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January 2011 Archives

Learning from other people's estate planning mistakes

Creating wills and trusts or making an estate plan can be a complicated task. Fortunately, you can always turn to an estate planning attorney to help you put your wishes down on paper in a way that moves you toward your goals. However, people sometimes fail to make plans, or the plans they do make are fatally flawed.

A creative way of dealing with estate and end-of-life planning

Few of us are comfortable talking about our own death or the deaths of loved ones. This simple fact makes estate planning a difficult topic to bring up in conversation, and an even more difficult topic for extended conversation and planning. However, as difficult as these conversations are for many of us, in some cultures this type of talk is almost unheard of.

Study Says African Americans Less Likely to Use Living Wills

One of the most important estate planning-related documents you can have is a living will. These documents, also known as advance directives, are legal documents that establish your end-of-life plans, such as directions about using heroic measures to save your life or the use of long-term life-support machines.

Elizabeth Edwards Leaves Husband out of Will

Elizabeth Edwards signed her last will several days before her death in December. That will made no mention of her estranged husband John Edwards. The couple had separated after it came to light that John Edwards had an affair and fathered a child with another woman.

Historic Estate in East Hanover is at the Center of a Development Dispute

When Catherine Froling passed away several years ago at the age of 88, her estate became the owner of her home and a separate piece of property that includes about four acres of land surrounding the home. The house is known as the Adoniram Pruden home and dates back to 1749. According to an article in the Daily Record, some preservation organizations are concerned that the house has fallen into disrepair as the children of Ms. Froling engage in litigation over the property.

Powers of Attorney in Estate Planning, Part 2

In our last post, we began discussing the subject of powers of attorney and why they might be a useful part of an estate plan. In this post, we will discuss these documents in a little more depth and touch on some of the issues you might consider when drafting these documents.

Creating a Power of Attorney an Important Step in Estate Planning

A power of attorney is one of those important documents that can be critical in the event that something happens to you. We've mentioned those documents before, but it might worth spending a little more time talking about what they are, what they are good for, and how they are created.

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