What to Expect From an Estate Plan An estate plan is more than a will or a living trust. It is a combination of many documents. Here is what you should expect to receive in any estate plan: What to Expect from a Will-Based Plan If your plan is a Will-based plan, you should receive […]
A Common Disaster Clause is a clause in a will that specifies how property is to be distributed, in the event that all intended heirs die from the same accident.
A codicil is a written change, amendment, supplement or addition to a person’s will. It may modify, add to, subtract from, clarify, qualify, alter, or revoke provisions in a will. A codicil is executed with all the formalities of the will itself.
Almost always, the death of a parent causes some sibling issues to bubble to the surface. In most families, the issues are dealt with, ignored, or siblings go on with their lives without a fuss. On occasion, those issues explode into litigation. So what is the fuse that ignites the explosion? Personal property.
Pre or post marital agreements define the rights of each spouse in the event of divorce or death. Any couple with a marital agreement should have a will. Here is why.