Born in 1968 to Elvis and Priscilla Presley, Lisa Marie followed in the footsteps of her father as far as heart trouble. While her father died from a heart attack at the age of 42, she died due to heart problems nearly 46 years later, in January 2023.
Category Archives: Assets
Between planning, permitting, and construction, the home remodeling process can take months to complete. But even after the finishing touches have been applied, you may still have work to do. If the home is part of an estate plan, a remodel can affect that plan and require changes to it. To keep your estate plan up to date, make sure to discuss a home remodeling project with an attorney.
Raquel Welch had a reported net worth of $40 million. This will presumably go to her two adult children. However, few details reveal Welch’s estate plan. This suggests that she was also savvy about estate planning.
Complex probate processes can be costly and take years to finalize, which is why many individuals retain an estate planning attorney to minimize probate proceedings.
Elder law lawyers may also focus on representing individuals with special needs and their families throughout the process, including attending hearings and communicating with the court. Navigating the legal process can be complex and vary by state. An elder law, disability, or special needs attorney will take all necessary steps and meet all deadlines throughout the legal process.
Aaron Carter failed to achieve the stardom of his older brother Nick. Nevertheless, he succeeded as a performer in his own right. He opened for the Backstreet Boys at age nine.
Do you still own the same property or have the same account balances as when your plan was first created? What will the balances be like at your death?
Unlike a will, a trust will help keep your estate from going through an expensive, time-consuming, and public probate process. If you set up a trust, with trustees, you still create a will, but it becomes a pour-over will, which moves (pours) your assets into your trust.
The probate process is generally efficient in smaller estates but can become lengthy and complex in larger ones. States have varying probate codes, and many have informal and formal processes.
When creating a trust, you can include specific provisions in your trust agreement that will either encourage or discourage certain kinds of behavior.