the contents of a bank account. Continue reading
Posted Oct 19, 2017 at Profit Law Firm
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Experts predict that the estate tax exemption for 2018 will increase slightly to $5.49 million for a single person and $10.98 million for couples. Continue reading
Posted Oct 18, 2017 at Profit Law Firm
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It is not all that unusual for a child to not live up to the expectations of parents. Sometimes parents will be so disappointed when that happens, that they will attempt to cut the child out of their estate plans. They might want to reconsider. Continue reading
Posted Oct 13, 2017 at Profit Law Firm