Paul Sullivan (The New York Times) has recently published an article entitled, "How a Will Treating Children Differently Can Still Be Fair" (July 29, 2016). Provided below is a brief summary to the article from The New York Times: How a Will Treating Children Differently Can Still Be Fair How parents leave inheritances that are unequal but fair, or at least [...]
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So far Craig Olivas has created 8 blog entries.
These days many Americans are making that second and third trip down the alter. In 2013, 65 percent of marriages were a remarriage for one or both partners, according to a Pew Research Center report. More common than second and third marriages are lackluster or non-existing estate planning. It is estimated that 63 percent of Americans don't have a [...]
The current state of affairs in the Estate Planning field is dismal. Despite decades of advertising, word of mouth and shocking stories from probate cases around the country, over 50% of Americans do not even have a simple will! So why are many Americans neglecting to take care of the most important legal issue in their lifetimes? It’s all [...]
Christmas, a time for fun, indulgence, spending time with family and often, sadly a difficult time for those adjusting to life without loved ones. Losing a treasured family member or friend can be hard enough to deal with, without the added complexities of sorting through financial arrangements and establishing if you have been adequately provided for. By leaving a [...]
FAMILY FEUD: The Role of Living Trusts and Testamentary Videos in Keeping the Family Business Together.Craig Olivas2019-11-28T09:23:27+00:00
INTRODUCTION The most critical cause of the failure of the family-owned business is inadequate estate planning or no estate planning. Once mom and dad die, who will inherit the business? How do the kids obtain legal ownership of the partnership or stock shares held by their deceased parents? Does a probate action have to be filed to obtain this [...]
When you start to prepare a Living Trust, there are a lot of important decisions to make. In fact, thinking about what to write in your Living Trust is generally harder than constructing the actual document. You want to make careful and deliberate decisions with respect to your children, business, and assets. Remember: if it seems hard now, it’s [...]
Too often we are confronted by life threatening accidents or medical emergencies such as a car accident, a heart attack or simply a debilitating illness with sudden onset that make it difficult if not impossible to assist the medical treaters with a treatment plan. If you become too sick to make health care decisions for yourself have you identified [...]
Simply the most unique estate planning solution in the world! NEWPORT BEACH, March 09, 2017 /PRweb/ – TrustLock, Inc., announces the launch of their web-based estate planning business TrustLockUSA.com. TrustLock has revolutionized the estate planning field by combining the ultimate “Living Trust” documents with it's VideoWishes® program into a single membership. The TrustLock system helps members create “Living Trust” [...]