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Estate Plan Tag

The Law Office of Libby Banks > Posts tagged "Estate Plan"

What’s the Best Valentine’s Gift for Your Family?

Best Valentine’s Gift for Your Family

With Valentine’s Day here, I’ve been wondering how to show my family I love them. Of course, estate planning was one of my first thoughts (right after chocolate)! Estate planning truly is a gift to your family and loved ones. A proper estate plan makes it easier on your loved ones if you become incapacitated and when you are no longer here. Without a cohesive and thoughtful estate plan, you may leave a gigantic mess that your family may have to spend huge sums of money and lots of time and effort to clean up. If you are incapacitated, they will have...

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Why Every Homeowner Needs an Estate Plan

By Libby Banks, the Law Office of Libby Banks, PLLC Some people think they don’t need an estate plan, claiming that they don’t have an estate. Your estate is simply all that you own. When you buy a home, it is part of your estate. You need to have a plan to take care of this important asset! First, we must plan for your incapacity. What will happen to your home if you are unable to handle your finances? Who will pay your mortgage, keep the electricity on and keep things running? Who will sign to sell the home if you need...

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Avoiding Family Disputes Over Inheritance

Libby Banks and Client office talks prince

In my past as a trial attorney, I handled family estate fights. Clients hired me to sort out the gigantic mess left by their loved one, and the inevitable and escalating disagreements about the estate. Other clients retained me to fight for a share of the estate when a sibling, stepparent or other relative took advantage of his position as executor of the estate. Time after time, clients said they would never speak to their siblings again, or lamented that the messy estate issues were breaking the family apart. I value family highly, and these cases broke my heart. I...

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