RSSEstate Planning With Christopher Yugo
Q: You keep talking about probate and wills. Doesn't a will avoid probate?
Q: I have completed my estate plan. I have a will and a power of attorney. What else should I do to make it as easy as possible on my kids? Should I give each of them a copy of the documents?
Q: My mother's estate has been opened. However, we believe there is a newer will. We haven't found it yet, but we have found a letter where she mentions a newer one. How do I find out if she recorded the will? Will it list her assets in it?
This weekend we are holding my dad's memorial service.
Q: My brother and sister-in-law are going to watch our kids while we take a trip. Our estate plan is in place, but now I'm worried what will happen if one of the kids gets hurt while we are away. How do we authorize my brother to consent to m…
Q: Is there a way to give a power of attorney to my children without giving up the authority to do things for myself? I don't mind them helping out, but I still want to do things for myself as long as I can.
Q: If something happens to my husband and me, how do they decide who will take care of our kids? Will they be the same people to take care of their inheritance?
Q: When does a person need a living trust?
A friend of my mine is in the process of building a new home. While we were discussing the construction, he asked me what our monthly NIPSCO bill was. I'm not sure if my stunned silence or the deer in the headlights look answered his question…
Q: I don't have any children but I have some wonderful grandnieces and grandnephews. I send a check to the ones in college each semester to help out with expenses. However, some of them are much too young and I worry that I won't be available…
Q: We just moved back to Indiana. Our wills were drawn up in Minnesota. Are our wills valid or should we have new ones drawn up?
My father passed away this past week. He celebrated his 84t birthday on Monday and passed away Friday.
"Here's your next column". That was the subject line on an email that my wife recently sent to me. Since I'm always looking for a topic for my column I excitedly opened the email.
Q: I executed a power of attorney a few years ago. I want to change the person that I named to someone else. How do I change the person? Do I need to revoke the old power of attorney and then write a new one?
Q: If I leave something to someone in my will, what happens if I give it away during my lifetime? Should I write a new will?
So I'm driving into the office this morning listening to National Public Radio.
In last week's column I wrote about the importance of including your pet in your estate plan. Well, maybe importance is a bit or an overstatement. But it is important to consider what will happen to your furry, feathery or scaly friend should…
While surfing the web I found an article about a flamingo that recently passed away.
Q: In regards to revocable living trusts where each spouse is the trustee for the other spouse's trust, what must be done when one spouse dies and when the second spouse dies? Is there anything of a legal nature?
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