We will present on our blog, various relationship situations regarding wills and inheritance we read recently in the news. Most of us know the importance of will, however we procrastinate. We see the same problem with people knowing the importance of securing their family's photos and videos and getting them transferred to digital format. It's not top priority or they don't see the urgency of securing their irreplaceable family photos, videos and documents. How often do we read people losing everything during natural disasters. The first thing they miss is their family memories. We are aware those assets deteriorate and have short shelf time. When a problem arises from natural disasters or storing them in hot or humid environment, the loss is irreversible. You may rebuild a home or recover in time financial losses, however your family's legacy, memories once gone, are gone forever.
The same we see among people in our circles, when we ask them if they have a will or recommend one. They are a bit clueless as to why a will is important, or if there is a will, it's not shared with key people. They are a bit at a loss as to which attorney to contact or the importance of a will tailored to each person's individual situation and needs. Sometimes they quote that it's too expensive, so we need to ask ourselves, do we need to prevent heartbreaks of our loved ones, once we are gone? How much is your family's photos and videos worth to you?
We like to present and compile various inheritance related issues in the news, which reminds us of the importance of having an expert attorney ASAP. A simple will or DIY online will forms may cause a lot of trouble for our loved ones. Today we have selected few articles, which hopefully will help you take action and get your family and various relationships into count and ensure the ones you really want to inherit, get them. Hiring the right expert is always priceless.
Your comments and experiences are most welcome. Please leave your comments below.
Ex-manager for comic book legend Stan Lee pleads not guilty to elder abuse
LOS ANGELES (AP) A former business manager to Stan Lee pleaded not guilty to elder abuse charges that allege he stole from the late Marvel Comics legend and held him against his will.
Published in USA Today: Please click here for the full article
Prenups and second marriages, now it's the norm to avoid unpleasant situations someday:
Surge in post-nup deals for late bequests and second marriages
Wealthy individuals and celebrities have long insisted on pre-nuptial agreements â legal deals to divide assets in case of the relationship breaking down at a later date. Article by Jane Bradley published on 18 May 2019
Click here to read the full article
Q. My father died without a will. He had a timeshare. I didnât claim the timeshare in probate and I had no interest in it. The timeshare company was notified of his death, but they keep sending letters to him. Whatâs my responsibility here?
Please click here for the response
How to Keep Your Heirs from Blowing Their Inheritance Spendthrift trusts may sound like you're trying to keep your kids from frittering away your legacy, but they are not just for those with spending problems. They're useful in cases of divorce, substance abuse or where beneficiaries are young or financially inexperienced. Article By PHILIP J. RUCE, J.D., LL.M., Estate Planning Attorney published on June 5, 2019
Please click here for the full article