Are you going to leave anything to your spouse when you are gone? If so, there are lots of ways to leave an inheritance to your spouse. If not, you can stop reading now. The four most common ways that …
Per Stirpes or Not Per Stirpes
You have a will or a trust in which you leave your property to your family or other beneficiaries when you are gone. As a backup plan, your will or trust should have contingent beneficiaries named in the instance that …
Wills Guarantee Probate
“Dad’s (or Mom’s) will says I am the sole beneficiary. I took the will to the bank, but the bank refused to give me my money. Why won’t the bank give me my money, when Dad’s (or Mom’s) will says …
Joint Ownership Fraught With Peril
Many people, including most married couples, use joint ownership of their assets as their own self-made mini estate plan. Sometimes joint ownership works to transfer assets upon death. Quite often joint ownership does not work because a joint owner gets …