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How Can I Stop a Sibling from Stealing My Inheritance?

The death of a parent can be emotionally trying, especially if the passing was unexpected. It can also be a test of your patience, if there are complicated estate issues to sort out.

02/06/23 • by: Vick Law, P.C.

Is a Handwritten Note in a Bible a Valid Will?

Estate Planning

A state appeals court has ruled that a handwritten instruction in a Bible that included only the first name of the writer was a valid codicil that changed a will.

02/04/23 • by: Vick Law, P.C.

Gifts to Reduce the Size of Your Taxable Estate

Estate Planning

Today’s high estate and gift tax exemptions could be slashed in a few years. Maximize those and other benefits now.

01/31/23 • by: Vick Law, P.C.

9 Times You Should Update Your Estate Plan

Estate Planning

Will there be changes in your circumstances or your family that should lead to a review of your plan? Could some events cause you to need to revise or update the plan?

01/30/23 • by: Vick Law, P.C.

Can I Leave a Gift to My Alma Mater?

Estate Planning

A love for nursing and a desire to help young people prompted a Norfolk man to include a nursing scholarship at Northeast Community College in his estate planning.

01/26/23 • by: Vick Law, P.C.

What Happens to Jointly Owned Property When the Owner Dies?

Estate Planning

Various types of property, such as bank accounts and real estate, can be owned jointly with another person(s).

01/25/23 • by: Vick Law, P.C.

6 Things You Need Besides a Will in Your Estate Plan

Estate Planning

One reason for having a will is to make sure your wishes are carried out. If you die “intestate” (without a will), your assets will be distributed by state law, not by your desires.

01/23/23 • by: Vick Law, P.C.

Mistakes to Avoid When Designating Power of Attorney

Estate Planning

Estate experts agree that a financial power of attorney is one of the most important documents to include in your estate planning. It allows you (the “principal”) to name a person you trust (your “agent”) to make decisions about your property and finances if you cannot.

01/23/23 • by: Vick Law, P.C.

5 Beneficiary Mistakes to Avoid

Estate Planning

Before making a decision on a beneficiary, it's very important to check your state laws. Some states have different rules on who you can name as a beneficiary.

01/20/23 • by: Vick Law, P.C.

4 Tips to Create an Estate Plan

Estate Planning

The misconception that estate plans are only for wealthy individuals often prevents people from putting a plan in place. However, having an estate plan is beneficial for anyone.

01/18/23 • by: Vick Law, P.C.

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Estate Planning Blog

How Can I Stop a Sibling from Stealing My Inheritance?

Is a Handwritten Note in a Bible a Valid Will?

Gifts to Reduce the Size of Your Taxable Estate

9 Times You Should Update Your Estate Plan

Can I Leave a Gift to My Alma Mater?

What Happens to Jointly Owned Property When the Owner Dies?

6 Things You Need Besides a Will in Your Estate Plan

Mistakes to Avoid When Designating Power of Attorney

5 Beneficiary Mistakes to Avoid

4 Tips to Create an Estate Plan

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