What If I Can’t Find My Loved One’s Documents?
Fri 2 Jul, by FritzLaw on Estate Planning, Probate
If a loved one has recently died or become mentally incapacitated, finding the person’s estate planning documents is essential. The estate planning process and associated documents are critical to making decisions on the loved one’s behalf, gaining access to accounts, and discovering your deceased loved one’s wishes regarding how to distribute the individual’s money and property. Properly prepared documents have significant legal power to help you handle these vital tasks. However, despite the importance of …
Can Dual Citizenship Ruin Your Estate Plan?
Fri 25 Jun, by FritzLaw on Estate Planning, Probate
In early 2020, married actors Tom Hanks and Rita Wilson became honorary citizens of Greece. The president of Greece bestowed this honor upon them due in large part to their humanitarian work in the country after a deadly wildfire swept through Athens in 2018. Hanks and Wilson spend considerable time in Greece as it is one of their favorite spots for extended vacations, so when this honor was offered to them, they graciously accepted. Although …
10 Types of Trusts: A Quick Look
Fri 18 Jun, by FritzLaw on Estate Planning, Probate
Considering the myriad of trusts available, creating the right estate plan can seem daunting. However, that is what we, as estate planning attorneys, do every day. We know the laws and will design a plan which addresses your specific situation. Here is a look at the basics of ten common trusts to provide you with a general understanding of the options available. There will not be a quiz at the end. When you meet with …
Estate Planning After Personal Injury Settlements
Fri 11 Jun, by FritzLaw on Estate Planning, Personal Injury, Probate
In the hectic and sometimes dangerous world that we live in, it is an unfortunate fact of life that accidents happen and people get hurt. The U.S. legal system is designed so that those who suffer injury through the avoidable fault of others can seek compensation for those injuries. Sometimes injuries are so severe that the injured individual receives a significant sum of cash through a settlement or court judgement. Such a sudden and large …
How the Employee Onboarding Process Can Affect Your Estate Plan
Fri 4 Jun, by FritzLaw on Estate Planning, Probate
Starting a new job is an exciting new chapter in your life. Depending on your company’s onboarding process, there can be a lot of moving parts. You may feel overwhelmed by the introduction and review of the many different types of employee benefits. Not only are there forms to be filled out, they need to be filled out properly to ensure that your true financial and estate planning wishes are carried out. Beneficiary Designations Beneficiary …