November 12, 2013

Wills and Powers of Attorney No. 1

Wills and Powers of Attorney No. 1 Leaving money directly to minors can cause their parents headaches. John was a successful businessman and accumulated roughly $1.2 million after selling his company and retiring. Being an entrepreneur, he liked to do things on his own. He had heard lots of discussion […]
November 6, 2013

Trusts No. 1

Trusts No. 1 Just adding your children to the title on your home could have dire consequences. Mary was a widow with two grown children—Fred and Jane.  Her only significant asset was her home, which had no mortgage and was valued at $350,000. Fred lived in Wheaton.  Mary had heard […]