Posted by Joshua Gunsher, Esq. | Aug 12, 2022 |
Drafting a will is an important step for every adult, especially those with valuable personal property and dependent family members. Your will can provide a guardian for your minor children and designate beneficiaries for your most valuable personal property after you die.
Those who have a will c...
Posted by Joshua Gunsher, Esq. | Jul 29, 2022 |
When you are creating an estate plan, one step that you take is to choose an estate administrator or an estate executor. This person is crucial to the process, so you want to think carefully about who will do the best job.
Essentially, when you pass away, the estate executor is the one who ensure...
Posted by Joshua Gunsher, Esq. | Jul 17, 2022 |
It may seem easy to leave someone out of your will. You simply don't mention them. This is the simplest way to disinherit them. The will instructs that all of your assets should go to other individuals.
And this may work in some cases, but it does leave open the door for potential disputes. If th...
Posted by Joshua Gunsher, Esq. | Jul 06, 2022 |
Drafting a will involves setting out clear instructions about what happens in the event you become incapacitated. For this reason, many young people believe that the process doesn't apply to them.
While it is true that you most likely have many decades ahead of you as a young adult, it's benefic...
Posted by Joshua Gunsher, Esq. | Jun 24, 2022 |
Whenever you're working on your estate plan and creating a will, you'll need to think about who you'd like to have as an executor of your estate. You shouldn't choose just anyone. You have to be careful about who you choose as an executor.
There are many different duties that your executor will n...
Posted by Joshua Gunsher, Esq. | Jun 20, 2022 |
Over the years, you've been used to your parents taking care of your needs. This is something that has continued even into your adult life.
Nonetheless, the aging process is inevitable and it's now your parents who need a little help. You're concerned that they haven't done much planning over th...
Posted by Joshua Gunsher, Esq. | Jun 06, 2022 |
If you believe your loved one was unduly influenced when writing their will, you can successfully contest it in the probate court. However, the burden of proof is on you to show how they were a victim of undue influence and that they did not freely make their last wishes.
Nevertheless, proving un...
Posted by Joshua Gunsher, Esq. | May 22, 2022 |
You could spend weeks contemplating the division of your property among your loved ones when you die, but those efforts could be in vain without the right executor to carry out your wishes. An executor has to manage your property, sell it for a fair price and distribute belongings among your bene...
Posted by Joshua Gunsher, Esq. | May 09, 2022 |
A final will is a fundamental component of any estate plan. This document can dictate which of your family members inherits your property and savings as well as settling other important matters.
Suffice to say, it's important to make sure that your will is clear, accurate and legally valid. What ...
Posted by Joshua Gunsher, Esq. | Apr 26, 2022 |
Most adults have a relatively easy time planning their estates. The biggest concerns will be preventing family conflict and ensuring their beneficiary designations match on all of the paperwork. They choose who they want to inherit certain property and enact protections for their golden years, li...
Posted by Joshua Gunsher, Esq. | Apr 25, 2022 |
Putting assets into a trust can keep them from needing to pass through probate. This can speed up the transfer of assets when you die. Yet not all trusts are the same. While there are plenty of specialist trusts available to fulfill specific purposes, the basic trusts you want to consider first a...