Q. I recently read about what is called a directed trust, where an individual has power to direct the trustee on some aspect of the trust, such as investment management, administration, and distribution decisions, powers usually … [Read more...]
Print This PageRobin Williams: A Life Well-Lived and an Estate Well-Planned
Q. I read your special report on “Estate Planning Mistakes of Celebrities,” demonstrating why probate is such a nightmare and lessons that can be learned from the costly mistakes of celebrities. I appreciate all the advice on … [Read more...]
Print This PageMedicaid Asset Protection: What Works and What Does Not
By Evan Farr, Certified Elder Law AttorneyThis article was posted by ElderLaw Answers Much confusion abounds in the world of asset protection trusts, including the false belief by many elder law, estate planning, and asset … [Read more...]
Print This PageEstate Planning Attorneys Warn About Matching Beneficiaries to Those Named in Your Will or Trust
As an estate planning attorney in Virginia, I have unfortunately seen many circumstances where a person goes through the time and expense of having an estate plan done, only to fail to update their beneficiaries on their financial … [Read more...]
Print This PageEasy way to explain (or understand) the cons of Probate
Why Most People Want to Avoid ProbateFirst, it requires frustrating intrusion by the court, lawyers, and the public into a very emotional, private, family time. A judge may have to determine who is a legitimate creditor, and … [Read more...]
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