Senior Safe Act

The House of Representatives recently passed an important piece of legislation that will help protect the elderly from financial exploitation.

What is one of the many issues hindering the fight against financial abuse of the elderly? The people who are often in the best position to notice it, fear speaking up about it.

People who work at financial institutions and insurance companies often see suspicious transactions. If they report their suspicions to authorities, they open themselves up to potential liability, if it turns out that they were wrong. In fact, they may be in trouble even if they were correct,...

Lost Jackie Kennedy Portrait Resurfaces

Lost Jackie Kennedy Portrait Resurfaces image

The estate of one of Jackie Kennedy’s relatives is suing an art collector over a portrait of the former First Lady that was painted when she was 19. The painting is believed to have been lost or stolen decades ago.

When Jackie Bouvier was 19 years old, she fell off a horse. It was not certain whether she would survive, since she was unconscious for a few days.

Shortly thereafter, her father commissioned an oil painting of her to make sure that a lasting memory of his daughter was preserved. The young woman did survive and went on to became...

Where Is Your Will?

Where Is Your Will? image

It would be unfortunate to create a will and have no one be able to find it after you pass away.

Getting an estate plan is not the most difficult thing you will ever do. An experienced estate planning attorney will do most of the work of making sure you have an estate plan that will be effective at fulfilling your wishes.

However, you still would have put a lot of time and thought into the process, so you can tell the attorney what your wishes are. This is true, even if your estate plan consists of nothing more than...

Wills Go Through Probate for a Reason

Wills Go Through Probate for a Reason image

Wills and trusts are sometimes thought of as equivalent estate planning tools that do the same thing, only with different processes. There is an important legal distinction between the two.

When planning for their estates, many people consider whether it is better for them to get a will or a trust. Much of this consideration centers on the probate process because many people assume that wills and trusts do the same things.

People know that wills have to go through probate, while trusts do not. Therefore, if they do not want their estates to go through probate, they should get...

Thinking of Doing Your Own Estate Plan?

Thinking of Doing Your Own Estate Plan? image

It is possible that with a little bit of reading and perhaps downloading a few forms, that you can create an estate plan for yourself. It is usually a mistake to do so.

Most people would prefer to avoid paying for the services of an attorney, if they can avoid doing so. This is true even in estate planning.

Many people think they have straightforward desires regarding who should get their assets after they pass away. As a result, they do a little bit of research and may download a form or two to guide them. After a few hours,...