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Orange City Estate Planning Blog

FAQ: How Do You Treat Children Fairly in Estate Planning?

Wills and trusts lawyers in Northwest Iowa see just about every circumstance that can result from a parent’s death. Some siblings handle the will or trust administration gracefully and with dignity while others turn to squabbling and pettiness. When we work with our clients, they are often very concerned about how to treat their children equally when setting up their wills and trusts. [Read More]

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Ethan Huizenga May 12, 2015

FAQ: What is a Personal Representative?

The person whom Northwest Iowa trust and estates attorneys have long referred to as the “executor” when managing your estate also has an alternative name. Known as the “personal representative”, this person is appointed by either the person doing the estate planning or by the courts when there was no one named in a will. The personal representative has a very big job of finishing up the decedent’s business, such as taking care of taxes and keeping the bills paid; not to mention the much more commonly recognized job of making sure the decedent’s wishes are followed when it comes to distributing assets. [Read More]

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Ethan Huizenga March 17, 2015

Do You Know How to Manage Your Inheritance?

Receiving an inheritance is both an honor and a responsibility, and Northwest Iowa probate and trust administration lawyers constantly see individuals who are just not ready to take that on appropriately. The temptation to simply spend away an inheritance as “bonus” money can be strong, but there are a whole lot of very practical means by which to manage the funds for your own future. [Read More]

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Ethan Huizenga February 17, 2015

FAQ: What Happens If I Outlive an Heir?

Choosing children as heirs to your inheritance makes sense. After all, most people want their life’s hard work to go toward the betterment of their children’s lives. Due to age differences, children will usually outlive their parents, as well. But, what happens when you outlive an heir? What becomes of the inheritance you wanted to be passed on to him or her?[Read More]

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Ethan Huizenga February 3, 2015
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