Estate Planning Newsletters

Letters of Instruction

Your will should not mention each one of your possessions because their value and nature change as time goes on. Revising your will upon every change would be both inconvenient and costly. Instead, your will should use general language in addressing the disposal of your possessions. However, it is important that you keep an updated record of all your possessions in order to assist your survivors.More...

Will Contests -- Fraud, Mistake, Revocation

Fraud will occur when the testator makes or signs a will as the result of having been willfully deceived as to the nature or the contents of his will or as to some facts that bear upon the disposition of his property. Mistake is the same, but without the willful deceit by a third person. More...

Descent and Distribution, Generally

Traditionally, a state statute of descent and distribution provides the order of preference for disposal of an intestate's net estate. As a general rule, the person or persons with the highest rank in the order of preference who survive the intestate take all of the intestate's net estate.More...

Making Final Arrangements -- Body Disposition

When thinking about your estate plan, you should also reflect on what kind of body disposition and ceremonies you desire. Planning can save money as well as save your survivors from uncertainty and further grief. A will is poor place to express your preferences because it probably will not be located and read until weeks after your death. Instead, you can write out a statement of your preferences that will be promptly available at your death to ensure that your wishes are carried out.More...

Gifts During Life - I

An intentional transfer of property made from the generosity of the transferor is known as a gift. The person who makes a gift is known as the donor. The person who receives a gift is known as the donee.More...

Estate Planning Newsletters

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