by Brenton McWilliams | Aug 27, 2021 | Estate Planning, Wills and Trusts
Author: Brenton McWilliams How to Avoid Probate with Estate Planning One of the major benefits to using a trust for estate planning is the ability to avoid the need for an estate in probate court. If the trust is created and funded properly, there is a continuity of...
by Brenton McWilliams | May 21, 2021 | Estate Administration, Estate Planning, Probate
Author: Brenton McWilliamsWhat Happens When Real Estate in an Estate or Trust has a Mortgage?In estate or trust administration, the deceased’s residence is often the largest asset of the estate. A mortgage on the residence or other property of the estate can be a...
by Brenton McWilliams | Dec 6, 2020 | Elder Law, Estate Planning
Author: Brenton McWilliamsWhy are a Financial Power Attorney and Healthcare Power of Attorney Important in Alabama?The durable power of attorney is a relatively modern legal invention created as an alternative to avoid the long-existing, more costly, more frustrating...
by Brenton McWilliams | Nov 14, 2020 | Elder Law, Estate Planning
Author: Brenton McWilliamsAlabama Estate Planning: The Three Documents You Need for a Simple Estate Plan in AlabamaEveryone knows it’s important to have a Last Will and Testament. However, for many people, there are two other documents which may be as important or...
by Brenton McWilliams | Oct 31, 2020 | Estate Planning, Wills and Trusts
Author: Brenton McWilliamsIs Your Alabama Trust Funded? If you are using a revocable trust for your estate plan, the trust should be funded. When using a revocable trust for an estate plan, typically, one of the primary goals is avoiding the need to file an estate in...
by Brenton McWilliams | Sep 12, 2020 | Estate Planning, Wills and Trusts
Author: Brenton McWilliamsWhat is the spousal elective share in Alabama?The spousal elective share is the right of a surviving spouse to claim a certain portion of their spouse’s estate on the death of the spouse. In other words, when one member of a married couple...
