In order to make a valid will, it is crucial that you satisfy certain legal requirements. One of these is the testamentary capacity to sign the will. Basically, this means that you need to be of sound mind, memory and understanding at the time of signing your will. A...
Month: June 2023
Unlocking Financial Security: How A Special Needs Trust Works
Trying to ensure the long-term care and financial security of a loved one with special needs can result in unique estate planning challenges. It requires careful consideration to strike a balance between providing support and preserving crucial government benefits....
Should Your Personal Representative Be Financially Stable?
When creating an estate plan, you will consider different factors, including the party that will ensure your wishes are fulfilled and manage your property before distribution. Personal representatives play an integral part in estate planning. Thus, you should be...
What Is The Best Way To Disinherit Someone?
There are many reasons you may decide to leave someone who would usually inherit out of your will. Perhaps one has wronged you, or maybe you just think they have enough money already. How you go about it can reduce the chance you leave problems in your wake. Here is...
Why A “DIY” Will Is Not A Good Idea
You may think that writing your own will using a template or online resources is a simple and cheap way to distribute your assets when you are gone. While it may seem so now, a do-it-yourself (DIY) will can leave your loved ones in a tight spot when you are gone or...