Updating your will after divorce is crucial because you cannot assume that the terms of a divorce or even state laws will be able to revoke your ex-spouse as the beneficiary and overrule what is listed in these documents. Under the ERISA (the Employee Retirement...
Updating Your Will After Divorce: Leave property – When making a will, most people leave everything to their spouse. When you divorce, this becomes a problem, so creating a new will may be the easiest thing to do. You will need to name new beneficiaries as well...
It used to be so simple. Back in the day trust lawyers had to contend with only three possible players: the settlor, the trustee, or the beneficiary. Today that trio’s often joined by a new creature we’re still not exactly sure what to make of: a trust protector. Over...
Determining Claims in Probate A Personal Representative is a person who is chosen to take care of the financial affairs of the deceased or the decedent. One of the duties of a Personal Representative is gathering all of the assets of the decedent, determining if any...