Should I have co-executors for my estate?

For most people, I think it makes more sense to have just one executor handling an estate. However, like most estate planning decisions, there’s not one right answer for everybody. So, let’s look at the advantages and disadvantages of having multiple executors: Advantages of having co-executors Minimizes complaints of favoritism Siblings spend a lot of … Read more

What does “per stirpes” mean?

Sometimes, law seems like its own language. Part of that is because lawyers and judges like to drop in jargon or Latin where it isn’t really necessary (“inter alia” is one of my pet peeves–just say “among other things!” I could write a book about my irritation with this, so let’s stop here).┬áBut, for better … Read more

Avoiding Conflicts Over Personal Property in an Estate With a Property List

When planning an estate, the last thing any of us wants is to leave a situation where our families are fighting over property. All too often, however, that happens. What gets people fighting over stuff in an estate? Sentimental value. If an item has been passed from one generation to another, or it’s an item … Read more