Darling & Wilson, PC Legal Blog
Is there anything you should not address in your final will?
A will gives testators (those who make a will) much control over the distribution of their assets even after they have departed the world. When written in clear and concise language, wills can eliminate ambiguity and prevent will contests. Some things are best left...
How to be specific when writing a will: 3 tips
You should be clear when writing your will. Anyone who reads it should understand every part. Ambiguity can create grounds for a will being contested. Thus, if you want your will to benefit your loved ones as you intended, you should be specific. Here are three tips...
3 factors to consider when choosing a guardian of your minor children
If you have minor children, it will help to plan for how they will be raised should you die or become incapacitated. You want your kids to be in the best hands. Thus, you should designate a reliable guardian when creating documents for your estate plan. The following...
Why adults of all ages need to draft an estate plan
Wealthy American adults generally do not shy away from estate planning because they want to make sure that control of their assets rests with them – not the government – after they pass away. Yet, many younger and less affluent adults postpone estate planning over...
2 implications of a trustee’s fiduciary duty to beneficiaries
When someone takes the time to create a trust, they will likely put in place numerous rules about the use of the assets used to fund the trust. The trustee that they empower to manage and distribute those assets will have a powerful obligation to the beneficiaries...
3 things about irrevocable trusts you should remember
One of the most important things you can do as an adult is to ensure you have your affairs in order in case something happens to you. Getting your estate plan in order is vital. A comprehensive estate plan includes more than just a will. Some individuals choose to...
2 ways a partner can steal from the business
You’ve entered into a business partnership with a long-time friend. Recently, however, you’ve noticed an unusual dip in sales. Could your partner be up to something sinister? Trust is the cornerstone of any successful business partnership. Unfortunately, theft is not...
Conservatorship vs. power of attorney: What to Know
Creating a plan to deal with your incapacitation can be a challenging part of estate planning. However, since your family is important, you must ensure they will be cared for if something happens. If you are trying to figure out how to handle this situation, consider...
2 things that can make your will ambiguous
Estate planning ensures your loved ones are taken care of when you become incapacitated or die. Its primary elements protect your assets and distribute them according to your wishes. And a will is one of the essentials. Your will should be clear to make work more...
What is a pour-over will?
A pour-over will is an estate planning tool that can ensure that all your assets are accounted for. It avoids the problems that can occur when people are left wondering what to do with assets that you forgot to include in your estate plan. When you first create your...