Estate and Elder Law

Recent Posts

Ask Liza: Is A Survivors Trust A Necessary Part Of A Trust?
Posted on 27 Feb 2015 by Liza Weiman Hanks

Dear Liza: My parents have a revocable Trust that is very outdated and we want to make amendments to it. I understand most of the Trust but am having trouble with the Survivors Trust. I was surprised to see that upon the death of one spouse a Survivors... Read More

Ask Liza: How To Store That Estate Plan
Posted on 27 Feb 2015 by Liza Weiman Hanks

Dear Liza: I’ve just completed my estate planning documents using the latest edition of WillMaker Plus, including the will, health care documents, power of attorney, final arrangements, etc. I think all totaled it comes to over 65 pages. I’d... Read More

Ask Liza: Avoiding a Lump Sum Inheritance
Posted on 26 Feb 2015 by Liza Weiman Hanks

Dear Liza My father wants to leave some of his assets to my brother and sister, however neither of them is particularly adept at handling money and he doesn’t want to hand them a large, lump sum. Can a Will stipulate that they receive payments on... Read More

Ask Liza: Creditor’s Claims and Trust Administration
Posted on 5 Nov 2014 by Liza Weiman Hanks

By Liza Weiman Hanks Dear Liza: I am the successor trustee of my parents trust. The have both passed and I was told before I disburse the assets I need to advertise a Notice to Creditors. How long and how many times do I need to advertise? Since... Read More

Ask Liza: The Right Plan For Now: Living Trust
Posted on 5 Nov 2014 by Liza Weiman Hanks

By Liza Weiman Hanks Dear Liza, I’m a young professional and would greatly appreciate your feedback on what type of trust, if any, would suit me well given my current financial and life position. I’m single, 29 years old (30 later this... Read More