"People who are crazy enough to think they can change the world, are the ones who do." - Rob Siltanen … [Read more...] about Thought of the Day
Estate Planning and Baseball
Every state that recognizes trusts as legal entities imposes fiduciary duties upon the Trustee of such trusts. These duties may have different names in different jurisdictions, but ultimately a breach of fiduciary duties means that the Trustee failed to fulfill their duties as expressed in the trust instrument and under local law. This article examines a case ripped from the headlines that demonstrates the importance of choosing the right individuals to serve as fiduciaries. Read on to learn … [Read more...] about Estate Planning and Baseball
3 Situations Where Estate Planning is Absolutely Essential
Creating an estate plan is important for everyone to do. An estate plan gives you control over your legacy and allows you to determine what happens to the money and property that you worked hard to acquire during the course of your lifetime. However, there are some circumstances where it becomes even more important to take control and express your preferences for what happens if you become incapacitated or pass away. Here are three examples where the consequences of not making an estate plan … [Read more...] about 3 Situations Where Estate Planning is Absolutely Essential
Thought of the Day
"Honest communication is built on truth and integrity and upon respect of the one for the other." - Benjamin E. Mays … [Read more...] about Thought of the Day
National Make-a-Will Month
Although many Estate Plans have a Revocable Trust as the foundation for the plan, Wills play an important role in a comprehensive Estate Plan. Alarmingly, most Americans don’t have a Will even though they know it’s important. In honor of National Make-a-Will month, let’s explore the often overlooked and neglected Estate Planning document, the Will. Continue reading to learn more. … [Read more...] about National Make-a-Will Month
You Should Think Twice Before Using AI in Estate Planning
There are many new technologies that have brought on big changes, and artificial intelligence ("AI") is one of them. In recent years, AI technologies like Chat GPT have come to the forefront. These technologies allow machines to do things that humans normally need to do. For some people, the rise of AI seems to present an opportunity to simplify complex tasks -- like making a will or other estate planning documents. If you are tempted to use an AI program to help you to create your estate … [Read more...] about You Should Think Twice Before Using AI in Estate Planning
Thought of the Day
"To any entrepreneur: If you want to do it, do it now. If you don't, you're going to regret it." - Catherine Cook … [Read more...] about Thought of the Day
Do Your Parents Have an Estate Plan?
One of the most important things a person might do in their lifetime is create an estate plan. Unfortunately, it can also be one of the most difficult things they might ever do. That isn't because estate planning has to be complicated. With the help of an estate planning attorney, the process can actually be quite smooth and easy. Rather, it's that many people have a hard time coming to terms with the idea of not being around. Because of that, they may be inclined to put off the process of … [Read more...] about Do Your Parents Have an Estate Plan?
4 Common Mistakes When Creating a Will
It is difficult to think about what might happen to your loved ones and your assets after you're gone. That's why many people put off creating a will even though they know it's an extremely important thing to do. Caring.com reports that the number of Americans who have a will went from 33% in 2022 to just 24% in 2025. The main reason for not having a will was simply that people "hadn't gotten around to it". The second most common reason for not having a will was people thinking they don't have … [Read more...] about 4 Common Mistakes When Creating a Will
One Estate Planning Task To Take Care Of Every Year
Estate planning requires thinking about pretty unpleasant topics, like what is going to happen after your death. Since this isn't a fun subject to consider, it's not a surprise that many people put off creating an estate plan. Many people also make a plan, but then assume that they are done and they don't have to think about it anymore. That can be a mistake. Estate plans require updates! Outdated plans lead to stress, hassle, and expense for your loved ones who you leave behind when you … [Read more...] about One Estate Planning Task To Take Care Of Every Year
