by Kathy Lane | Aug 9, 2015 | Estate Planning, Joint tenancy, Pay Upon Death
You may have thought that setting up a joint or a pay on death (POD) account or property with one of your children would be a good idea. By titling the account or property in both of your names, your child would avoid probate and could easily gain access to the...
by Kathy Lane | Aug 2, 2015 | Dying Without A Will, Estate Planning
Whitney Houston and Bobby Brown’s daughter, Bobbi Kristina, died on Sunday, 7/26/2015. She was only 22 years old and probably had no plans to die so young. She had done nothing to prepare for death and had no will. When Whitney Houston died in 2012, she left her...
by Kathy Lane | Nov 17, 2014 | digital assets, Estate Planning, Financial Agent, Trustee
You bet it is. In fact, the Australian government recently announced that pension applicants must declare their cyber currency such as Bitcoin. “By including Bitcoin and other digital currencies on one of its standard forms”, the Australian government is...
by Kathy Lane | Aug 3, 2014 | Estate Planning, settle an estate creditors
If you’re a member of a casino loyalty program, there may be a great deal of money or comps in your account. When you die, does the account die with you? An article by Mr. A.C. Casino explains that every Atlantic City casino handles the transaction differently....
by Kathy Lane | Mar 4, 2014 | digital assets, Estate Planning
Facebook recently announced that they have changed their rules related to memorializing the account of a deceased person. In the past, Facebook determined who could see that memorialized page. Now, the changed rule says that the memorialized page can be seen by...
by Kathy Lane | Jan 20, 2014 | Beneficiary Basics, Dying Without A Will, Estate Planning, inheritance law, Wills and Living Trusts
Julie Garber, in her weekly blog, wrote about another person who did it wrong. When actor Paul Walker died in a terrible car crash on November 30th, 2013, he left an estate estimated to be worth at least $45 million. However, he had done no estate planning and left...
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