The Law Offices of Brenton C. McWilliams – Blog
The Law Offices of Brenton C. McWilliams
Welcome to our blog. Here, you will find articles on topics relating to estate planning, elder law and probate.
Understanding the Different Types of Trusts
Do you want to safeguard your assets and ensure they are passed on to future generations? Setting up a trust can be a great way to ensure that your wishes are carried out, and your assets are managed and distributed properly. But with so many different types of trusts available, you may have questions about the differences and which one...
What is Probate and How Does It Work in Alabama?
If you’ve lost a loved one, you may be looking for answers about probate court and navigating the complicated waters of estate law. Are you currently facing a long legal road settling the estate of a family member? The good news is that you don’t have to walk this road alone. A Baldwin County probate lawyer can walk you through the...
Will Vs. Trust: What’s The Difference, and Which Do I Need?
When it comes to preparing for the future, estate planning is vital. You want to ensure that your loved ones are cared for, and that your assets will be distributed to the next generation exactly how you want them to be. That’s why it’s important to understand which estate planning tools are...
Are Living Trusts Effective at Avoiding Probate?
What is Incapacity? The general idea of incapacity is a lack of sufficient understanding or capacity to make or communicate responsible decisions stemming from a variety of reasons. In the context of financial decision making, the general idea of incapacity is an inability to manage assets or financial/business affairs. As life expectancies increase, our expectation, and what we typically plan for, is that incapacity would normally manifest from illnesses or cognitive decline brought about by advanced age.
How Often Do You Need to Update Your Estate Plan?
Nothing. Well, not nothing, but certainly less information than most people think they need to begin the process of preparing their will or trust.
For most people, estate planning is easy to procrastinate. A common weapon I see in the estate planning procrastination arsenal is the over-exaggeration of the information needed to prepare an estate plan. With the understanding that it’s easy to procrastinate, one of our goals is to make it easy to get your planning done.
