One of the main advantages of making an estate plan is that testators can instruct how they wish their assets to be handled after they pass away. The testator can name an executor of the estate who is responsible for distributing assets to beneficiaries and settling...
When there’s an emergency, people will sometimes do things they wouldn’t do otherwise. They may bend or break the rules as they try to react to this emergency. In some cases, people will even decide that they’re going to break the law, which they never would’ve done...
One of the biggest issues that beneficiaries and executors face is an outdated estate plan. Many testators go many years without updating their estate plans. As a result, an old estate plan may not include newer investments and changes promised by the testator. While...