If you have worked hard over the years and amassed a sizeable estate, you will want to make sure you have a definite plan for passing it on to your heirs. If you don’t have a will, your estate will run the real risk of going through costly and time-consuming litigation, and whatever does end […]
Widerman Malek Law Blog
Updating Your Estate Plan When Life Changes Happen
Having a plan for when you retire from this earth may be the only thing holding your family together after you pass. This plan can ensure that not only your estate is handled properly, but it can also account for any time that you are indisposed and cannot make the decisions properly to continue with […]
The Importance of Estate Planning
The term estate planning may be a foreign term for thousands of people, especially those who are in their twenties and thirties. Many people believe that only elderly people should make plans for their estates, but this is not entirely true. Although elderly people should also have a plan for their estate upon their passing, […]
Do You Need A Power of Attorney for Estate Planning?
Planning your estate is one of the best ways you can protect all you have and continue to work for. It not only makes the process of handling assets easier when it is your time to go, it also takes care of issues that may come up in the event you are incapacitated. According to […]
What is the process of settling an estate without a will?
Having a will prepared is something most people think about at some point in their life. Many people think they need to have a substantial amount of wealth to have a will. Or they think they need to own property to have a will. And what about your minor children; do you need a will […]
What is Formal Administration?
When a loved one passes and they have left behind adequate assets that go above and beyond the expenses of their funeral and burial, formal administration of their assets may be necessary. This of course can be avoided if they have a will or trust that names specific beneficiaries or there is joint ownership of […]
Achieve Peace Knowing Your Finances are in Order
Throughout each day there are thousands of people who pass away all over the world. Each of these deaths are devastating to the family and loved ones. They can never be replaced and no amount of monetary value will even come close to replacing them. Dealing with the loss of a loved one is tragic […]
What is a Probate court?
The definition of the Probate Court is: a court that is specialized to determine the distribution of a deceased person’s estate. That’s the gist of it. A Probate judge can determine who legally gets what; kind of like a family referee. After reading about family squabbles over estate divisions, it’s easy to see why the […]
Three Common Types of Trusts
Planning for the future includes planning for the entire future. Before a person passes away, they must plan or decide where their assets will go. Many people will plan for family members to inherit their assets. Instead of worrying about those loved ones having to pay taxes on their inheritance, a trust can be set […]
Will a Tenant get their security deposit?
By: J. Mason Williams IV I have been asked several times whether a person can get their security deposit back. Often times, they tell me that they cleaned everything up and the landlord still won’t give them their deposit back. Why not and what can I do? Well, first you have to review your […]
