Divorce and Your (or Your Child’s) Estate Plan

Deeds, Real Estate, Wills

Last article I addressed what would happen if your Will leaves everything to your spouse, but you later divorce and do not change the Will. Idaho law prohibits an ex-spouse from receiving assets just because he or she was named in a Will created prior to the divorce....

Your Best Intentions Will Not Be Enough

Estate Planning, Wills

I recall a few years ago when a client passed away.  His assets were not insignificant.  His passing was sudden, and left serious issues affecting his family and his estate.    His health had begun to deteriorate, but he thought there was still time.  Nevertheless, he...

All Wills Are Not Created Equal(ly)

Estate Planning, Wills

It is hard to believe that it has been almost five years since we lost the “Queen of Soul,” Aretha Franklin. However, you may have noticed that she was in the news quite recently. More accurately, a fight over her estate was in the news. Ms. Franklin left a 2010 Will....

Does Your Estate Plan Enhance or Undermine Family Harmony?

Estate Planning

You may recall the story a few years ago about a local couple, married over 50 years, who passed away the same night.  Although no one is certain, it appears that she fell, and in attempting to help her, he fell as well.  They were found next to each other.  It was a...

Who Owns the Home?

Asset Protection

When counseling clients about estate planning, my primary objective is to help them maintain control of their estate.  This includes helping clients ensure that, on their passing, their assets go to those they want to receive them.  This result does not happen...

 Will This Cost You The Home?

Estate Planning

Last article, I gave the example of a man with children from a prior relationship who purchased a home with his girlfriend.  When he dies, who will receive his share of the home?  Since they are not married, the house is not community property.  This means there is no...