For many activities and transactions, the answer is yes. This is precisely why we advise people to sign durable powers of attorney while they have...

What kind of trust should I use for a 401k and IRA?

If you have individual beneficiaries of your retirement accounts and they do not have creditor or money management issues and can be expected to...

When I establish an irrevocable trust for my 7 grandchildren who pays the income taxes from reinvested dividends in the trust?

It depends. If it is set up as a "grantor" trust, then you as the grantor would pay the income tax. If it is set up as a non-grantor trust, it...

Do I need to set up a trust to avoid probate in Florida? Or will my assets pass easily to my beneficiaries with a simple will?

Relying solely on a will-based plan increases the chances of a probate, although probate can still be avoided if your estate consists of entirely...

No, there is no requirement that the witnesses be present when the notary affixes the notary signature and stamp. For convenience, a notary often...

If the person died without a will, then yes, grandchildren would be considered heirs under the state's "intestacy" statute. Whether they...

I have a will which was made when my daughters were young now they are adults I want to change it.

This is quite easy to do. Your existing will can be amended with a short codicil naming your daughter as personal representative and trustee,. ...

My husband passed june 9th we have a home in NY and Fl state, does the home automatically go to his spouse or do i need a lawyer

If the death occurred in NY, you may have to initiate a second probate in Florida, called an ancillary probate. The treatment of the home in a...

The policy's death benefit will be paid out directly to the beneficiaries that are designated on the beneficiary designation. It is not considered...