It’s been 3 years since my father’s death and I have not received a penny from my sister who was the appointed Executor! Should I compel an accounting?

  After an Executor gets appointed in an Estate, the Executor must fulfill his duties by timely marshalling of all assets, paying all known creditors and distributing the remaining money to beneficiaries. While this is what is supposed to happen, quite often it does not.  
It’s been 3 years since my father’s death and I have not received a penny from my sister who was the appointed Executor! Should I compel an accounting? Continue reading…

6 Ways to Coordinate Your Estate Planning with Your Financial Advisor

  Essential components of every estate plan, regardless of client's net worth, include a Will, a Power of Attorney, and a Health Care Proxy. Some circumstances require the use of a Trust (for the purposes of special needs planning, asset protection, Medicaid/elder care planning, estate tax mitigation, and probate avoidance). Those with potentially taxable...
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Why do people choose assisted suicide?

The idea of doctor-assisted suicide has been growing in popularity in recent years. Canada, Belgium, Netherlands, Luxembourg and Switzerland have legalized voluntary euthanasia.  Australia, France, South Africa and United Kingdom are considering similar measures. In the United States, five states have legalized physician assisted suicide via legislation (California, Colorado, Oregon, Vermont and Washington)...
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Imagine your family at peace: How to Have Crucial Conversations with Your Loved Ones about End-of-Life issues

Talking about end of life issues with a loved one who is already sick is difficult. Your loved one may not be thinking clearly, may be in pain, and everyone is likely to be very emotional. That’s why it’s important to have this conversation early, while everyone is thinking clearly. A plan is...
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You have a Trust? When DO beneficiaries find out about money left to them ?

Clients often establish Trusts for the purpose of deferring distributions to beneficiaries. These Trusts are usually established to protect assets from risks such as mismanagement, imprudent spending, creditors and divorce.But when do Trust beneficiaries have to receive information about the Trust and the assets? This question is different from the one about when...
You have a Trust? When DO beneficiaries find out about money left to them ? Continue reading…