by Brenton McWilliams | Elder Law, Estate Planning
Author: Brenton McWilliams Why 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...
by Brenton McWilliams | Elder Law, Estate Planning
Author: Brenton McWilliams Alabama Estate Planning: The Three Documents You Need for a Simple Estate Plan in Alabama Everyone 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 | Estate Planning, Wills and Trusts
Author: Brenton McWilliams Is 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 | Estate Planning, Wills and Trusts
Author: Brenton McWilliams What 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...
by Brenton McWilliams | Estate Planning
Author: Brenton McWilliams Guide to Family Limited Liability Companies (LLC) Summary: A family limited liability company provides an effective solution to many of the problems which arise from ownership of property by multiple family members. The family limited...
by Brenton McWilliams | Estate Planning, Wills and Trusts
Author: Brenton McWilliams Changes to Planning for Retirement Accounts Brought on By the SECURE Act The SECURE Act New federal legislation this year, the Setting Every Community Up for Retirement Enhancement or SECURE Act brought about several changes to retirement...