4 Signs That Your Family May Fight Over Your Estate

The loss of a loved one is often one of the most trying times you will experience in your life. From making funeral arrangements and navigating through the stages of grief to managing and settling the estate, it is easy for disputes to arise between family members. Fortunately, a majority of the disputes can be resolved amicably. To do so, it is essential to identify strategies to keep the peace in your family without the added worry of conflict among your heirs. Here are some warning signs t...
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How to Protect Your Digital Assets in Your Estate Plan

As our society ages, there is naturally a rising concern over the physical, emotional, and financial security of our family members. With changes in technology, we are now conducting more business and financial management digitally. As a result, you should consider how you would protect your digital assets in your estate plan. Who will have access? How and where will you store your online passwords? These are vital questions to address as part of your estate plan. Before providing a loved one...
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3 Questions to Ask Your Estate Planning Attorney Now to Avoid Estate Disputes Later

Estate planning is a topic many people avoid because of its direct link to mortality; however, it is important to prepare and plan for your future heirs. Enlisting the services of a qualified estate planning attorney will save your loved ones time, money and sanity when it comes to settling your estate. But, hiring the wrong estate planning attorney may result in miscommunication regarding the division of your assets, disputes among your future heirs, and could cost you more money down the road....
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Effective Communication May Reduce Disputes between Executors and Beneficiaries

Estate Disputes- Understanding the Process and the Responsibilities
When a loved one passes away, it’s a difficult time for everyone involved. But often executors and beneficiaries are able to come together over a common goal: preserving the deceased’s legacy. Even so, it is not uncommon for disputes to arise between beneficiaries and executors during the administration and distribution of an estate. At times, these issues can result from a lack of knowledge and communication from the executor. Executors are often labeled as intentionally withholding informat...
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Joint Bank Accounts: Do You Understand the Risks?

Joint Bank Accounts: Do You Understand the Risks?
As our parents and family members age, there is inevitably a growing concern over their physical, emotional, and financial wellbeing. Oftentimes, these aging individuals require assistance paying their bills and managing their finances, and they turn to a trusted family member, friend, or caregiver for help. This is both common and appropriate. Often, they go together to the bank or financial institution to get shared access to accounts with very noble intentions, and the teller provides a form ...
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Estate Disputes: Understanding the Process and the Responsibilities

Estate Disputes- Understanding the Process and the Responsibilities
More than three percent of all wills are contested in the United States. This results in approximately 3,000 contested wills in Georgia and more than 100,000 nationwide. And this shocking statistic doesn’t include disputes over estates after the will has been admitted to probate without contest. With the steadily increasing number of estate disputes, it becomes more important to understand how the estate process works and the responsibilities of involved parties. When a person dies, he or ...
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Essential Considerations for Helping Aging Parents

At some point, we will all face the situation where our parents begin to age and slow down, both physically and mentally. As an adult child, this shift in the dynamics of your relationship with your parents can be challenging to navigate. On one hand, you want to respect their privacy and independence, but on the other hand, you want to make sure they are continuing to make decisions that are in their best interests. Therefore, it’s important to begin assessing their changing needs and makin...
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Precautions for Providing For Financially Irresponsible Heirs

Providing for the future of your heirs is generally the primary goal for your estate plan. However, what do you do when one of your heirs is financially irresponsible or dealing with challenges that prevent him or her from making sound decisions? Whether the heir in question is dealing with substance abuse issues, a spouse that can’t be trusted, or simply a history of poor financial choices, certain precautions should be taken so the inheritance they receive doesn’t enable negative behavior....
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Prince’s Estate: Future Disputes and Litigation Issues

prince estate dispute
The sudden death of music icon Prince saddened fans around the world. However the turmoil surrounding the entitlement to, and distribution of his assets can teach us all some valuable lessons about how intestacy can cause nightmarish issues in estate planning. Prince was an extremely private artist who was insistent upon having a great deal of control when it came to creative licensing rights and his music.  His legal skirmishes were almost as legendary as his music; so it came as a huge ...
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“Do The Children Want Our Antiques?” – Personal Property and Your Estate Plan

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Purchasing habits and personal taste have changed drastically in recent years. Members of the Greatest Generation were collectors, and Baby Boomers loved to buy things as status symbols and trophies. Now, Gen X and Millennials are living much less formal lives and therefore are not interested in most of the personal property that was once valued and cherished by their parents and grandparents. For the first time in history, we have a generation that doesn’t want the assets that family member...
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