The family was baffled. Not only was the will out of date, but it was also unsigned and the person named as executor had died a decade before their mother died. Grandchildren born after the will was created were not mentioned and personal possessions left to some people in the will had been given away … Continue reading Ask Mom if She has a Will
Category: Disinheriting
Are You Ready for 2026?
You may not be thinking about Jan. 1, 2026. However, if your estate is worth $5 million or more when the first day of 2026 arrives, your estate planning should begin now. According to an article from Forbes, “Is 2026 An Important Year For Your Wealth?,” the reduction in the estate tax exemption will revert to the 2010 … Continue reading Are You Ready for 2026?
What Does a Last Will and Testament Do?
Your will is the foundation of an estate plan, used to instruct your executor on distributing property, naming a guardian for minor children, creating a legacy and ensuring that your beneficiaries receive what you want. The will can also serve to disinherit a family member, as explained in the article “Last will can both include and … Continue reading What Does a Last Will and Testament Do?
Should Each Child Get Equal Inheritance?
Every estate planning attorney has conversations with their clients about how adult children should inherit. While most people assume siblings should all inherit equally, in many situations, equal is not always appropriate. There are many situations where an equal inheritance might be unfair, says an article, “How Should Your Children Inherit? 4 Scenarios Where ‘Equal’ Is … Continue reading Should Each Child Get Equal Inheritance?