Condition of the estate of a person who dies without having made a valid will or other binding declaration
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In today's episode of Tuesday with Tom, we're diving into what really happens if you die without a Will in Michigan. Who gets your assets? What if you have no close family? I'll walk you through the State's Intestate Succession laws and explain why having a Will — even a simple one — can save your loved ones time, money, and stress. Plus, I'll share how Amanda and I can help you create or update your estate plan, and the convenient ways you can get started.
In this episode of Absolute Trust Talk, host Kirsten Howe welcomes back accomplished estate planning attorney and litigation expert Ruth Kohler Burke for part two of their deep dive into community vs. separate property in estate planning. Together, they unravel the complexities of property characterization and highlight how proper planning can save you from expensive, stressful situations. From intestacy horror stories to blended family challenges, Ruth shares real-world examples and valuable insights gained from her 25+ years of experience, including representing Fortune 500 companies. Whether you're managing family dynamics, navigating divorce, or ensuring your legacy, this episode provides actionable advice to help you avoid estate planning pitfalls. Time-stamped Show Notes: 0:00 Introduction 1:10 Welcome back, Ruth Kohler Burke! We're kicking off the conversation with why property characterization matters when someone dies without an estate plan. 2:31 Why is differentiating separate and community property from each other so critical? Understanding this distinction is key to effective estate planning. 5:09 What happens when a minor inherits property? Let's dive into the complications and the role of guardianship. 6:20 Horror story: Avoid this estate planning nightmare! Listen as Kirsten and Ruth talk about an example of intestacy gone wrong and how it could have been prevented 7:50 Sometimes, separate and community property isn't a simple black-and-white matter. Here's what you need to know. 10:32 Key takeaway: Don't die intestate—the essential advice to avoid unnecessary complications for your loved ones. 11:40 We hope you enjoyed this episode with our special guest, Ruth Koller Burke! Get in Touch with Ruth! Koller Herlihy LLP http://www.khtrustlaw.com Email: rkoller@khtrustlaw.com Phone: (925) 954-1268
Navigating probate without a will can be a legal nightmare. What if you discovered that your surviving spouse might not inherit everything? Join us on the Elder Law Report with McIntyre Elder Law as attorneys Samantha Gordon and Jane Dearwester uncover the harsh realities of intestate succession. You'll learn how this complex legal framework can impact your family, especially if you have minor children, multiple properties, or assets requiring streamlined distribution. Jane explains the legislative intricacies in Raleigh that can lead to unexpected complications for surviving spouses and family members.During this episode, we break down the misconceptions around intestate succession and the extensive legal hurdles it creates. Samantha and Jane discuss the emotional and financial toll on families who must endure this lengthy, expensive process while already dealing with the loss of a loved one. We highlight why it's crucial to have a well-thought-out estate plan and avoid probate whenever possible. Gain invaluable insights to ensure your loved ones are protected and your assets are distributed according to your wishes. Don't miss this essential guide to safeguarding your family's future.
Here's what to expect on the podcast:Adam's Eisenhower Fellowship experience.What led Adam to create Buried In Work?The various products and services offered by Buried In Work.Why is estate planning important, and when should people begin considering it?And much more! About Adam:Adam Zuckerman is the Founder of Buried in Work, which provides resources and services to simplify estate planning/organization, end-of-life tasks, and estate transitions. He's an attorney, MBA, and Eisenhower Fellow with a diverse background that spans finance, media, consumer package goods, and clean energy. Connect with Adam Zuckerman!Website: https://buriedinwork.com/LinkedIn: https://www.linkedin.com/company/buriedinwork/Facebook: https://www.facebook.com/buriedinwork/ Connect with Anne Zuckerman!Websites: https://justwantedtoask.com/ | https://annezuckerman.com/Bezi Woman: https://beziwoman.com/ | https://www.beziwoman.shop/two-step-order1591558404525Facebook: https://www.facebook.com/bezibradiscsInstagram: https://www.instagram.com/beziwoman/
Join us for our live event as we sit down with Family Law Attorney, Kimberly Brown, to discuss the best way to store your estate planning documents once they've been signed, and why it's important to have a plan in place. In this interview, Kimberly addresses the following:· What constitutes “estate planning documents”? · Should you store your original estate planning documents in your safe deposit box? · Should you store your original estate planning documents in your home safe? · Should you ask your estate planning attorney to store your original estate planning documents? · Should you give your original estate planning documents to your personal representative??· What sort of other items can you include with your estate plan documents?· Who should you give information to about how to access these documents?If you would like to speak with one of our attorneys, please call our office at (503) 227-0200, or visit our website at https://www.pacificcascadelegal.com.Disclaimer: Nothing in this communication is intended to provide legal advice nor does it constitute a client-attorney relationship, therefore you should not interpret the contents as such.
Mint's Shipra speaks to Sneha Makhija, Head of Wealth Planning, Sanctum Wealth about the mess one can leave their family in by not creating an estate plan and how to create one
Ever wondered how a trust can serve as more than just a vessel for your assets? Ever pondered, how it can protect your wealth that isn't even there yet? My law partner, Britton Begley, an estate planning expert with an LLM in taxation, and I, Greg McIntyre, bring you a lively discussion unraveling these intricate concepts. We shine a light on the trust, not just as a holder, but as a receiver of assets, exploring its role in safeguarding your wealth and shielding your spouse from potential liabilities. We're talking about everything from IRAs to life insurance, and how you can use a trust to ensure they serve your best interests. Beyond just a holder and receiver, we delve into how a trust can also act as a 'conduit', aligning with the IRS code and effectively controlling the distribution of pre-taxed money to your beneficiaries. Discover how the trust can protect special needs individuals, help manage potential liabilities, and even influence how a young, inexperienced beneficiary spends their inheritance. So tune in today, and let us help you understand how you can maximize your estate, minimize taxation, and use trusts to your advantage.
Ever wondered what happens when you pass away without a will? We had an illuminating conversation with Attorney Wesley White, who sheds light on this topic and explains why it's critical to have a will in place. Wesley, with his legal expertise, took us through the maze of intestate succession laws - the rules that come into play when someone dies 'intestate' or without a will. He painted different scenarios to help us understand how property division occurs if the deceased has a spouse, children, or parents.Wesley underscored the importance of a will as it serves as a roadmap to the division and distribution of your property. He highlighted how to circumnavigate the intestate laws and ensure your loved ones get their fair share. No matter where you're located, Wesley is ready to offer a helping hand to guide you through estate planning. So, if you are interested in understanding how your property will be distributed after your demise, this episode is a must-listen! Enjoy a sense of clarity and peace by tuning in to our enlightening discussion with Wesley.
In Episode 3 of this podcast, Stefan and Wills & Estates lawyer Tristan discuss what happens to your assets if you die without a Will, and why you should take control of your estate planning instead of leaving it to chance. Tristan explains the Intestacy Laws, which are designed to distribute estates as effectively as possible, but do not take into account complex family situations, large asset pools, or vulnerable beneficiaries. They discuss the inadequacies of the system and how it can be overcome with a well thought out estate plan. Don't miss this insightful discussion on Intestate Estates.
What happens when someone dies without a will? We discuss with our guest Amy today the heartbreaking story of the loss of her husband and the unexpected trauma she experienced settling his estate without a plan. Not only did she have numerous accounts and tasks to manage, but it also ended up costing her greater than six figures. Learn more about your ad choices. Visit megaphone.fm/adchoices
A “last will and testament” (or the lack of one) largely determines who gets our or our loved one's assets after death. Also, a will is subject to state laws that guide when and how our assets are distributed. It's an important document, so it's important to understand how a will ensures that our wishes are put into motion. Jeff explains what a will is, what it covers, and the protection it provides. He describes what to expect when it's time to file a will with the court. And based on his experiences, Jeff shares sound advice for how to store our documents and when to update them. It's an informative discussion on one of the best ways we have to create peace of mind. Key Takeaways 01:23 – What is a will? A “will” is a document, also known as a “last will and testament” The will defines who gets what, when, and how The executor/executrix must file a “probate petition” and meet with the court The “letters testamentary,” issued by the Register of Wills Office, confirms the validity of the will and gives the executor authority to take control of the testator's estate Once authority is granted, the executor may carry out the testator's wishes based on information in the will “Intestate succession” means that the decedent did not leave a will, in which case the court determines the administrator (similar to an executor) and how the estate will be handled 04:20 – What assets are covered by a will? A will covers any asset that is owned solely by the testator and does not have a designated beneficiary A will must go through probate The probate process ensures that the appropriate taxes, notices, and other obligations are handled in a timely fashion and in accordance with the state's rules Probate is neither good nor bad, but avoiding probate can leave assets unprotected 07:22 – How and when should a will be stored, updated, and filed? A will gets filed with the court after death The will filed with the court must be the original, not a copy Until the will is filed, be sure the original document is kept in a safe, secure location We recommend updating a will if the testator moves to another state after creating or last updating the will We strongly recommend updating the financial power of attorney if the testator moves to another state 17:02 – Do wills need to be notarized? Wills do not need to be notarized "Self proving of a will” means that the testator and witness signatures have been notarized If not notarized, people must swear an oath to the validity of the signatures when the will is filed with the court Coordinating the witnesses to swear an oath can delay the process, so we recommend that wills are notarized Links and Resources Mentioned Bellomo & Associates workshops: https://bellomoassociates.com/workshops/ For more information, call us at (717) 845-5390 Connect with Bellomo & Associates on Social Media Twitter: https://twitter.com/bellomoassoc YouTube: https://www.youtube.com/user/BellomoAssociates Facebook: https://www.facebook.com/bellomoassociates Instagram: https://www.instagram.com/bellomoassociates/ LinkedIn: https://www.linkedin.com/in/bellomoandassociates Ways to work with Jeff Bellomo Contact Us: https://bellomoassociates.com/contact/ Practice areas: https://bellomoassociates.com/practice-areas/
A will is such an important piece of documentation whether you are 18 or 80. Now, as you continue to further and further outline your will, you may consider establishing a trust for your family, which we will cover in the next episode. Margin Membership Sign-up: https://millennialmargin.com/learn/How are your finances doing? Take the quiz: https://i2tvdm52vbg.typeform.com/to/YFcT68CWJared created Millennial Margin out of necessity, as he has watched countless people schedule-away, mortgage-up, and max-out their lives. Margin is simply the antithesis, providing leeway in an increasingly margin-less culture.Subscribe for daily tips and discussions about how to better manage your personal finances and, by extension, your margin.Listen to the podcast: https://margin.simplecast.com/Have a question? Contact Jared at jared@millennialmargin.comFollow Millennial Margin: facebook.com/millennialmargin, instagram.com/millennialmargin1, or simply visit millennialmargin.comGoal/Disclaimer: My goal with [Margin] is to prepare you with the knowledge but then inspire you to act on that knowledge. My goal is to be in your corner bridging the gap between your trusted CPA, attorney, and financial planner. My advice is simply from my own personal experiences and is not meant to override or replace professional advice from your trusted investment professional. The content found here is for entertainment purposes only.
Guest: Kyle Abrahams | Legal Advisor at BDO Wealth AdvisorsSee omnystudio.com/listener for privacy information.
On this edition of the show, we go over the importance of getting the proper assistance with estate planning and how not seeking the services of estate planning and elder law experts can be problematic. Even if you feel like you do not have enough assets worth protecting, it is better to go to an estate planning and elder law attorney and do whatever planning you can. Start planning as soon as possible with a financial power of attorney once you turn 18. We also talk more about wills and intestate succession, which is better to avoid if possible. Another important topic we cover in this episode is the do-it-yourself kits and online estate planning and why they are not ideal. It is worth spending a little extra money to talk with experts in estate planning and elder law, making sure you plan the right way and do what is best for you and your family's future. We hope you join us for our workshops and continue learning about estate planning and elder law with us! Key Takeaways Takeaway 1: Power of attorney 01:53 - 06:24 You don't need millions of dollars to start estate planning. You can and should start with a power of attorney when you're 18. Anyone over the age of 18 should have planning. If you don't have a power of attorney in place and you lose capacity and the ability to make decisions for yourself, you can't make payments, and somebody has to do that for you. The mechanism that the law has in place is a guardianship hearing, which can be less than ideal. Just because somebody doesn't have the capacity does not mean that they don't understand that they don't like it. It might not feel right being in a courtroom with a person filing a petition at a different table, a different counsel, a judge, somebody transcribing, etc. We want to ensure that nobody is taking advantage of you and doing something you don't want. Guardians can take away your right to make a decision for yourself. That's why it's important to have a financial power of attorney as soon as possible. There is a healthcare statute, but it can lead to a family battle and potentially a guardianship hearing, so it is better to plan early with a financial power of attorney. Takeaway 2: Wills and intestate succession 06:25 - 10:41 If you do not have a will, the government provides one for you. It's not perfect, just like the healthcare statute, but it is better than nothing. Intestate Succession - when the government has to make a decision about what somebody would want to do and create rules based upon what they believe to be true. If you don't have a will, it is not guaranteed that all the money from a parent who passed away suddenly will go to their spouse. The children could take a good portion of the money and be in a situation where they cannot give the money back to their living parent. Intestate succession is at least something, but it is better to be in control and make the decisions. Takeaway 3: Do-it-yourself kits 10:42 - 22:55 Once again, do-it-yourself kits and any online sources are better than nothing, but these kits are done nationally and do not consider the differences between states. Each state has different requirements and laws. Pennsylvania tends to be more strict and difficult with its requirements. Another thing we often see are powers of attorney that are drafted through a kit or online are not going to provide the powers that you need. We can do asset protection in PA. The key is that the document, the powers of attorney, provides in it that you are allowed to do unlimited gifting for the purposes of Medicaid planning, asset protection, asset preservation, etc. That specific language must be in the document. We see 9 times out of 10 “limited gifting” in the DIY kits. They are limited only to the amount of the annual exclusion gift, which is currently around $16,000. When someone enters a nursing home, we have to see if they have the legal capacity to enter a new power of attorney to protect their assets. The kits provide for outright distributions. They have generic wills that could cause problems in certain scenarios. Young adults could end up inheriting 100% of the assets of their parents if they both die unexpectedly, before these young adults are old enough to make responsible financial decisions with that money. It is not a bad idea to make sure that your children won't receive the money until they're older. Another scenario: Somebody wasn't anticipating another individual to be disabled. If somebody is disabled and receiving public benefits, they've now lost their benefits and they've lost the money. We want to build into our plan special needs trusts, understated age trusts, and fallback provisions to protect the money. These are things we have not seen in a do-it-yourself kit. Takeaway 4: Do not count on being lucky 22:56 - 23:42 Go to a certified elder law attorney; go to somebody with knowledge and expertise in estate planning and elder law. Have everything done properly. Make sure that you are educated. Do not count on being lucky. Make sure that what happened to the Bellomo family doesn't happen to yours. Links and Resources Mentioned Bellomo & Associates workshops: https://bellomoassociates.com/workshops/ Connect with Bellomo & Associates on Social Media Twitter: https://twitter.com/bellomoassoc YouTube: https://www.youtube.com/user/BellomoAssociates Facebook: https://www.facebook.com/bellomoassociates Instagram: https://www.instagram.com/bellomoassociates/ LinkedIn: https://www.linkedin.com/in/bellomoandassociates Ways to work with Jeff Bellomo Contact Us: https://bellomoassociates.com/contact/ Practice areas: https://bellomoassociates.com/practice-areas/
Estate Professionals Mastermind - More Than A Probate Real Estate Podcast
In this podcast episode, Chad Corbett and the probate masterminds practice senior downsizing scripts and assisted living sales scripts through cold call role play. In addition to these cold call role plays, Chad covers what to say when a probate lead presents the common objection that they plan to buy and keep the probate property to rent out. Chad and the group do some live deal analysis and transaction engineering for probate property situations with urgent timelines (foreclosure) and discreet, off-market sales (wealthy clients). In this episode (YouTube Timestamps)0:00 Certified divorce real estate training for real estate agents (Divorce Real Estate Course)4:50 Intestate succession and multiple probates with no will (Selling Inherited Property)9:31 Stop a foreclosure after death: Can an executor sell house before probate? (Foreclosure Timeline)12:43 Petitioning for Probate: What if there are other heirs and we can't find them? (Probate Process)14:18 Does a homestead property go through probate? (Florida Homestead Law)15:31 How to speed up probate: Ex parte for special letters of administration (Probate Timeline)18:54 Senior Downsizing Cold Call Role Play: Calling surviving spouses and adult children in Probate (Assisted Living Sales Script)27:58 Real Estate Cold Calling Example Break Down: How to speak to adult children about selling Mom's house real estate (Real Estate Scripts)29:43 Finding buyers for off-market properties: Wholetailing vs. non-MLS brokers, commercial bankers, and divorce attorneys 39:55 Probate advances, liens, and having a family member purchase probate property (Probate Property Sale)44:48 Probate Real Estate Objections: What to say when probate leads want to keep and rent an inherited house (Real Estate Objection Handling Scripts)47:11 Economic uncertainty, alternative investments, and cash-flowing assets Full show notes, video links, and transcript: https://probatemastery.com/real-estate-cold-call-scripts-assisted-living-sales-senior-downsizing-and-keeping-property-objections-plus-how-to-hurry-the-probate-process-upCertified Probate Expert Course: https://probatemastery.com/probate-training-course-for-real-estate-agents-investors/Join our Facebook group, Estate Professionals Mastermind: https://facebook.com/groups/estateprofessionalsmastermindPre-Roll Information: Join our Facebook Group: Estate Professionals MastermindCheck out ProbateMastery.com for the probate certification course and more content.
If you are ever the target of a frivolous lawsuit, is your stuff protected? What if the lawsuit is legitimate, is your stuff protected? What happens to your stuff when you die? This week's guest on the Crushing Debt podcast is attorney Michelangelo Mortellaro, who has been practicing since 2007 in the areas of estate planning and elder law. In 2020, Michelangelo started Fortress Asset Protection with another attorney to help shield your business from lawsuits and creditors. In today's episode, we discuss the basics of probate and estate planning law, and why its important to have an estate plan, especially if you own your own business. Then we turn to asset protection and the various tools Michelangelo can use, whether you're an individual, business owner, or investor, to protect what you have from frivolous lawsuits. You can reach Michelangelo by visiting his lawfirm website - www.MortellaroLaw.com, or Fortress's website - www.FortressAssetProtection.com. Please support our sponsor, Sam Cohen at Attorneys First Insurance. Sam would appreciate introductions to attorneys and title companies all over the country, specifically in Florida and Texas. You can reach him at Sam@AttorneysFirst.com or www.AttorneysFirst.com. If you want to reduce your debt to avoid credit card lawsuits, please download my second book - Become Debt Free in Less Than One Hour at www.ShawnMYesner.com/BecomeDebtFree.
Do you know what a statutory will is, and when it would be applied? Do you know what would happen if you died without a will? Or would you know what would happen if you lost mental capacity and didn't have a Power of Attorney in place? Writing wills and putting powers of attorney in place can be emotional but once they are in place, they can provide peace of mind that your assets are going where you want them to go. Holly Mieville-Hawkins is the head of the mental capacity group at Mitchell. She has spent her career making and defending applications in the Court of Protection to make sure people's wishes are carried out once they no longer have capacity. In our conversation, Holly explains the difference between a Power of Attorney and deputy. She then talks through the process of determining mental capacity and how to put a deputyship, and/or statutory will in place. This episode is the first of two episodes recorded with Holly. The next episode is on gifting and will be released in a few weeks.
This week we discuss the efforts of some anti-vaccination Facebook groups to avoid detection and removal. And, I recently spoke with Professor Megan Doherty Bea of the University of Wisconsin-Madison and Professor Emily Taylor Poppe of the University of California-Irvine about their recent paper titled “Marginalized legal categories: Social inequality, family structure, and the laws of intestacy.” The paper is to be published in the Law and Society Review. Segment 1 -- Megan Doherty Bea and Emily Taylor Poppe on “Marginalized legal categories: Social inequality, family structure, and the laws of intestacy.” Segment 2 -- Individual and social conditions for the ascendance of opposition to vaccinations.
What happens to your guns when you die? What if the person who will inherit your guns is ineligible to own a gun - a minor, a convicted felon, or someone else? Our guest on this week's episode of The Crushing Debt Podcast is attorney Angela Tormey, owner of Ally Legal in Lithia, Florida. Angela focuses on probate and estate planning, with experience in Gun Trusts. In this week's episode, Angela and I talk about: The differences between a Will and a Trust What is Probate? What is a Gun Trust and what is it used for? And other related topics. You can reach Angela at Angela@AllyLegalFL.com or www.AllyLegalFL.com. Please also refer an attorney or title company you know to our sponsor, Sam Cohen - Sam@AttorneysFirst.com or www.AttorneysFirst.com. That would be a great way to support the show. If you want more information about how to get or stay debt free, pick up a complimentary copy of my second book at www.ShawnMYesner.com/BecomeDebtFree
In honor of Prince who passed away on April 21, 2016, and the current passing of DMX we are replaying Episode #14, from Season 1, "Artists who die intestate" https://financestheotherfword.com/links for all our socials, or call or text us @775-537-4352, or slide into our DMs Our book is on Amazon, Target, Barnes&Nobel, and Walmart online-Finances the Other "F" Word-Another "F" Word to Love Swag & Merch @https://financestheotherfword.com/ Become a member of our ClubHouse "Finances the Other "F" Word" on the ClubHouse app.
VVD The High Court in Cape Town decides that life partners can inherit as intestate heirs
Everyone in the fiduciary industry is talking about a recent High Court judgement which deemed certain sections of the Intestate Succession Act (ISA) to be unconstitutional. (The ruling is subject to Constitutional Court confirmation). A recent High Court judgement ruled that a woman whose male life partner died without a will should inherit his estate. In the past, couples who lived together in a heterosexual relationship that was intended to be permanent were not covered by the ISA. This meant that if one partner died Intestate (i.e. without a valid Will), the other partner would not automatically inherit from the estate. This was in direct opposition to the laws governing married couples and unmarried homosexual life partners who did automatically inherit in such situations. The ruling (assuming it is approved by the Constitutional Court) ensures that the same rules apply for all permanent partnerships. What’s more, the ruling also declared certain sections of the Maintenance of Surviving Spouse Act unconstitutional. But is it still necessary to draft a will? Louis van Vuren, CEO of the Fiduciary Institute of Southern Africa, has the answer.
Madeleine Schubert – Joint MD, Sentinel International
Tune into the Recaps of Interstate Live Radio...
Our guest, Thomasina R. Thornton provides vital estate planning information that every individual and family needs to effectively establish. We discuss: the assignment of a power of attorney, wills, trusts, probate and much, much more. Please listen, like, subscribe and share this show!! Thank you
“This is a gift to your loved ones…to do it the right way.” “Inheritance is a gift, not a right.” ~Ann Fowler-Cruz, Attorney In this episode Deirdre and Attorney Ann Fowler-Cruz discuss: How to find the courage to create a will How Ann chose her Elder Law career Certified Elder Law Attorney explained Why people resist created a will The reasons you need a will Which age you should create a will? Intestate explained The importance of Title on Asset Ways to inform beneficiaries who gets what Who holds the will? Legal requirements for a will Can you appoint someone to be your executor without them knowing? If you are the executor of a will is this written in stone? Nomination vs appointment The importance of a backup Creditor period, what is it? Do you need just a will or a will and a trust? Living Will vs Healthcare Directive vs Power of Attorney vs Trusts explained The important reason you need a will or a trust if you have children under the age of 18 years. Check your state laws Will contests explained The reason you should engage a Certified Elder Law Attorney What is probate? Delay and cost avoidance. What is a creditor period? Favorite ice cream: Maple Pecan Leisure time activity: Any water activities, Kayaking Song that reminds Ann of her youth and why: Nothing But A House Party, J Geils Call Attorney Ann Fowler-Cruz 203-749-5570 or email afowler-cruz@cohenandwolf.com "Ann has been a staunch advocate for the elderly and the disabled for more than a decade. She has the distinction of being a Certified Elder Law Attorney (CELA) by the National Elder Law Foundation* and is accredited to practice before the Department of Veterans Affairs. Her extensive knowledge in the area of elder law enables her to assist the elderly and the disabled in realizing the very best quality of life. Her elder law practice focuses on long-term care planning, asset preservation strategies, Medicaid applications, disability planning, utilizing conservatorships/guardianship and special needs trusts. Her estate planning practice includes the creation of wills, trusts, and advance directives. Ann also handles probate administration." Copied from www.CohenandWolf.com This episode is sponsored by DeClutter By Deirdre, A Senior Move Management and DeCluttering for Aging In Place Company. Helping You and Your Loved Ones DeClutter, Move & Live a Fuller Life. Look at my website and contact me to work together at DeClutterByDeirdre@gmail.com www.DeClutterByDeirdre.com **Download~Like~Positive Review Magnificent Aging** Thank you for listening, I appreciate you!
A few simple ideas can help minimize the risk of conflict over an estate: get professional help, avoid misleading your loved ones, and use common sense. Last time, I talked about some of the late Aretha Franklin’s estate planning blunders. All of us can benefit from working with a competent lawyer. If we feel we can’t bring ourselves to inform loved ones about our estate plan, we can at least avoid misleading them. And – as in all things – we can use common sense and follow the applicable rules. Do you have comments or suggestions about a topic or guest? An idea or question about conflict management or conflict resolution? Let me know at jb@dovetailresolutions.com! And you can learn more about me and my work as a mediator and a Certified CINERGY® Conflict Coach at www.dovetailresolutions.com and https://www.linkedin.com/in/janebeddall/.
Even the best estate planning doesn’t guarantee prevention of all conflict over an estate. But some actions and inactions can significantly increase the risk that conflict will break out. Aretha Franklin was an outstanding musician and a lousy estate planner. She nearly guaranteed that her family would fight over her estate by refusing to work with attorneys to create a plan, allowing her loved ones to believe that she had left no will, and creating three wills of questionable validity that were discovered after her death. Next time, a few thoughts on better options, for celebrities and those who are less famous. Do you have comments or suggestions about a topic or guest? An idea or question about conflict management or conflict resolution? Let me know at jb@dovetailresolutions.com! And you can learn more about me and my work as a mediator and a Certified CINERGY® Conflict Coach at www.dovetailresolutions.com and https://www.linkedin.com/in/janebeddall/.
In this episode, we discuss artists who die intestate (without a will) and the basics of estate planning. Prince, Aretha Franklin, Sherman Hemsley, and Jimi Hendrix Follow us on social media @financestheotherfword Our book is on Amazon @https://www.amazon.com/FINANCES-Other-F-Word-Mel/dp/1733665927/ref=sr_1_1?crid=E7LP9PQ156X5&keywords=finances+the+other+f+word&qid=1583966151&sprefix=finances+the+other+f+word%2Caps%2C193&sr=8-1
You are wrong to think that you don’t need a Will just because you have a Living Trust…find out why before it is too late…
Does property pass to your husband/wife/kids? Find out in this episode of the Elder Law Report.
Learn about what to do and not do when it comes to wills and inheritances. Interview with Doug Goldstein on The Inheritance Book. Please subscribe, rate and review the podcast. All Be Wealthy & Smart podcasts can be found here: http://lindapjones.com/podcasts Get my new book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!" here: http://amzn.to/2Hy9qk4
Learn the consequences of Aretha Franklin (or anyone) not having a will and what it means for you if you don't have a will. Even though Aretha Franklin had reportedly about $80 million in assets, she did not have a will and died intestate. Her lawyer tried to get her to make a will, but she wasn't interested. What will happen now and why do YOU need a will? Listen to my full library of podcasts at http://lindapjones.com/podcasts. Get wealth building tips, quotes, and insights by following me on Instagram at http://instagram.com/lindapjones.
Intestate Succession in California
Learn why you need a will and what to do if you might be inheriting money from parents. The article is posted on my website at http://lindapjones.com, podcast 283. Please subscribe and leave me a review on iTunes or Stitcher Radio. Connect on social media on Twitter and IG @Lindapjones and FB @lindapjonesfanpage. Move your net worth in the right direction by getting “11 Quick Financial Tips to Boost Your Wealth” at www.lindapjones.com.
Tom discusses Michigan’s law of intestate succession, whom the State of Michigan will give your estate to when you die, and how you can make other arrangements for your loved ones.
On this episode of Court Appointed, Mike and Tommy discuss the ins and outs of estate planning, wills, and probate. Music, "Doctor, Lawyer, Indian Chief" by MCRB.
In this episode of the podcast, we talk with probate attorney Cristin Silliman regarding what happens when someone dies without a will. We seem to be losing many of our favorite artists and actors in 2016, and surprisingly many of them pass away without a will. This leads to infighting between family members over an estate that could be worth millions of dollars. Cristin helps clients plan for the inevitable, to keep your family secure in knowing what happens to your stuff when you pass away. Cristin is the owner of The Legacy Law Firm, LLC in Oldsmar, Florida. Cristin graduated from Florida Coastal School of Law in 2007. She initially worked as an Assistant State Attorney in Clearwater, FL before opening her firm. Cristin's website is http://www.thelegacylawfirmllc.com and she can be reached by email at cristins@thelegacylawfirmllc.com. You can contact us at www.YesnerLaw.com or Shawn@YesnerLaw.com, and please visit our Facebook and other Social Media pages. Thank you for listening to the Podcast, and we would very much appreciate if you would leave a positive review or comment if you enjoy the content.
Our LAW LOVER'S LOUNGE™ series addresses a general overview of some of the most important issues to the general public! Attorney Courtney E. Anderson has owned a general practice law firm since 1998 in Texas, USA. A general practice attorney is similar to a general practice physician in that they address issues that do not require a specialist. They provide a primary level of legal services for commonly occurring legal issues and make referrals to specialists for more complex issues (appeals of cases, rare facts, unusual issues, etc.). We call this series its title because we do love law! Seriously. This is a lounge because these are general discussions on general legal topic for public information purposes. There is no client relationship created between this show and Attorney Courtney E. Anderson, or The Law Offices of Courtney E. Anderson (Litigation-Mitigation.com). These disclaimers are very important. The content in these shows is for general educational purposes and is not the delivery of legal services. This episode is, “I don’t have any stuff, I don’t need a will, right?!” I hate to break it to you, but in the US (and many other parts of the world), you already have a will (an automatic one that the government provides for everyone). If you do not create your own original will, the one that the government has already created for you will be used. That is called dying “intestate.” If you have no realatives that can be located under the government will, your stuff will go to the government ("escheat" to the crown or the state). This is rare but can happen. If you want to decide who gets your stuff (and who does not get it), you have to make your own original will. Let’s discuss the reality of death and the reality of either choosing to keep the government will you already have or whether to create your own!
Lesson 50 – Chapter 10: Intestate Wills Part 2
Lesson 49 – Chapter 10: Estates – Intestate Will Part 1
If You Don't Have an Estate Plan, the State of Illinois Will Provide One For You. What happens to your possessions, your family, and your business if you die without an estate plan? Find out with Lavelle Law, Ltd. Attorney Heather G. Walser.
This week on Hull on Estates, David Smith and Nadia Harasymowycz discuss how things aren't always as simple as they appear and explain that complications can arise from the most basic things. Specifically, they touch on the issue of intestate succession. If you have any comments, send us an email at leave a comment on our blog.