Trusts have many uses. Perhaps the most important is that they can provide privacy at death. Garry Shandling is thought to have used a trust to provide privacy for those he left behind. "Trust for Privacy" by Attorney Victor A. Lembo "Trust for Privacy" by attorney Victor A. Lembo Trusts are a very valuable tool when planning your estate in order to provide structure for who will be in … [Read more...] about Trusts for Privacy
"Privacy and Estate Planning" by Attorney Nicole Livingston (Audio) Privacy is important, especially in today’s world. Learn how estate planning can enhance or reduce your privacy. From the dawn of time, humans have been concerned with privacy. In the biblical story of Adam and Eve, the couple sought the privacy provided by fig leaves as they left the Garden of Eden. When species Homo … [Read more...] about Basics of Estate Planning: Privacy and Estate Planning
Probate is often necessary to facilitate the transfer of assets after a death occurs. While you want the probate process to move as quickly as possible so new heirs can take ownership, some issues and complications can arise that cause delays. A process could take a year, with some estates probated more quickly while others take much longer. It often takes this long due to extensive legal … [Read more...] about What Can Slow Down the Probate Process?
"How the Maryland Probate Process Can Affect Your Family" by Attorney Victor A. Lembo … [Read more...] about How the Maryland Probate Process Can Affect Your Family (Audio)
If you are thinking about leaving money to someone who isn't very good with managing financial matters, you may wish to consider using a spendthrift trust. A spendthrift trust is a powerful tool that makes it possible for you to protect a loved one from himself. If you have worked hard to build a legacy that you are going to leave to your family members, you don't want someone's … [Read more...] about How Does a Spendthrift Trust Work?
When you think of making an estate plan, you probably think of creating a will. While many people do no estate planning at all, a substantial number of people who do make a plan will only make a will and not go any further in the planning process. Unfortunately, for many people, a will is just the start of the documents you need to provide full protection for yourself and your loved ones. You … [Read more...] about 3 Reasons Why Creating a Will Isn’t Enough
"3 Reasons Why Creating a Will Isn't Enough" by Attorney Jon J. Gasior … [Read more...] about 3 Reasons Why Creating a Will Isn’t Enough (Audio)
The executor of a will has to do many different things during the probate process which are of great importance. When you are preparing your estate plan, you need to make certain that the person who you select to serve as executor of an estate is someone you can trust absolutely to serve your interests and to facilitate the fast and effective transfer of your assets to the people you … [Read more...] about Considerations When Choosing the Executor of a Will
"Choosing the Executor of a Will" by Attorney Nicole Livingston … [Read more...] about Considerations When Choosing the Executor of a Will (Audio)
The executor of a will has a lot of important responsibilities during the probate process. Unfortunately, there are circumstances where executors are not able to fulfill those responsibilities in an appropriate way. If this happens, it can be unfortunate for everyone involved. Executors should try to do everything they can to avoid errors and to fulfill their duties so they can honor the wishes of … [Read more...] about What if an Executor of a Will Makes a Mistake?