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...
Helping Clients Overcome Personal And Legal Challenges
Overcoming Personal and Legal Challenges
Wills & Probate
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...
Important items to add to your will before retirement
As you approach retirement age, it may be a prudent decision to revisit your estate planning documents. Whether you already have a will in place or need to draft one, it is not too late to ensure that your estate plan accounts for all the important considerations. It...
What to know when creating a will no matter your financial state
Every person should have an estate plan. It is the only way to ensure the handling of personal business after death goes smoothly. The basic document everyone needs to have is a will. If a person has no other estate planning, a will lays out some important details...
What you need to know about creating a valid will in Alabama
When a person passes away without a will, it can make a difficult time even more challenging for a family. Taking steps to execute a will can expedite the probate process while sparing loved pens from unnecessary uncertainty and hardship. There are a few reasons why a...
What are some signs of a quality executor?
As you look over your accumulated assets from over the years and think about what you want to put in your will, one question may come to mind. You may wonder who you should choose to be the executor for your estate. Knowing what qualities are important to completing...
Review your will after these life changes
If you have written a will, you are already doing better than most adults in the U.S. According to Marketplace, approximately half of all Americans die without this essential document. However, if you do not update estate plans, you could still leave your loved ones...