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Estate Planning Articles

What Is an Executor?

An executor is the person responsible for managing the administration of a deceased person's estate.

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Do You Need a Lawyer to Write a Will?

You aren't technically required to hire a lawyer to draft a will, but failing to do so could lead to costly problems for your family and other heirs.

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Lack of a Will Could Mean Chaos for Prince's Estate

The famed recording artist Prince died leaving an unknown fortune and possibly no will or estate plan to dictate what to do with that fortune. You don't have to be worth millions to learn a lesson from Prince's apparent mistake. 

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Judge Orders Refund to Estate That Paid Tax Before Madoff Con Was Revealed

When New Jersey resident Theodore Warshaw died in 2006, his estate was valued at more than $1.8 million. Unfortunately, ..

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Will Giving Estate to Mick Jagger Is Reminder of Risks of Disinheriting Relatives

When fashion designer L'Wren Scott committed suicide, she left her entire estate to her boyfriend, Mick Jagger, instead of to her sister or brother.

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Single? You Still Need an Estate Plan

Many people believe that if they are single, they don't need a will and other estate planning documents...

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Three Reasons Why Joint Accounts May Be a Poor Estate Plan

Many people, especially seniors, see joint ownership of investment and bank accounts as a cheap and easy way to avoid probate since joint property passes automatically to the joint owner at death. 

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Woman's Efforts to Change Will Without Professional Assistance Backfire

A recent court decision in Minnesota serves as a cautionary reminder to anyone thinking of changing their estate plan on their own. 

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