Estate Planning

When you create your Last Will and Testament, one of the most important decisions you will need to make is the appointment of an Executor. Your Executor oversees the probate of your estate after your death, meaning he/she will be responsible for securing, managing, and eventually transferring your estate assets as well as paying creditors of your estate. Your Executor is also responsible for defending your estate if the estate becomes involved in probate litigation. What happens though, if your … [Read more...] about Who Will Administer My Estate If My Executor Cannot Serve?

Having at least a basic estate plan in place should be a priority for every adult; however, when you become a parent, estate planning takes on heightened importance. Knowing that your children will be financially secure in the event something happens to you provides you with invaluable peace of mind. When creating your estate plan, you will need to decide how to pass down the inheritance you plan to leave your children. An Estate Planning Attorney at The Collins Law Firm helps parents with minor … [Read more...] about How to Leave Assets for Your Minor Children in Your Estate Plan

As you undoubtedly realize, having an estate plan in place is one of the best gifts you can give to yourself and to your loved ones. Having never worked on an estate plan before, however, you may feel a little intimidated about your upcoming appointment. To help put you at ease, and to make the most out of your appointment, the Estate Planning Lawyers at the Collins Law Firm offer you the following tips on preparing for your upcoming consultation. Defining Goals When you think about estate … [Read more...] about 5 Things to Consider When Creating Your Estate Plan

Every American should have a comprehensive Estate Plan in place. For seniors, the need for planning is heightened. If you are a senior and have yet to create a plan, there is no time like the present to do so. If you have an estate plan in place already, be sure to update that plan when you enter your retirement years says the Estate Planning lawyers at Collins Law Firm. Why Seniors Need an Estate Plan When you reach your “Golden Years,” a wide range of things will change that could impact … [Read more...] about Estate Planning Tips for Seniors

During the creation of your Estate Plan, you will be required to make numerous decisions. Some of those decisions will seem relatively unimportant; however, others will have a direct impact on the success – or failure – of your overall Estate Plan. Among the more important decisions you will make are those that involve choosing a Fiduciary. Our Estate Planning Attorneys from Collins Law Firm explains the importance of choosing your fiduciaries carefully when creating, or updating, your Estate … [Read more...] about Choosing Your Estate Plan Fiduciaries Is More Important than You May Realize