Avoid These Common and Expensive Mistakes: How to Leave Assets to Minor Children

KEY TAKEAWAYS A simple will may not be enough when leaving assets to minor children. Your child’s guardian does not automatically control their inheritance. Court oversight can reduce the inheritance you intended for your child. A trust gives you greater control over...

A Dementia Diagnosis Changes More Than Healthcare: Seven Legal Moves to Make While You Still Can

KEY TAKEAWAYS A dementia diagnosis does not automatically mean loss of legal capacity. Medical diagnosis and legal capacity operate on different timelines. Waiting can significantly reduce a family’s options. Several legal and financial matters should be reviewed...

When “We’ll Figure It Out” Becomes a Problem

KEY TAKEAWAYS Good intentions don’t equal legal authority. Unclear family roles can create costly delays. Informal family agreements may fall apart under pressure. The person who naturally takes charge still needs proper authority. Formal estate planning replaces...

Things You Can Do to Help Prove You Are Mentally Competent When Executing Your Estate Plan

Although we would all like to believe that our family and loved ones will honor our wishes as expressed in our estate plan, contests are more common than you might think. Sometimes, a family member does not receive what they thought they would after a loved one passes...