Is there a limit to how many times I can update my will?

There is no limit on the number of times you can change your will. I don't recommend it, but there are times when it's advantageous to do so. ...

What am I supposed to do after inheriting a living trust?

Do you know who the trustee of the trust is? You should contact the trust and discuss the trust, its provisions for you, and the distribution...

Can anyone tell me what the main purpose of estate planning is?

I think the first purpose of estate planning is to get you, the client, to focus on issues surrounding the estate, the family and other possible...

My dad set up4 separate irrevocable trusts for his kids, my mom divorced him and destroyed the trust papersCan they be recovered

I agree with all Mr. Frederick's comments and suggestions. As far as establishing proof of existence of the trusts, I'll just add anadditional...

Who can demand the records of a non-profit alumni association? WHAT CAN THEY DEMAND, IF ANYTHING?

It is unlikely that the organization you are asking about is formed In Illinois where I practice, but the Illinois act is fairly typical, and sets...

Good question! There is always a concern about actions which blur the line between business and personal. I think you could properly document...

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Does an American Legon Post with no physical property need to form a LLC for libility protection?

If you form an LLC, its not to protect the property of the Post, its to protect the individual members from liability, so it doesn't matter if the...

What is an Limited Liability Company, LLC

Your suggestion that by forming an LLC to hold title to your rental house, you avoid personal liability is correct in part, but not...

The first answer you have is correct for the most part. In part the answer to your question depends on where your LLC was formed. If it was...

AS A ONLY OWNER/ PRESIDENT OF THE ' S ' CORPORATION WITH 0 EMPLOYEE HAS TO BE ON PAYROLL ?

If you are trying to avoid paying social security and medicare tax on income by having all corporate income distributed as a dividend, there are...