We all want our divorced or widowed parents to find love again, particularly as they get into their later years. However, when they decide to remarry, as more and more seniors are, adult children often become concerned about what that will mean for their inheritance....
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Month: March 2018
What family dynamics can predict an estate battle?
One advantage of having a carefully-considered, detailed estate plan is that you minimize the chance of fighting among heirs after you're gone. Even close family members can turn on each other if they believe that they were unfairly or mistakenly denied the...
What debts must be paid after a person dies?
One of the major concerns of family members who have lost a loved one has to do with the financial aspects of the death. People who are dealing with an estate that is a fairly nice size will have to determine what debts must be paid and in what order. The estate...
What does being an executor involve?
If a loved one asks you to be the executor of his or her estate, it's understandably not something you want to think about until you have to. However, after your loved one is gone, you're likely going to be in a state of grief and perhaps denial. Therefore, it's...
What happens if a parent dies in debt?
As Americans live longer and have to stretch their retirement savings farther, many people die owing more money than they have. Increasingly, older Americans are in debt -- sometimes substantial debt. Almost a quarter of people over 75 are still making mortgage...
Real property deeds and avoiding probate in California
Creating an estate plan that truly protects your assets and makes your intentions known regarding the dispersal those assets is often far more complicated than one might expect here in California, especially when it comes to real estate. Without a properly prepared...