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Posts tagged "Wills & Estates"

What is 'undue influence?'

One of the most common reasons that people challenge a will or other estate plan documents after a person's death is "undue influence." This is when someone coerces (mentally, physically and/or morally) a testator to the point where that person isn't designating the dispersion of their assets as they would if they were exercising their own free will.

Be careful with estate plan changes during and after divorce

If you and your spouse are headed for divorce and your relationship has devolved into conflict, distrust and perhaps even some hate, one of your first instincts may be to remove him or her entirely from all of your estate planning documents. You don't want your estranged spouse having any say over your finances and certainly not over your medical care should you become incapacitated. You may not want your soon-to-be ex to get a penny of your money if you die.

How to set up a special needs trust without forfeiting benefits

If you have an adult child or another family member with a physical or mental disability that impacts their ability to care for themselves, you want to ensure that they are provided for once you're no longer around. Many people create special needs trusts for this purpose. Here's how it works.

A power of attorney is an important and powerful document

Giving someone power of attorney (POA) is something you can't take lightly. If you're the person who has been given that responsibility, it's important to understand what you can and cannot do. It's also vital to know when a person can or cannot be appointed to the position.

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