The Elrod Firm

Topic: Probate

Don't Be Shortsighted - Plan for The Future

Don’t Be Shortsighted

Do you remember the Y2K “disaster” of twenty years ago? Tension was so high that TIME magazine ran a cover asking whether this was “The end of the world!?!” with bylines including “Y2K insanity!” and “Will computers melt down? Will society?” In what was described by TIME magazine as a “ludicrously shortsighted shortcut,” computer programmers …

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What Are Letters of Administration?

Justin, My mother created a trust the year before she died. While working to wrap up her affairs, I ran across some stock. When I called the company to have the stock changed to the kids’ names, the company wrote back saying I needed to send them “Letters of Administration.” Can you help with that?

What is Probate?

Justin, What is probate and why does everybody say I should be so concerned about it?

How Do Death Beneficiary Forms Work?

Justin, My financial advisor has talked to me about the importance of keeping my accounts out of probate court. He said I can accomplish that using death beneficiary forms his company provides. Are there any details I should know about before going with that plan?

What Exactly Is Elder Law?

Justin, I read your column every week, and I feel like I’ve learned so much.  Thank you!  You keep saying that your law firm practices Elder Law.  What exactly is Elder Law?

Can You Give Me Some Direction?

Justin, I want to get my affairs in order, but I’m not sure where to start. I did a will many years ago, but it’s outdated now. I considered deeding my home to my children to keep it out of probate, but my accountant advised against it. It seems like there is a lot to think about, but I don’t know all the right questions to ask much less all the answers. Can you point me in the right direction?

How Do I Protect My IRA?

Justin, I have already listed my wife as the death beneficiary on my IRA, but my financial advisor says I also need to consider adding a contingent beneficiary. What do you think?

Isn’t My Will Enough?

Justin, My daughter keeps telling me that I need to see an attorney to make sure my “affairs are in order” and I’m getting sick of it. Several years ago I signed a last will and testament. Shouldn’t that be enough to get her off my back?

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