Q. My mother recently died. Her home, bank accounts and other assets were held in a Living Trust. Her financial advisor said we should now see a lawyer to help with trust administration. What? I thought if you had a Living Trust that there was little or nothing to do following the death of the… Read More »
Posts Tagged: living trust
What To Do When Your Kids Don’t Like Your Will
In an ideal world elderly parents and their adult children always get along, and when those parents pass away their children quietly and respectfully follow their wishes regarding the distribution of their estate. Unfortunately, we don’t always live in an ideal world, and inheritance and estate planning can often cause tension between parents and children… Read More »
The Most Important Part of Your Estate Plan
What is the most important component of an estate plan? This is a question that comes up a lot in our practice, and as you might guess, different families will have different answers. The Trust: Many families feel that this is the heart of the estate plan, and as such the most important part. … Read More »