Will and Trusts Disputes
I was thinking about the future and what inevitably was to come the other day when I realized that I do not know whether my grandparents or my parents even have an updated will and trust. This is troubling considering how large our family is. With that many opinions and emotions involved in a interpretation of an outdated will god only knows the outcome and whether or not our families property assets will be salvaged and pass on as needed.
Considering that Elvis Presley's estate was worth 10 million at the time of his death but after taxes, debts and other various fees due to poor planning his heirs only received a little under a million. Now my family is by far nowhere near that in worth but in terms of family value there are many things worth saving and not being taken by the state.
I saw that above example on Gregorek and Associates, PLLC website and was reading through a lot of the information they offer free on there. It's quite eye opening though many people try to avoid the subject due to emotions however I think we must be grown ups here as well as realists and do whats proactive.
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