Probate… Ugh! Am I right? When discussing probate with clients, I sometimes feel like I’m talking about Memphis to someone back home (I’m from Knoxville). It’s not that bad! I go there on purpose! I like it there! You shouldn’t be afraid of it!
Why Avoid Probate? Although probate is not as bad as you probably think it is, there are still some very good reasons to avoid it:
- Unnecessary Cost. Why pay unnecessarily to accomplish your wishes?
- No Privacy. Your nosey neighbors will know you cut out one of the kids.
- Delays. It simply takes longer to get your stuff to your family.
How to Avoid Probate? So, how do you avoid probate? Methods include: Continue reading How would you like to avoid probate?
I know you have been hanging on my every word. I know that you have been wondering what could I possibly be up to that is so important that I don’t have time for you. I’m sorry. I never intended to neglect you. My only excuse is that litigation is taking up more and more of my time.
But Rob, I thought you were an estate planner! What are you doing in litigation? That’s an excellent question.
The answer is: Fiduciary Litigation.
What is Fiduciary Litigation you ask? Another great question.
Well, lets start with what a fiduciary is. Continue reading When the Estate Plan Goes South: Fiduciary Litigation – Beneficiary versus Trustee.
First, let me say that the Death Tax no longer affects the vast majority of Americans. You probably do not have to worry about this. I wish you did, because that would mean you were doing pretty well in life. First world problems!
Continue reading The Death Tax: A primer on Federal and State Estate and Gift Taxes.