When drafting a will, it's very important to get it right. Small oversights can lead to massive family disagreements when you pass away. You won't be around to witness them, but that is not the type of legacy you want to leave for your children.To help you begin, here...











Commercial Law

Wills
The difference between a median and an average net worth
On behalf of Faith, Ledyard & Faith, PLC | May 8, 2020 | Wills
There are two main ways to look at net worth in America. The first is by looking at the average for every household, and the second is by looking at the median. These may seem similar, but they yield vastly different results.If you consider the average, it clocks in...
Life expectancy marches toward 100
On behalf of Faith, Ledyard & Faith, PLC | May 6, 2020 | Wills
People already live to 100 years old. It is not the norm, with the life expectancy in the United States still under 80, but that changes a little bit every single year. In time, experts believe that 100 will become the average.They think this for a few reasons. First...
Writing a will when you retire
On behalf of Faith, Ledyard & Faith, PLC | Apr 7, 2020 | Wills
Retiring already forces you to start thinking about your finances, your long-term earnings, your Social Security benefits and a lot of other financial details. You may also think about the medical care you'll likely need as you enter this later stage in your life, and...
People still aren’t doing their estate planning
On behalf of Faith, Ledyard & Faith, PLC | Sep 2, 2019 | Wills
Have you ever heard that most people have never done their estate planning or written a will? It's a concern that experts have expressed for quite some time, seeing as how everyone will eventually pass away and need an estate plan. That makes it feel like something...
Life events that mean it’s time to consider your estate plan
On behalf of Faith, Ledyard & Faith, PLC | Aug 3, 2019 | Wills
You wrote a will 10 years ago. You have not thought about it since. You just filed it away, glad to have something in writing, feeling like you'd taken an important step.That is an important step, and you're definitely moving in the right direction. However, you don't...
One reason people don’t write wills
On behalf of Faith, Ledyard & Faith, PLC | Jun 12, 2019 | Wills
You have never written a will. When you ask your friends, most of them haven't done it either. They all say that they need to, and they express remorse that they haven't done it, but the reality is still clear: You're not alone. People often do not do any estate...
What is a partial disinheritance?
On behalf of Faith, Ledyard & Faith, PLC | May 15, 2019 | Wills
Disinheritance means, in the most general sense, that you are leaving someone out of your will. They expected to get an inheritance from you -- often, this person is a child -- but your estate plan gives the money to others.A partial disinheritance, then, is simply...
Estate planning when you get married again
On behalf of Faith, Ledyard & Faith, PLC | Apr 16, 2019 | Wills
You are thinking of doing your estate planning, but you just got married for the second time. Your first marriage ended in divorce. Is there anything you need to know about planning the second time around?There certainly is. Estate planning grows more complex the more...
60 percent of Americans have never done this
On behalf of Faith, Ledyard & Faith, PLC | Mar 21, 2019 | Wills
Do you think that at some day in the future you will need to pass your assets on to your heirs or other beneficiaries? Of course, the answer is yes. We are all going to pass away eventually and we need to transfer our wealth -- no matter how much or how little we have...



Categories
- Blog (7)
- Commercial Real Estate (22)
- Construction Law (20)
- Development (23)
- Firm News (2)
- Land Use & Zoning (1)
- Motor Vehicle Accidents (92)
- Motorcycle Accidents (53)
- Premises Liability (63)
- Real Estate Disputes (27)
- Real Estate Transactions (90)
- Trusts (35)
- Wills (44)
Archives
- December 2020 (2)
- November 2020 (5)
- October 2020 (5)
- September 2020 (4)
- August 2020 (7)
- July 2020 (8)
- June 2020 (10)
- May 2020 (11)
- April 2020 (9)
- March 2020 (10)
- February 2020 (10)
- January 2020 (11)
- December 2019 (9)
- November 2019 (10)
- October 2019 (11)
- September 2019 (9)
- August 2019 (10)
- July 2019 (11)
- June 2019 (11)
- May 2019 (8)
- April 2019 (11)
- March 2019 (10)
- February 2019 (10)
- January 2019 (9)
- December 2018 (12)
- November 2018 (9)
- October 2018 (8)
- September 2018 (10)
- August 2018 (10)
- July 2018 (10)
- June 2018 (10)
- May 2018 (14)
- April 2018 (6)
- March 2018 (11)
- February 2018 (8)
- January 2018 (13)
- December 2017 (9)
- November 2017 (10)
- October 2017 (9)
- September 2017 (11)
- August 2017 (10)
- July 2017 (5)
- June 2017 (6)
- May 2017 (4)
- April 2017 (4)
- March 2017 (6)
- February 2017 (4)
- January 2017 (4)
- December 2016 (6)
- November 2016 (4)
- October 2016 (4)
- September 2016 (5)
- August 2016 (5)
- July 2016 (6)
- June 2016 (3)
- May 2016 (5)
- April 2016 (6)
- March 2016 (4)
- February 2016 (4)
- January 2016 (4)
- December 2015 (5)
- November 2015 (4)
- October 2015 (5)
- September 2015 (4)
- August 2015 (4)
- July 2015 (5)
- June 2015 (4)
- May 2015 (5)
- April 2015 (4)
- March 2015 (4)
- February 2015 (4)
- January 2015 (4)
- December 2014 (5)
- November 2014 (5)
- October 2014 (4)
- September 2014 (4)
- August 2014 (4)
- July 2014 (5)
- June 2014 (4)
- May 2014 (5)
- April 2014 (5)
- March 2014 (4)
- February 2014 (4)
- January 2014 (5)
- December 2013 (1)