Do you have an obligation to pass your wealth on to your children? You may feel a certain moral obligation to do so, but there's no legal obligation forcing you to leave your children anything, no matter what your wealth. In fact, a look into the wills of many...
Kirtland & Seal, L.L.C.
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Month: October 2018
If your child is disabled, talk about the future early
Wills and inheritances are often tricky issues, simply because there are usually a lot of different dynamics in play. Everything can become even more complicated, however, when one of your children is disabled. If one of your adult children is disabled, there are...
Two things you need to talk to your college student about today
It won't be long before college freshmen will be returning home for winter break with one full semester under their belts. In all the excitement of getting your son or daughter ready for college, there are two very important things that you probably neglected to...
Elder financial abuse: what is it and what to do about it
You may not realize that many individuals in nursing homes and long-term care facilities are susceptible to financial exploitation. Financial exploitation and abuse is much more common than people realize. One in 20 elders have experienced financial exploitation, but...
Don’t assume an estate must go through probate
Probate courts oversee the administration of a deceased individual's estate as assets are passed on to that person's heirs -- but it isn't always a necessary process. Whether probate is necessary often depends on the estate itself. Generally speaking, small estates...
