No Kids? Get an Estate Plan!
No Kids? Get an Estate Plan! A recent US News article recently reiterated one of our GQ Law mottos- Everyone Needs an Estate Plan! This particular article targets those who do NOT have children. Often times, people get an Estate Plan to protect their minor children, make sure their kids get their assets after they die, etc. Having children creates an urgency about Estate Planning. So, what about those without kids? Do they still need an estate plan? YES! Heirs or not, you cannot take your assets with you and if you have an opinion about who gets your stuff, you need to have an Estate Plan....
Read MoreCockatiels and Trust Funds
Cockatiels and Trust Funds We have posted a few times here on the GQ Law blog about the possibility of setting up a Pet Trust, a special trust that can set aside money and care plans for your beloved pets after your death. You learn about Pet Trusts in this post and read about Joan Rivers’ pet trust on our blog here. Another pet trust made national headlines recently as late billionaire Leslie Ann Mandel left $100,000 to her pet cockatiels upon her passing in June 2015. According to an article in Time, Mandel founded The Rich List Company and her estate totaled $5.3 million. Mandel...
Read MoreWhat Happens If I Die Without a Will? Anna Nicole Smith
What happens if I die without a will? Look to these celebrities for what NOT to do. A lot of what happens you die without a Will, and really, without a proper and complete Estate Plan, depends on your assets. In any case, your estate will be left in Probate, a long legal process that sorts out where assets go, how much is owed in taxes, etc. If you have minor children, the will not likely end up where you had hoped they would and will get much less of your assets than they could with a proper Estate Plan. Call our office to set up an appointment with Estate Planning attorney Gary Quackenbush...
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