What are the Legal Obligations of a Trustee When parents name their child as a trustee, they’re handing over significant legal duties that many people don’t fully realize. At Clear Counsel Law Group, we regularly meet with children who have recently lost their parents and are now faced with managing the family trust. The Role […]
What Are the Legal Requirements of a Trustee? Read More »
Without a doubt, one of the most important components of estate planning is a trust. A trust is a legal entity that essentially holds onto financial assets and / or property for the person who creates the trust. Generally speaking, the purpose of holding these assets in a trust is to allow for those assets to be distributed to
What is a Trust? A Basic Overview. Read More »
Hall of Famer Ernie Banks, known colloquially by the nicknames “Mr. Cub” and “Mr. Sunshine” passed away January 23, 2015. Initially, his estranged wife Elizabeth Banks was given control of his estate. Estate planning documents for a living will and trust signed in October 2014 were brought forward by Regina Rice. Rice had been a
Mr. Cub’s Legacy, Mental Capacity, and Undue Influence Read More »
The laws governing disparate but related aspects of society sometimes overlap and sometimes connect more like a head-on collision. The state has an interest in seeing children protected and cared for. It also has a responsibility to oversee the distribution of estates and to prevent erroneous claims of parentage and relationships to stand. A prime
Probate, Parentage, and Prince’s Estate Read More »
Estate planning is thought of as one of those things reserved for people entering their golden years. This simply isn’t the case. In fact, holding on to this belief can have serious consequences for your loved ones if you die unexpectedly. One situation in which estate planning is vitally important, no matter your age, is
Important Estate Planning Information for Unmarried Partners Read More »
When planning for the future, wills and trusts are often the documents that come to mind. They guide your loved ones when handling your affairs after you pass away. However, situations can arise in which you’re still alive but unable to take care of yourself due to illness or age. These are the times when
Is an Attorney Needed to Sign Power of Attorney Documents? Read More »
The start of school looks very different this year for teachers and students alike. Instead of worrying about backpacks, binders, and what to wear, many are thinking about lost wages, loved ones, and a last will and testament. Yes, you can type a will rather than hand write it, but there’s a few rules to
How To Prepare Your Own Simple Will, including Witnesses Read More »
All of us, to some degree, have taken a moment to recognize that our time on earth can be fleeting. I know that I have felt an increased desire to have those I love close to me, and to know that they are -and will be- okay. Maybe you have previously thought about preparing a
How to Hand-Write Your Will at Home Read More »
Hello. My name is Jonathan Barlow. I’m an attorney here at Clear Counsel Law Group. A large part of my practice is in estate planning and guardianship. In doing estate planning we often do what’s called a power of attorney for people and sometimes we get to the point where we have to file for
Power of Attorney vs. Guardianship: What’s the Difference? Read More »
In the state of Nevada, a last will and testament is presumed valid – even if it was written by the deceased person themselves on the back of a napkin just days before their passing. In fact, a valid holographic will has only three requirement to be considered valid: that it be hand written, hand
How to Contest a Will in Nevada Read More »
