by Crista Hermance | Apr 6, 2021 | Uncategorized
We collect stuff throughout our lives. This “stuff” is known as our personal property. Some items are valuable, like jewelry, baseball cards, and works of art. Other items are sentimental, like grandma’s tea set, old christmas ornaments, and photographs. Regardless of... 
by Crista Hermance | Mar 30, 2021 | Uncategorized
When you create a living trust, you must name a successor trustee to take over for you if you are unable to act due to incapacity or your passing. It is crucial that this decision be given careful consideration and that the right person be selected for the job. Role... 
by Crista Hermance | Mar 23, 2021 | Uncategorized
After a loved one passes away, their money and property must be distributed to the right people, either according to their will or the state’s default distribution scheme (found in its “intestacy” statute). While most people want the settlement process to be done... 
by Crista Hermance | Mar 16, 2021 | Uncategorized
The bad news: When a deceased person’s estate (all of their money and property) has to go through probate (the court-supervised process of distributing a deceased person’s money and property), it can be subject to a variety of costs stemming from attorneys, executors,... 
by Crista Hermance | Feb 25, 2021 | Uncategorized
How your accounts are owned makes a big difference in estate planning. The main objective is usually to ensure that no accounts and property are in only your name when you die. Otherwise, they will be subject to probate, a costly, public, and time-consuming court... 
by Crista Hermance | Feb 18, 2021 | Uncategorized
When a family member or other loved one dies, grief and shock can sometimes be overwhelming. The last thing most people want to think about is making phone calls or funeral arrangements. Some things do not need to be done immediately, but there are some steps that... 