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What Is a Conveyance?
When you transfer property from one person to another person, it is considered a conveyance. The most common use of this is in real estate transactions. For instance, when a person wants to sell their...
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Digital Estate Planning
Estate planning is a series of activities that an individual engages in to manage how their property is distributed upon their death. Once they pass away, an individual’s real and personal property are...
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What Are Digital Asset Protection Trusts?
A Digital Asset Protection Trust (“DAP Trust”) is a special type of trust that can be used to secure certain digital rights and/or property that is owned by the trust’s creator (i.e., the settlor). DAP...
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Special Needs Trusts and Medicaid
The rising cost of long-term care, whether provided in a nursing home or at an individual’s residence, is often unaffordable for many Americans. An increasing number of people depend on Medicaid to...
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Avoiding Probate with Joint Tenancy
The legal term probate refers to the formal court process by which a person’s assets are to be distributed upon their death, according to their will. The probate process involves a series of filings...
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What Is the Inheritance Tax in California
An inheritance tax is a state tax that you would pay on an asset that you received from someone who has died. Under federal law, these taxes only take effect when an estate is worth more than $1.5...
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Other People’s Money (OPM) Laws
In the legal sense, other people’s money (OPM) refers to any situation in which one party is entrusted with keeping or holding money for another individual. The party holding the money will typically...
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Will Property Dispute Lawyers
Unfortunately for many people, when moving to a new property they are unaware of who their new neighbors or landlords are, and sometimes they may find themselves in a dispute with neighbors or a...
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Trust Property Disputes
A trust is a fiduciary relationship in which one party holds legal title to property for the benefit of certain individuals. A trust is created when an individual (the “trustor” or “settlor”) creates a...
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Making Legal Plans for Someone with Dementia
Dementia is a serious illness that causes the loss of cognitive functioning — reasoning, thinking, and remembering — to such an extent that it interferes with a patient’s daily life and activities....
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Living Trust FAQs
Many individuals make an estate plan during their lifetime to control how their assets should be handled and disseminated upon death. The purpose is to eliminate uncertainty and conflicts. Estate plans...
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Are Online Wills Legal?
An online will is a legally binding document that outlines the distribution of an individual’s real and personal property upon their death. This document can be generated by downloading it from a...
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New York Estate Tax
The legal term estate tax refers to a specific tax imposed on a decedent’s right to transfer property of their estate upon their death. The estate tax is specifically imposed when the estate is passed...
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What Does a Trust Protector Do?
Trust protectors are appointed to advise and supervise trustees. The trustor, or the person who creates the trust and donates the property to the trust, appoints both the trustee and the trust...
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Memorandum of Intent in Special Needs Planning
Most parents regard providing for their children as a critical estate planning priority. When providing for a special needs child, however, additional care must be taken to give financial support...
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What Is a Will Attorney?
A will attorney deals with various concerns with wills and estate documents. Wills are legal papers that specify how a person’s property should be distributed after they die. As a result, wills are a...
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Does My Will Need to Be Notarized?
While it is strongly recommended that you speak to a lawyer before drafting and signing a will, there are some options available for writing a will on your own. These can make sure that your last...
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How Much Does an Estate Lawyer Cost?
Estate planning is essentially an instruction manual that guides other individuals on how to manage and distribute a person’s property, personal belongings, and/or assets (i.e., the estate), when they...
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Dying without a Will
A valid will contains instructions on how a person’s estate is to be distributed amongst the named beneficiaries upon the estate owner’s death. When a person dies without leaving a will to dictate the...
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How to Probate a Will in Texas
To “ probate a will” means to pass a will through the legal process where the property and estate of the deceased will holder are distributed to the intended beneficiaries. Intended beneficiaries...
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