
What Is a ‘Residuary’ Estate?
In simple terms, a residuary estate is any part of your estate that hasn’t been distributed to your heirs through a last will and testament.
Counsel & Advice From Top New Mexico Estate Planning & Elder Law Attorney
In simple terms, a residuary estate is any part of your estate that hasn’t been distributed to your heirs through a last will and testament.
The average American maintains between 30 and 50 online accounts at any given time. These may be with banks, financial institutions, utility companies, email providers, social media outlets, commercial shopping or travel sites and accounts unique to technology, such as an account to purchase apps for a smartphone.
Safeguarding legal documents and providing access to this information is a big consideration in your caregiving plan.
If you haven’t had any experience with guardianship for adults with dementia, likely, you don’t understand just how complex it is. You are not alone.
Many people think that estate planning and writing a will are the same. However, one is just part of the other.
The contents of a person’s will and related revocable trust cannot be challenged in court until he or she has died, Maryland’s second highest court ruled last week in rejecting a daughter’s bid to revive an undue-influence challenge to her estranged and ailing mother’s decision to write her out of her will.
Will there be changes in your circumstances or your family that should lead to a review of your plan? Could some events cause you to need to revise or update the plan?
I’m looking for guidance on where to start with planning in case something happens to me or my husband.
Adult children may anticipate but are not legally entitled to an inheritance.
If you knock time and money off the excuse list, you can take care of some important estate-planning tasks.