Posts tagged Q&A
Talking to Parents About Estate Planning: 5 Tips

If it's time to talk with your parents about estate planning but you're not quite sure how to start, these five tips from Ampersand Law will help you begin the conversation.

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(Un)Safe Deposit Boxes

A safe deposit box (aka safety deposit box) is a great place to store valuable and/or important things, right? (Wondering, "what is a safe deposit box?" Click here.) Well, it depends (and yeah, it's totally fine to insert a groan here for this classic lawyer non-response).

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The Truth About Being an Executor

The Executor (or Executrix or Personal Representative) is the person (or people) you name in your Will who will be responsible for carrying out the terms of the document after you die. The exact duties vary from state to state, and can even vary within a state based on the specifications of different Wills. But, generally speaking, an Executor is responsible for things like:

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True or False: Having a Will = Avoiding Probate

False....

Your Will controls what happens to your probate property when you die. (What's probate property? Dive deep into the blog archive here to find out). And....Probate property is subject to probate...

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Q&A: When Should I Rewrite My Will?

QUESTION: When should I rewrite my will?

ANSWER: It depends on what has changed in your life since it was first written. Keep reading to find out some of the most common times when revision is either a good idea or even necessary.

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Property: Probate or Non-Probate?

Whether you know it or not, in estate planning terms all of your property falls into one of two categories: probate or non-probate. This matters because Wills typically only control what happens to probate property. (And if you're currently sighing a bit and thinking, “here we go...” you're not alone.)

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Q&A: How complicated is it to write a will?

QUESTION: How complicated is it to write a will?

ANSWER: Probably less complicated than you think!

I regularly hear, "it's too complicated," as one of the main reasons people haven't written a will. For people with blended families, complicated finances, numerous lengthy and specific property distribution bequests, and/or vast amounts of wealth - yes, it can be complicated.

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