Can You Remove Someone from a Life Estate?
Life estates can provide effective means to create joint ownership of property, avoid probate and transfer property after death without incurring gift taxes.
Life estates can provide effective means to create joint ownership of property, avoid probate and transfer property after death without incurring gift taxes.
For seniors, maintaining social connections and staying in touch with loved ones not only improves quality of life, it improves health.
Family caregivers cannot do all things all the time. Recognizing when you need outside help is good for you, and also for your loved one.
While the sudden caregiver has no preparation, no warning signs or slow changing of circumstance, the long-term caregiver certainly experiences situations of crisis.
A will allows you to distribute your worldly goods, select a guardian for minor children and name an executor to carry out your wishes.
Non-probate assets are those assets which do not go into an estate when the owner dies.
Nearly 90% of American adults say they are at least somewhat confident in their knowledge of Social Security, according to the 8th Annual Social Security Consumer Survey from the Nationwide Retirement Institute. However, the survey also finds that many Americans don’t know their eligibility age, how payments are calculated and other essential information.
As 2021 draws to a close, many of us are reflecting on the various ways our minds and bodies have changed over the course of the past year. No matter your phase of life, aging is something we all experience daily.However, that doesn’t mean we’re powerless in the process.
Both help you pass down assets, while avoiding the time and expense of probate. However, one has much more flexibility than the other.
These are among the things an estate attorney can help you with planning. That’s why it’s essential to ensure you have one by your side, if you’re leaving an inheritance behind.