To understand why annulments are so rare in today’s times, you must understand the difference between an annulment and a divorce. Divorce is the process that officially terminates a previously valid marriage, while an annulment says that a marriage was never valid to begin with. This can happen for many reasons, including: Somebody not being… Continue reading →
Posts Tagged ‘estate’
Is a Prenuptial Agreement Necessary in Your Marriage?
Prenuptial agreements, also known as prenups, are common in many marriages – but must take place before the marriage. They allow a couple to set terms of property rights for their marriage, which offers many protections along the way. In marriage, you never plan for a divorce. However, this happens to many people every year… Continue reading →
Estate Planning Needs That You Must Remember
After some careful consideration, you may have found that estate planning is beneficial to you and your life, as well as the futures of the people that you love. You want your assets taken care of in the future, which is why an estate plan is necessary for everyone. Not only this, but they can… Continue reading →
Digital Assets and What Makes Them Important
These days, almost everybody has accounts online. This can range anywhere from PayPal, Facebook, online banking, business websites, and more. What if you were running a successful business online with your husband and you passed away? What if he didn’t have the necessary information to access the accounts and had to start from scratch? Unfortunately,… Continue reading →
Estate Planning for Same-Sex Couples
Matthew T. McClintock, Vice President of Education at Wealth Counsel, has a lot to say about same-sex marriage and bullet-proofing estate planning. He advises that same-sex couples should start by finding an attorney who will help with them in regards to estate planning. He has stated on the issue, “Find someone with whom you have… Continue reading →
Mental Capacity Affecting Estate Planning and Wills
In a case known as Andersen v. Hunt, a settlor had established a family trust naming his children as sole remainder beneficiaries with the help of his wife. After his wife died, however, he remarried and had a serious stroke all within years of one another. After the stroke and his remarriage, he amended his… Continue reading →
What is guardianship?
A guardianship gives an individual the legal authority to have custody of, and protect and manage the assets and property of another. A guardianship can be over an estate, a person or both. It can be set up to be temporary, limited, or indefinite. Guardianships are usually created in the case of an elderly person… Continue reading →