
What Happens to an Estate if there is No Will?
When a person dies without making a will or if their will cannot be located, is deemed false or invalid (for not meeting the statutory requirements), it’s called dying intestate. The…
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When a person dies without making a will or if their will cannot be located, is deemed false or invalid (for not meeting the statutory requirements), it’s called dying intestate. The…
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A power of attorney is a legal document by which you can appoint and authorize another person (usually a trusted friend, family member, colleague or adviser) to act on your behalf and to…
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No business is an island unto itself—each relies on relationships with third parties to operate efficiently and profitably. In every such relationship, the primary business deal as well as…
Read the articleA ‘limited power of attorney’ is very similar to a general power of attorney except that it imposes specific and sometimes substantial limits upon the authorisation granted to your…
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If you intend to manufacture your own goods, your production operations alone will involve many aspects of starting a new business. You will have to hire employees or independent…
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A ‘general power of attorney’ is virtually unlimited in scope. It allows your attorney to act as your authorized legal representative in relation to the whole cross-section of your legal…
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Product development and sales may get the glory, but it is distribution that is the unsung hero of any business. You can have the best product in the world and thousands of eager buyers,…
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When it comes to selecting forms for last will and testament, you need to be careful. Don’t just choose the first website or legal documents you find online. Do your research. Check out the…
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The Internet is responsible for many things such as providing information quickly and allowing you to make money from your website. It also allows you to create documents online or to have…
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We all know of the importance of estate planning and, in particular, making a last will and testament. However, despite this over 65% of Americans pass away without ever making a last will.…
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Many people believe it’s not necessary to make a will while they’re young, before they have children, or if they’re not married. There might be some truth to this but you should forego…
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When considering an estate planning strategy, planners often fall into assumption that a will is always required. The logic behind this assumption may apply in some cases; however, a number…
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While it’s an onerous obligation, the task of being an Executor for a family member or a close friend can be viewed as a final act of friendship. It’s often humbling that someone trusts you…
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Though we’ve all heard the term, most of us have probably never appointed an Executor or been an Executor for somebody else. Therefore, you may be wondering “What is an Executor ”, “What…
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A will, more formally known as a last will and testament, is a legal document setting out your desires and intentions regarding the distribution of your real and personal property after…
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While you are not required to make a last will & testament it is most certainly something that you should do. It allows you to have a say in what happens to your assets and, in some cases,…
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The duties and responsibilities of executors can be vast. In general, an executor is responsible for managing the estate of a deceased person in accordance with the probate rules and…
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While most state laws don’t have a specific form of last will & testament, all of them have laws which set out the minimum elements required for a last will and testament to be deemed a…
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When it comes to making their last wills, many couples (both married and unmarried) tend to share a common or joint objective in terms of how they would like to see their property…
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State laws set out the specific requirements for executing a last will and testament. These laws are very similar and don’t vary too widely from state to state. A best practice approach to…
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There are two specific methods you can follow when revoking a will. You can either:
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If you fail to make a last will and testament or if you draft an invalid one, you will be declared intestate after you die. If this happens, the intestacy laws of your state of residence…
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Choosing a personal representative is one of the most fundamental elements of any last will. The main characteristics of a good personal representative are good common sense, excellent…
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When it comes to estate planning, you might put it off because you think you’re too young or because you don’t have expensive property. Maybe you just haven’t gotten around to it. The…
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