“Per stirpes” is a Latin term, as are many legal terms. It means “by roots or representation.” Legally, per stirpes is used in wills or trusts ...
Wills can be more complicated than people realize. It’s important to write them carefully, but it’s also important to probate the will (or file it ...
A living trust is a legal arrangement in which someone places their assets into a trust but still has access to them and continues to use them until t ...
Estate planning law is a comprehensive, wide-ranging legal field that covers many aspects involving protecting and distributing someone’s assets and ...
The terminology around different kinds of wills can be confusing. A last will and testament is essentially the same thing as a will. However, there’ ...
The answer is: it depends. While both wills and many trusts involve planning for the distribution of assets after the original owner’s death, they h ...
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