Dangers of Creating A Will Without Legal Assistance
People sometimes try to save money by not consulting with a qualified attorney when executing their will, instead using a pre-printed form or online program. A recent court case offers yet another example of the hazards of doing this. Deciding the long-running case, the Florida Supreme Court has ruled that money acquired by a woman after she used a form to execute a will should be distributed...
Read MoreRedo Your Estate Plan Before You Remarry
If you are getting remarried, you obviously want to celebrate, but it is also important to focus on less exciting matters like redoing your estate plan. You may have created an estate plan during your first marriage, but this time it will probably be more complicated–especially if you have children from your first marriage or more assets. The following are some pointers for ensuring your...
Read MoreWhen Should You Update Your Estate Plan?
Once you’ve created an estate plan, it is important to keep it up to date. You will need to revisit your plan after certain key life events. Marriage Whether it is your first or a later marriage, you will need to update your estate plan after you get married. A spouse does not automatically become your heir once you get married. Depending on state law, your spouse may get one-third to...
Read MoreHow to Make Changes to Your Will
As life circumstances change (births, marriages, divorces, and deaths), it may become necessary to make changes to your will. If an estate plan is not kept up-to-date, it can become useless. The best way to make changes is either through a codicil — an amendment to the will — or by creating a new will. While it may be tempting to just take out a pen and make changes by hand, this is...
Read MoreGetty Images’ New Policy
In the movie “The Princess Bride” the hero, played by Cary Elwes, is tortured to death. Except it turns out he’s only “mostly” dead, and he can be revived. Likewise, Getty Images now are “mostly” free. Some background. Contrary to what many people believe, photos, drawings, and images are protected by copyright law, and you may not use them without the permission of the owner (usually the...
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