Most people understand that having some sort of an estate plan is, as Martha Stewart would say, a “good thing.” However, many of us don’t take the steps to get that estate plan in place because we don’t understand the nuances between wills and trusts – and dying without either. Here’s what will generally happen […]
Baltimore Register of Wills Can’t Find Her Father’s Original Last Will, Will Your Family Be Able to Find Yours?
While it’s not unusual for an original last will and testament to be misplaced, it is when your daughter happens to be the Register of Wills for Baltimore City. What is a Register of Wills? In Maryland, the Register of Wills is an elected official in each county and the City of Baltimore who is […]
The Tragic Loss of Star Trek’s Anton Yelchin: Lessons for Estate and Legacy Planning
On June 19, 2016, when successful actor Anton Yelchin (Chekov in the recent Star Trek movies) failed to show for rehearsal, his friends became worried and drove to his house. Sadly, they found Yelchin pinned between his security fence, brick mailbox, and Jeep Grand Cherokee. According to investigators, the 27-year-old star exited the vehicle before […]
Isn’t There Already a Law That Leaves Everything to My Spouse and Kids?
Many people think that if they die while they are married, everything they own automatically goes to their spouse or children. They’re actually thinking of state rules that apply if someone dies without leaving a will. In legal jargon, this is referred to as “intestate.” In that case, the specifics will vary depending on each state’s […]
3 Mega-Celebrities Who Died Without a Will: Do Not Follow in Their Footsteps!
A will documents who gets what (and when) after you die. Without a will, state law doles out your belongings. In many cases, your assets may end up in the hands of complete strangers. That’s exactly what happened to these three mega-celebrities: James Dean. Dean died intestate (without a will) in 1955 at the age of […]
Prince’s Sad and Incredibly Expensive Mistake! (Are You Making It, Too?)
The news of the unexpected death of music legend Prince, age 57, shocked the world and touched off stirring tributes from the likes of Bruce Springsteen, Elton John, the Harlem Gospel Choir and the cast of Saturday Night Live. Prince left a profound, indelible mark as an artist – when asked what it was like […]
Flo Jo’s Tragic Mistake: A Missing Will
If you’ve created a will, congratulations! You have made your intentions clear to the world and have provided for your loved ones based on what you determined was best. One caveat, and Rule #1 when creating your will – make sure to tell someone where to find it! Olympic Gold Medalist’s Death Tears Family Apart […]