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Law Mosley, P.C.

Why You Need a Trust – Even if You Aren’t Rich

When you hear the words, “Trust Fund”, do you conjure up images of stately mansions and party yachts? A Trust Fund – or Trust – is actually a great Estate Planning tool for many people with a wide range of incomes who want to accomplish a specific purpose with their money. Simply put, a TrustContinue reading “Why You Need a Trust – Even if You Aren’t Rich”

How should I include my cryptocurrency in my Estate Plan?

Question:How should I include my cryptocurrency in my Estate Plan?– Digital Planner Answer: Dear Digital Planner, Just like any other property you want to pass on, detail in your Estate Plan who you want to inherit your cryptocurrency, and then include specific instructions in your Will or Trust how you’d like the accounts managed in theContinue reading “How should I include my cryptocurrency in my Estate Plan?”

Estate Planning 101: Wills vs. Trusts

Wills and Trusts are two of the most commonly used Estate Planning documents, and they form the foundation of most Estate Plans. While both documents are legal vehicles designed to distribute your assets to your loved ones upon your death, the way in which they work is quite different. From when they take effect andContinue reading “Estate Planning 101: Wills vs. Trusts”

Q&A: How does the administration of a Will work?

QUESTION: How does the administration of a Will work?–Family Planner ANSWER:Dear Planner: In order for assets in a Will to be transferred to a beneficiary, the Will must first pass through the court process known as probate. During probate, the court oversees the Will’s administration, ensuring your assets are distributed according to your wishes. However,Continue reading “Q&A: How does the administration of a Will work?”

What You Should Know Before Agreeing to Serve as Trustee

Being asked by a loved one to serve as trustee for their trust upon their death can be quite an honor, but it’s also a major responsibility—and the role is definitely not for everyone. Indeed, serving as a trustee entails a broad array of duties, and you are both ethically and legally required to properlyContinue reading “What You Should Know Before Agreeing to Serve as Trustee”

Will Your Estate Plan Actually Work When Your Family Needs It?

As your Personal Family Lawyer®, we’re dedicated to improving the public’s perception of lawyers by offering family-centered legal services specifically tailored to provide our clients with the kind of love, attention, and trust we’d for our own loved ones. With that in mind, this post gives some insight into how this vision for a newContinue reading “Will Your Estate Plan Actually Work When Your Family Needs It?”

Just Married? 6 Estate Planning Essentials for Newlyweds—Part 2

As we head into the peak of wedding season, if you are a newlywed or are about to tie the knot, add “Estate Planning” to your do list. And yes, we imagine that at this happiest time of your life, planning for your potential incapacity and eventual death is probably the farthest thing from yourContinue reading “Just Married? 6 Estate Planning Essentials for Newlyweds—Part 2”

Just Married? 6 Estate Planning Essentials for Newlyweds—Part 1

As we head into the peak of wedding season, if you are a newlywed or are about to tie the knot, add “Estate Planning” to your do list. And yes, we imagine that at this happiest time of your life, planning for your potential incapacity and eventual death is probably the farthest thing from yourContinue reading “Just Married? 6 Estate Planning Essentials for Newlyweds—Part 1”

6 Things You Should NOT Include In Your Will

A Will is one of the most basic Estate Planning tools. While relying solely on a will is rarely a suitable option for most people, just about every Estate Plan includes this key document in one form or another.  A Will is used to designate how you want your assets distributed to your surviving lovedContinue reading “6 Things You Should NOT Include In Your Will”

Getting Divorced? Don’t Overlook These 4 Updates to Your Estate Plan—Part 2

Going through divorce can be an overwhelming experience that impacts nearly every facet of your life, including estate planning. Yet, with so much to deal with during the divorce process, many people forget to update their plan or put it off until it’s too late. Failing to update your plan before, during, and after yourContinue reading “Getting Divorced? Don’t Overlook These 4 Updates to Your Estate Plan—Part 2”