Divorce brings significant changes, including those of a legal and financial nature. One of the most important tasks after ending a marriage is updating one's will. This document, often created under much different circumstances, must reflect the current situation....
Overcoming Personal and Legal Challenges
Overcoming Personal and Legal Challenges
Wills & Probate
Why non-parents still need wills
While many people associate wills with parents and guardians, it is also important for people without children to have a will in place. Regardless of parental status, having a will ensures that one's assets and final wishes come to fruition. Understanding why...
What to include in an estate plan
Planning for the future is important, and one aspect that often gets overlooked is estate planning. An estate plan ensures that your assets get distributed according to your wishes after you pass away. Last will and testament Did you know that of individuals 55 years...
4 key elements of a solid estate plan
Estate planning is a thoughtful process that involves making decisions about what happens to your assets and belongings after you are no longer around. While it might seem like a daunting task, breaking it down into a few key elements can simplify the process and...
Why would someone contest a will?
The contestation of a will is a matter that can send shockwaves through the fabric of relationships. While the death of a loved one is undoubtedly an emotionally charged time, the complexities of inheritance can sometimes start arguments among heirs. Understanding the...
Is a living trust right for you?
An estate plan helps ensure a smooth transfer of assets to your beneficiaries after your passing. As you build your estate plan, consider how a living trust could help you meet your asset protection needs. Understanding the benefits and drawbacks of a living trust can...
What debts may an estate pay during an Alabama probate process?
The personal representative named in a will has the responsibility of notifying the deceased’s heirs and creditors of the death. The Alabama Medicaid Agency’s website notes that its office must also receive a notice if the deceased relied on Medicaid. Medicaid’s...
Contesting a will in Alabama: Understanding your options
A will is a legally binding document that outlines how someone will distribute their assets and property after their death. However, if someone believes that the distribution of assets is unfair or questions the will's validity, they can challenge it. Contesting a...
Estate planning facts you should know
Most people understand the importance of estate planning and writing a comprehensive will, but misconceptions lead to poor choices along the way. When you start creating your final plans, including establishing trust accounts and writing your will, you should know the...
4 reasons to update your will
By creating a will, you have taken a giant step in a positive direction. For your will to be effective, however, you need to keep it updated. Here are four reasons that you should update your Alabama will. 1. You move to another state Estate planning laws vary by...