People who have cognitive issues or have been isolated from their families can be incredibly vulnerable to abuse – particularly financial abuse. Being aware of how abusers attempt to manipulate or trick a victim into giving them money can be crucial in protecting...
Month: August 2020
Contesting a family business succession plan
Passing a business along from parents to children takes a great deal of thought. It also takes clear communication, a willingness to listen and accountability. There are many scenarios where the children will not feel they have gotten the best possible deal when it...
Estate planning around family friction
Every family faces challenges and conflicts between members at some point. However, some situations are more volatile and contentious than others. If this sounds like your family, the friction you experience could make it all but impossible to rely on your loved ones...
What are my responsibilities as a trustee?
Trusts can be a valuable element of a person's estate plan. An individual might establish a trust to preserve family wealth, protect assets and avoid the probate process. Considering how vital trusts can be, the person tasked with managing them must take their...
How an old will can create new problems
Wills are critical documents that allow a person to state his or her wishes regarding the distribution of assets upon death. Every adult can benefit from creating a will. That said, it is not always enough to simply create a will; you should also update it...