We call it the brother-in-law syndrome: your brother-in-law knows everything, even though he doesn’t. He tells anyone who’ll listen how much money he’s saved by doing things himself. Sadly, it’s the family who has to make things right after the do-it-yourself estate plan fails. This is the message from an article titled “Dangers of Do-It-Yourself Estate … Continue reading The Risks of Creating Your Own Estate Plan
Category: Survivors
Intestacy is Possibly the Worst Mistake for Families of Modest Means
Thinking About Not Writing a Will Because You Believe You Don’t Have Enough Resources? Think Again. Writing a Will is something most of us know we eventually have to do, but none of us really want to start. Some people believe it is too complicated. Other people don’t want to think about death. Some folks believe that the law … Continue reading Intestacy is Possibly the Worst Mistake for Families of Modest Means
What Exactly Does an Executor Do?
The executor is usually a spouse, close family member or trusted friend. If no such person is available, a qualified compensated person can be appointed under state law, according to an article from The Street entitled “Top Duties of an Estate Executor and How to Carry Them Out.” The executor needs to be trustworthy and organized, since there … Continue reading What Exactly Does an Executor Do?