Caring.com produces an annual survey showing how we are doing in terms of creating and maintaining a Personal or Family Contingency Plan™ (my words – estate plan = their words). The 2021 survey, states that “while the COVID-19 pandemic has increased people’s desire to...
“No matter how much or how little you have, estate planning determines the future of your belongings, your money, and your family if you are incapacitated or after we pass… only 32% of American adults have a will or other estate planning documents, according to...
LA Times – Larry King’s handwritten will complicates the fight over talk-show host’s estateFebruary 16, 2021 Larry King was famous for saying he never researched or prepared for an interview with a guest. He just let it happen. That may work for a TV interview...
Tony Hseih, the force behind Zappos.com, recently died in a fire in Connecticut. He was worth many, many millions of dollars. Generally not a problem most of us will have but like many of us, he did not have any plan in place for his incapacity and passing. He...
“The death of a loved one will almost always illicit any repressed feelings, [feelings of greed, entitlement], and grudges held by [the children and other] heirs [causing those feelings] to come front and center, which is usually a recipe for disaster as far as the...
When it comes to determining what assets get left to which beneficiary (child, friend, sibling, niece, nephew, etc.). I often hear one of two things… “I want to give equally to my beneficiaries,” or “I want to be fair in how I distribute my assets.” Equal means just...
