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DIGITAL ASSETS:  PASSING ON YOUR ELECTRONIC PHOTOS, FILES, ACCOUNTS, AND DATA

DIGITAL ASSETS:  PASSING ON YOUR ELECTRONIC PHOTOS, FILES, ACCOUNTS, AND DATA

When a loved one passes away, probably the furthest thoughts from your mind at that time are:  How do I access and preserve their digital assets of value? And, what are their passwords? First, let’s define “digital assets.”  A strict definition...
WILL YOUR WILL WORK? THE PROBLEMS WITH ONLINE WILLS AND TRUSTS

WILL YOUR WILL WORK? THE PROBLEMS WITH ONLINE WILLS AND TRUSTS

I have had several potential clients and even friends ask me my opinion about online, do-it-yourself, estate planning documents.  In recent years several websites have popped up offering a glamorous opportunity to prepare your will, trust, and/or other estate planning...

THE ESTATE OF THE ARTIST FORMERLY KNOWN AS PRINCE

A few weeks ago, the news media were replete with articles about the highly successful, music genius, rock-legend Prince.  He has sadly joined the ranks of world-famous icons who have died leaving fans wanting more.  He has also apparently joined the group...
JOINT TENANTS

JOINT TENANTS

We often see clients who have been advised by someone else that holding bank accounts or real property as “Joint Tenants” (also called “Joint Tenancy”) is a cheap way to avoid probate costs.  It’s true that if one of the joint tenants passes away, the other joint...
REVOCABLE OR IRREVOCABLE: THAT IS THE QUESTION!

REVOCABLE OR IRREVOCABLE: THAT IS THE QUESTION!

When a client comes in to our law firm for the first time, they usually ask us to explain the basic concepts of estate planning and to make recommendations on how they should proceed.  Our attorneys will share with the client how doing a plan with us can help to...
THE BIGGEST ESTATE PLANNING MISTAKE: DON’T FORGET TO FUND YOUR TRUST

THE BIGGEST ESTATE PLANNING MISTAKE: DON’T FORGET TO FUND YOUR TRUST

One of the most common mistakes in Estate Planning is:  A person will go to a lawyer (or some non-lawyer salesperson will come to their door) and they are talked into “purchasing a Trust” to help protect the person’s assets and to avoid probate...