The Danger of Adding Kids to Bank Accounts
I want to leave my bank accounts to my children when I’m gone. Can’t I just make the children joint owners? I hear this all the time. That idea sounds better than it is. Yes, your kids would avoid court proceedings when you pass. But you might put yourself at risk at a time when you […]
Are Any of These 10 Mistakes Lurking in Your Estate Plan?
1) Lack of Health Care and Disability Planning. Most deaths occur in hospitals or other institutions. Patients may be incapacitated to the point where they can no longer communicate their health care wishes. During current times with COVID-19 this is a concern that is real for every single one of us. Advance Health Care Directives appoint […]
Nosy Neighbor Nellie Can Find Out About Your Probate. Really.
Most people think of probate (the process of collecting, managing, and distributing a deceased person’s money and property) as a private process. However, because wills are filed at the courthouse, probated estates become a matter of public record. That means your nosy neighbor Nellie can simply go down to the courthouse or hop online and […]
