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Estate Planning Requires Clear Direct Language, or Does It?

Contrary to what you might expect, using precatory language such as ‘I wish’ or ‘I hope’ can play an important part in three estate planning objectives.

05/22/23 • by: Law Office of Michelle Adams

What Is Probate?

How this is handled now depends on the plans the deceased made when they were alive. For some people, that might mean probate.

05/01/23 • by: Law Office of Michelle Adams

Can a Revocable Trust Protect Assets from Creditors?

With a revocable trust, you are typically both the founder and the trustee. This means that you both create the trust and manage its assets and operations.

02/21/23 • by: Law Office of Michelle Adams

Where Should an Estate Plan Be Stored?

Safeguarding legal documents and providing access to this information is a big consideration in your caregiving plan.

01/16/23 • by: Law Office of Michelle Adams

What Is Included in an Estate Inventory?

One of the essential steps in the probate process is filing an inventory of all the assets that are part of the estate.

01/16/23 • by: Law Office of Michelle Adams

Can You Plan for Probate?

The probate process can be expensive for some estates. Settling an estate through probate can cost you both time and money.

12/12/22 • by: Law Office of Michelle Adams

How Does Probate Court Work?

Probate court is a segment of the judicial system that oversees the execution of wills as well as the handling of estates, conservatorships and guardianships.

10/20/22 • by: Law Office of Michelle Adams

Can Trusts Help Create Wealth?

One type of trust, the qualified perpetual trust, can be used to pass assets down to your beneficiaries, decade after decade.

08/22/22 • by: Law Office of Michelle Adams

What are Alternatives to Guardianship?

We all want to protect vulnerable people from harm. However, taking away all their rights usually isn’t the place to start. Instead, there are several less severe options that could be the right way to go.

08/03/22 • by: Law Office of Michelle Adams

Addressing Vacation Home in Another State in Estate Planning

So why should you consider a more comprehensive plan than just leaving an out-of-state vacation home in your will?

08/01/22 • by: Law Office of Michelle Adams

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