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Recent Posts in Wills & Trusts Category

27 results found. Viewing page 1 of 2. Go to page 1 2   Next

Protect Your Family Assets with a Legacy Trust

A legacy trust, also known as a ‘wealth trust’, is an irrevocable trust which allows you to set aside assets separate and apart from your primary estate. Since assets placed in a legacy ...
Continue reading "Protect Your Family Assets with a Legacy Trust" »

Mistakes to Avoid when Writing your Will

Everyone has a bucket list filled to the brim with life aspirations, such as exercising every day, eating healthier, starting a new hobby and repainting your kitchen walls. What's probably first ...
Continue reading "Mistakes to Avoid when Writing your Will" »

When is it Time to Create a Will?

The story of the multi-car crash on the evening news ended happily, all parties coming out unscathed. But such scenarios don't always end with everyone walking away. In some scenarios it will be ...
Continue reading "When is it Time to Create a Will?" »

Consider Whether to Make a Codicil or a New Will

Will you require any changes made to your will at some point in the future? If so, it is a good idea to think about whether you should make a codicil or entire new will. The type of change will ...
Continue reading "Consider Whether to Make a Codicil or a New Will" »

Life and Law Changes: Keeping Your Estate Plan Current

You have had your Will done, a Trust set up, and Power of Attorney executed. Are you confident that your loved ones will be appropriately cared for in the event of your death? Keeping your estate plan ...
Continue reading "Life and Law Changes: Keeping Your Estate Plan Current" »

Guardianship: Make Sure Your Children Are Protected

Being a parent is one of life’s greatest pleasures. Taking care of your child, though, is more than making sure he or she has their basic needs met today, it also requires thinking of their ...
Continue reading "Guardianship: Make Sure Your Children Are Protected" »

The Do's and Don'ts of Writing a Will

It's an important topic, but unfortunately, it's one that many people would rather avoid: writing a will. After all, considering our last will and testament forces us to think about our own ...
Continue reading "The Do's and Don'ts of Writing a Will" »

Will Contests Can be Costly: Is Fighting the Will Worth It?

You may have heard horror stories before. An elderly parent passes away, leaving tens of thousands of dollars to one child and completely ignoring the other in the will. These sort of cases blindside ...
Continue reading "Will Contests Can be Costly: Is Fighting the Will Worth It?" »

Why You Should Consider Videotaping Your Execution Of Your Last Will and Testament

It is the oldest theme in human history. It starts with a family. Add in property – land or stock or jewelry or collectibles. Over time, the patriarch (or matriarch) wishes to change the ...
Continue reading "Why You Should Consider Videotaping Your Execution Of Your Last Will and Testament" »

What Is An Asset Protection Trust: Why do you need it now?

You've worked hard, accumulated property and monetary assets you want to pass on to your heirs. The logical conclusion is to set up a type of trust to protect your assets from creditors or ...
Continue reading "What Is An Asset Protection Trust: Why do you need it now?" »

What About Rover?: Setting Up a Trust for Pets

Today, pets are really part of the family. Ask any pet owner what they think about their animals and they will use words like “love,” possibly even addressing them as individual family ...
Continue reading "What About Rover?: Setting Up a Trust for Pets" »

Do You Need a Revocable Trust?

Do you need a revocable trust? Let's begin by defining what this is. A revocable trust is a living trust that allows flexibility to change the trust due to lifestyle changes. The creator modifies ...
Continue reading "Do You Need a Revocable Trust?" »

Top 10 Duties of an Executor of an Estate

The executor of an estate handles the financial responsibilities of the estate. They carry out the wishes of the deceased whether there's a will involved or not. After the owner of the estate ...
Continue reading "Top 10 Duties of an Executor of an Estate" »

Understanding What a Sweetheart Trust Is

What is a Sweetheart Trust? We know trust is a scary legal word, but we're glad to unpack it for you. What it actually describes is a particular type of relationship that is recognized by the law. ...
Continue reading "Understanding What a Sweetheart Trust Is" »

The Importance Of Every Parent Having A Will

When it comes to being a parent, it is your job to make sure that your child is taken care of. There are many ways that you can do this. You make sure they have food, shelter, clothing, toys, your ...
Continue reading "The Importance Of Every Parent Having A Will" »

The California Health Care Foundation Encourages Californians to Discuss End-of-Life Decisions

Recently, the California Health Care Foundation (CHCF) encouraged Californians to discuss end-of-life decisions. This came on the heels of a survey the CHCF did that showed that while 60% of ...
Continue reading "The California Health Care Foundation Encourages Californians to Discuss End-of-Life Decisions" »

How to Talk About Estate Planning With Your Parents

An uncomfortable conversation, estate planning is something siblings need to discuss with parents. Normally it's something you don't think about or ask because you can't imagine losing ...
Continue reading "How to Talk About Estate Planning With Your Parents" »

The Importance of a Will: Why You Need One

Some people have wills while others do not. They might not be worried about their things when they are gone. They might think that they do not have enough money to worry about having a will. However, ...
Continue reading "The Importance of a Will: Why You Need One" »

Should You Transfer Property To a Trust?

Creating a trust involves financial decisions planning. As you begin the road to creating a trust, you think about all your monetary finances to add. There are also concrete assets that don't hold ...
Continue reading "Should You Transfer Property To a Trust?" »

What is the Burden of Proof in Trust and Will Contests?

Today we'd like to talk about the burden of proof in trust and will contests. There's a lot going on in that phrase, however, that non-legal people might have trouble with, so let us unpack it ...
Continue reading "What is the Burden of Proof in Trust and Will Contests?" »

What Happens If the Testator Has a Physical Inability to Sign a Will?

Sometimes when our estate planning attorneys are working on a will here at the Law Offices of James C. Shields, we're confronted with a client with a physical inability to sign a will. It can be ...
Continue reading "What Happens If the Testator Has a Physical Inability to Sign a Will?" »

The 4 Steps You Need to Know About the Probate Process

What is probate ? After a loved one dies, the legal process known as probate takes place. As it is overseen by probate court, it typically includes the following: Proof that the will of the deceased ...
Continue reading "The 4 Steps You Need to Know About the Probate Process" »

5 Common Estate Planning Mistakes to Avoid

Estate planning is the process in which we anticipate and arrange the disposal of our assets (property) during our life. It also involves the people around you, including family, friends and sometimes ...
Continue reading "5 Common Estate Planning Mistakes to Avoid" »

Health Care Directive: What is it and who Needs One?

Caregivers are sometimes faced with tough decisions when it comes to the medical care of a loved one. A health care directive involves a set of written orders given by an individual in advance so that ...
Continue reading "Health Care Directive: What is it and who Needs One?" »

How to Smooth Over Wills, Estates and Trusts Issues

In wills, estates and trusts law, it is not uncommon to come upon situations in which a person's life is not what you would call conventional. That may be the case with a Swissvale, Pennsylvania ...
Continue reading "How to Smooth Over Wills, Estates and Trusts Issues" »
27 results found. Viewing page 1 of 2. Go to page 1 2   Next
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