I recently came across a question by a father. He wanted to know how to protect his inheritance that he wanted to leave to his son and daughter. The father had acquired about four rental properties and wanted to give his son and daughter two properties each. All the properties had no mortgages and were [...]
I have come across this question a lot about whether an agent under a power of attorney can delegate his or her powers to someone else. The agent, often an older son or daughter, was selected by the principal to carry out the duties in the power of attorney. But often, the principal never even [...]
I was just reading a legal question-and-answer website about a couple who was dating and wanted to know when they needed to update their wills. The couple has a basic will plan, but they plan on getting married and having kids within the next few years. It sounds like this couple is on the ball [...]
I come across this question a lot: I am a beneficiary of a will or trust and I am either the personal representative of the estate or the trustee of the trust. Can I use money in the trust for my own personal purposes? After all, I am entitled to the money I am taking [...]
I was just reading a legal question-and-answer site about a family who could not find their estate planning documents. They wanted to know what to do. Apparently, the family had done their estate planning quite a while ago, and the relative in question had just passed away. Now the family is furiously tearing up the [...]
On a legal website, I recently read a question asked by a child who wanted to know what is going to happen to her mother’s estate when she died. The child mentioned that the county, through a public guardian, had a conservatorship over the mother. The child also stated that the county had created a [...]
I was recently reviewing a living trust estate plan for an individual. The plan had been outdated for quite some time. As I was reviewing this individual’s plan, I noticed that most of the plan was from the 1990s. But the pages were not all the same color or format, which indicated that pages had [...]
You may be wondering, Do I need to put my cars in my living trust? Here’s the short answer: if you are talking about the cars you use every day to go to and from work, you probably do not need to bother going down to the DMV and changing your ownership records. After all, [...]
One of the key tenements of estate planning is making your wishes known about who you want to raise your children if something were to happen to you as a parent. No one wants to think about a morbid situation like this. But your decision can be the key difference between choosing who you want [...]
I just got finished reading another online post about a living trust plan going wrong. The decedent had used Legal Zoom to create his legal trust plan. According to the post, the decedent had sent form letters provided by Legal Zoom to his banks and financial institutions to change the title of his assets to [...]
