Blog Posts in July, 2012
Offshore asset protection trusts are ideal for people in professions that are riddled with lawsuits. Lawyers, doctors, architects, entrepreneurs, contractors, accountants and property developers are ...
Continue reading "Offshore Asset Protection Trusts" »
Posted on Jul 30, 2012 By Matt Butterworth
When your child turns 18, it’s more than just a birthday. In the eyes of the law, your child has just stepped into adulthood, and is now legally responsible for his or her own medical care and ...
Continue reading "Trusts, Wills, and Power of Attorneys for your 18-year-old" »
Posted on Jul 26, 2012 By Matt Butterworth
If your parent’s cognitive abilities have diminished as they have aged, you may want to look into the situation. In some cases, parents who contract dementia will fail to tend to household ...
Continue reading "Dementia and the Future of your Parent's Finances" »
Posted on Jul 25, 2012 By Matt Butterworth
If you were named the executor of a will, you were given a big responsibility. You are now in charge of upholding the wishes of your decedent and making sure that the probate procedure goes smoothly. ...
Continue reading "Now that You are an Executor: Things you Should Know" »
Posted on Jul 20, 2012 By Matt Butterworth
When you adopt a step-child, inheritance issues can get complicated. In a typical adoption, parents relinquish all rights to their child when they are adopted by another parent, and the child loses ...
Continue reading "Intestate Inheritance Rights for Adopted Children" »
Posted on Jul 17, 2012 By Matt Butterworth
Our bodies change as we get older, so we head to the doctor in order to make sure that we are functioning properly. Sometimes in a check-up, a physician may find that we have some sort of illness or ...
Continue reading "Event Check Points that Signal it is Time to Update your Will" »
Posted on Jul 13, 2012 By Matt Butterworth
Imagine, an older woman writes a will bequeathing her fine jewelry to her granddaughter. The woman collected precious gemstone necklaces, bracelets, earrings, and rings her entire life, and has ...
Continue reading "The Definition of Ademption" »
Posted on Jul 12, 2012 By Matt Butterworth
An advancement is a special gift made by a parent to his or her child that is an "advance" of that child's share in a future inheritance. The advancement is normally parent to child, but ...
Continue reading "How Does an Advancement Work?" »
Posted on Jul 9, 2012 By Matt Butterworth
If you have a relative that is disabled, he or she may qualify for government benefits. In some cases, the government will grant money to men or women who are physically, mentally, or developmentally ...
Continue reading "Beneficiary or Benefits? The Special Needs Trust Lets Them Have Both!" »
Posted on Jul 6, 2012 By Matt Butterworth
As you live you collect things of value. A lot of these items may be worth a significant amount of money, but more than that they may just be very special to you and a member of your family. Maybe you ...
Continue reading "Inheriting an Heirloom: How to Take Care of Specific Items in Your Will" »
Posted on Jul 3, 2012 By Matt Butterworth
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