What does this require of me? Under a general financial power of attorney you will be appointed to represent your step-father, the principal, with respect to his financial affairs. This means you are in a fiduciary relationship and held to…
Actually 46 states now allow pet trusts, including South Carolina, but you can’t leave monies and assets directly to the pet. A decade ago only 4 states allowed pet trusts. In December of 2011, 94-year-old Italian heiress Maria Assunta, who…
A recent medical scare has caused me to pause and now consider planning a priority. Any words of wisdom before I do a will? About 73% of parents have no will and some that do are unaware that their kids…
He and his wife have made no effort to pay us back. They are both in good health and employed, but always say they are short of money. When we brought up the subject our son, an only child, indicated…
And some of my aunts and uncles were talking about our “heirs’ property”. It appears I have some interest in an old house and tract of land, what should I do? Heirs property occurs when an estate that contains real…
Some attorneys and financial planners prefer living trusts as a primary estate planning vehicle, but each have their usefulness. Wills can be prepared inexpensively, are familiar and understood by the average person to speak on behalf of a loved one…
I want to sell the property, but wondered how to convey the deed when I find a buyer. At the very least the deed over to the new owner will have to be accompanied by a notarized Certificate of Trust…
Yes. If you think about it simple sweetheart wills that give all to the spouse then to the children, but only if the spouse predeceases, effectively initially disinherits the children. From a historical perspective under old English law a man…
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