A power of attorney document gives you the ability to appoint a person or an organization the right to manage your affairs if you become incapacitated and can no longer do so for yourself. You can designate anyone you trust to act as a power of attorney. In many cases, people name an actual lawyer …
When a person passes away, it can take several months, even several years to administer the person’s estate. Depending on the complexity of the estate, the number of beneficiaries and the types of assets involved, the amount of work to conduct probate administration could be considerable. For some estates with few assets, it may be …
As you grow older, part of the peace of mind you want is to make sure that your loved ones and family members are taken care of according to your wishes after you pass away. This does require work and pre-planning on your part, but if you take care and put effort into the front …
The importance of choosing the right estate administrator Read More »
At times, publicly traded companies and corporations can find themselves the focus of a government inquiry or investigation. These inquiries may come from securities regulatory enforcement agencies such as the Securities and Exchange Commission (SEC), Commodities Futures Trading Commission (CFTC) and the Financial Industry Regulatory Authority (FINRA). The inquiries and investigations can center around any …
What is the definition of conservatorship? When a person can no longer take care of themselves when it comes to finances and health care, the courts will place powers and responsibilities to manage that person’s affairs in the hands of a conservator. In some cases, an individual who is in failing health may have already …
Conservatorship Definition, Responsibilities, and Attorney Cost Read More »
When a person passes away and a trust document is in effect, the trust will have to be administered according to the wishes of the settlor (originator) of the trust. Trust administration has many steps in it and often, an attorney is called upon to not only set up the trust, but to administer it …
Publicly traded companies have a duty to their shareholders to provide transparency and make every attempt to create a reasonable rate of return. When businesses struggle, that can create issues that put executives at odds with each other, the public, regulators and shareholders as they attempt to produce profits and maintain shareholder value. That pressure …
Six essential elements of shareholder litigation Read More »
When a person passes away, their assets must be disbursed in a manner consistent with state laws and following the directions they put forth when they were alive, as stated in their will. A probate lawyer guides the executor of will or beneficiaries of an estate through the probate process: From identifying estate assets and …
Unfortunately, as people age they may become incapacitated or lose mental acuity. An altered mental state makes managing their financial affairs either difficult or impossible and that’s when those around them jump in to take advantage of the situation. It could be family members, friends, bank employees, doctors, or trusted advisers who will step over …
When a person passes away, his or her assets must be distributed. Probate is the mechanism by which this occurs. Usually, a will spells out the wishes of the decedent, directing which family members, friends and other heirs will receive which assets. Most of the time, these instructions are clear and the process proceeds without …
The death of a family member always signals a change. Family dynamics can be thrown into uncharted territory, and long-standing relationships are often forced to be redefined. Even before a loved one passes away, the emotional upheaval attached to an estate and family assets can also produce intense feelings of sadness, anger, isolation and other …
Common ways that an estate plan may be challenged Read More »