In February, Oscar-winning actor Gene Hackman and his wife, Betsy Arakawa, died at home. We're not going to discuss the cause of death here. News reports suggest that Mr. Hackman’s will included trust arrangements that hadn’t been updated in some time. We’re going to...
Case study: writing wills for business owners
As a business owner, your will must include your business and personal assets. There are also separate inheritance tax rules for business assets, so getting professional advice can help you understand them and plan accordingly. We gave a presentation on business...
How do you know if there’s a trust in a will?
If you’ve been appointed executor for a loved one’s will, you have a legal duty to ensure their wishes are followed. Trusts are increasingly common in wills, and you must deal with them properly to avoid problems further down the line. How can you tell if there’s a...
Why you need to pay attention to Trusts
It’s increasingly common to find a Trust in a will, but most people don’t understand what they are or how to deal with them. Property trusts, in particular, are really common, and they must be dealt with properly, or it can cause a lot of problems. Here are some...
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