Skip to main content

Posts

Showing posts from September, 2017

Planning Pays Off: An Illustrative Look at Carrie Fisher's Semi-Failed Estate Plan

Whether your estate is modest or movie star worthy, the value of a good estate plan, properly handled, cannot be underestimated. A comprehensive plan can mean the difference between an expensive and unnecessary “time spent in court headache” for your loved ones or an easy “in your lawyer’s office” transition that allows your family time to grieve in peace.
When a high profile celebrity passes away, we can learn a lot about the value of careful planning when using their estate plan as a case study.
Carrie Fisher is one of the celebrities whose proactive, yet faulty, planning gives us an excellent example to illustrate some key points that are important for you to understand for your family.
Even though Carrie Fisher worked with some of the best (read: most expensive) lawyers in Los Angeles, and she had created a trust to hold her assets, her estate plan failed, in our opinion, because it didn’t keep her assets out of court and passing privately to her heir, Billie Catherine Lourd.
Instead…

Why You Should Never Buy Your Will from Living Social or Groupon

Of the handful of major life events that require your serious consideration, few are as emotionally charged as how to leave your assets for loved ones at the time of your death. This often complex process is accomplished via testamentary documents such as wills and trusts, which have recently become available for purchase online as standard forms.
The assets you have acquired during your life and the ways that you own them are often far more complex than a standard legal document or online service can anticipate.  When you make that all important decision to create a will or put your assets into a trust, you need an experienced estate planning attorney to guide you so that your wishes for life and death can be carried out without risk of your family getting stuck in court or conflict, when it’s too late. 
Your incapacity or death will be an emotional time for your family. During this time, they need guidance, not a set of documents, which may not have even been kept up to date or adequ…