by Eileen Kerlin Walsh | Feb 10, 2025 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, Wills & Trusts
Ask a group of friends if they have experienced a family fight over property after a loved one has died, and you will be in for a lively and eye-opening conversation. Far too many families end up fighting, or at least experiencing tension, over a family inheritance....
by Eileen Kerlin Walsh | Dec 24, 2024 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Wills & Trusts
Stereotypes surrounding “only child syndrome” have largely been debunked, as recent studies show that only children, on average, develop social skills similar to those of children with siblings.[1] Further, outdated perceptions surrounding only children have shifted...
by Eileen Kerlin Walsh | Dec 24, 2024 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Power of Attorney, Wills & Trusts
Studies consistently find that only about 25–35 percent of Americans have an estate plan, a shockingly low rate when you consider that, in the absence of a plan, the state—not your client’s family—decides what happens to their assets, including their business...
by Eileen Kerlin Walsh | Dec 24, 2024 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, Life Insurance, News, Wills & Trusts
In an estate plan, life insurance can be used as a source of immediate liquidity for beneficiaries by offering a tax-free, lump-sum payment upon the insured’s death. About half of Americans have a life insurance policy. The primary reason people purchase life...
by Eileen Kerlin Walsh | Dec 24, 2024 | Blog, Common Questions, Estate Planning, Healthcare Decisions, Kerlin Walsh Law, Living Trusts, News, Probate, Wills & Trusts
If you have established a revocable living trust (which we will refer to simply as a trust), congratulations! You are on the right track in creating a comprehensive estate plan. However, you are only halfway there. Many people believe that because they took the time...
