by Tyson Cain
Congratulations! You’ve signed your last will. You’ve thoughtfully appointed a personal representative (aka, your executor) and decided how your assets will be distributed. But where do you keep it? Most people want to store it safely and securely, and this often means the bank’s safe deposit box. These are fireproof, theft-proof, and secured in a
by Tyson Cain
Busy adults often neglect estate planning due to immediate concerns like bills and health issues, perceiving the unlikely events of death or incapacity as less pressing. However, these eventualities can have catastrophic effects on families. Seeking efficient legal assistance can help establish an estate plan that safeguards loved ones without consuming significant time or resources.
by Tyson Cain
Planning for your child’s future is essential, especially in nominating a guardian. This decision helps ensure your child is raised with your values in mind and minimizes disruption. The process involves trusting your instincts, evaluating qualities in a prospective guardian, and discussing expectations with them. Consult an estate planning attorney for legalities.
by Tyson Cain
Estate planning isn’t a one-off endeavor. While personal life changes often trigger the need for updates to your will or trust, shifts in federal and state laws can be equally compelling reasons to revisit your estate plan. These legal changes can dramatically affect how your assets are taxed, distributed, and protected, sometimes rendering your carefully
by Tyson Cain
Some of the most obvious reasons for updating your last will and testament concern you and your circumstances more than they concern your loved ones. There are dozens of possibilities, many of which I mention in a 3-page guide available at no cost. For now, here are 8 poignant reasons that may apply to you:
by Tyson Cain
A few years ago, you wrote your last will and testament. Since then, a few things have changed. Thinking more about this, maybe things have changed for your children, too. Sometimes these new circumstances are typical, or even expected. Your child is now an adult, for example. But even routine changes can cause problems for
by Tyson Cain
Like good software, well-drafted wills accommodate diverse circumstances, but they don’t cover every possibility. Sometimes, updates are necessary. So, when should you update your will? As a general rule, whenever it doesn’t say what it should. If you don’t understand everything your current will says, it’s best to consult a qualified estate planning attorney for
This blog is a public-facing educational resource designed to address general questions about estate planning, probate, and trust administration. It is meant in particular for those thinking about writing their estate plans for the first time, those who need to update their existing plans, and anyone with the (often daunting) job of settling an estate.
Tyson Cain
Cain Estate Law
Tyson@CainEstateLaw.com
715-301-0055 (tel)