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Archive for March, 2017

Little Known Facts About Revocable Living Trusts

Written by Charles Newland

"Did you know" words shown on a newsletter, living trust factsThere are a few facts about revocable living trusts that might seem a bit surprising to many individuals who are interested in this effective estate planning tool. While a living trust is often an adequate solution for avoiding lengthy probate and the expenses that are associated with this burdensome process, it may not be the right choice for everyone. Before deciding to create a living trust, it is advised that consumers learn the facts and compare their options. Read More

Designing an Estate Plan to Survive a Legal Challenge

Written by Charles Newland

quill drafting, estate planningTaking certain precautions when drafting estate-planning documents can help to avoid future legal challenges by disgruntled family members. One common will contest involves allegations that the family members were incompetent when they drafted their wills. Others may involve arguments that the testators were unduly coerced when they drafted their wills or that the wills were not properly executed. A legal challenge is far less likely to prevail if the decedent demonstrated his or her competence. Spouses may want to hire separate attorneys to prepare their wills in order to prevent future conflicts. Read More

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