This blog is directed towards estate executors and administrators.Long, Long Ago, in a Galaxy Far, Far Away, I could call local banks, identify myself as a local attorney and get all sorts of information for my estate clients. Grandpa had passed away – please give me his account numbers, the value of the accounts,
Last Monday I received a call from an attorney in Finley, Ohio. The decedent (e.g. dead guy) had written a will and a living trust, while living, of course. The plan had been to convey all of his assets into the living trust (with named successor beneficiaries, such as his wife and children) so that
SPOILER ALERT: Most lawyers can draft a will. The requirements for a valid will are written in a statute and there are a lot of “forms” out there. As a matter of fact, you can draft your own will – just go to LEGALZOOM. AND NOW FOR A LITTLE GALLOWS HUMOR: If you draft your
There are many types of trusts: revocable and irrevocable; living trust and testamentary trusts; special needs trusts; and the list goes on and on. This blog is not meant to be an exhaustive analysis of trusts. Rather, it is intended for the individual with real estate holdings in addition to his or her personal residence
Although most of my practice revolves around oil and gas operators, over the years I have had the pleasure of representing a number of oil and gas landowners – some quite wealthy. This has “morphed” into handling wills and trusts, estates, estate taxes, and the like. And of course, in such a practice you are
