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3 Feb 2022, 2:55 pm
The Alberta Law Reform Institute recently released a report on Family Maintenance and Support from the Estate of a Person Who Stood in the Place of a Parent:"Family Maintenance and Support from the Estate of a Person Who Stood in the Place of a Parent, Final Report 117 recommends that the Wills and Succession Act be reformed to allow a child to apply for family maintenance and support from the estate of a person who stood in the place of a parent… [read post]
21 Aug 2015, 2:25 am
Topics covered in this report include: What Can Happen Without an Estate Plan in Place? [read post]
23 Nov 2023, 1:18 am
Or that your best friend or closest child pressured you into making gifts to them. [read post]
10 Nov 2016, 7:31 am
She was also awarded over $50,000 in retroactive child support, attorneys’ fees, and 80% of the marital estate (according to the father). [read post]
23 Sep 2008, 1:17 pm
For example, if parents transfer $10,000.00 to their child in 2008 and the average earnings over the next 25 years is 6%, in 2033, the original $10,000.00 will be $40,000.00. [read post]
30 Jun 2009, 4:40 pm
Tagged: assets, beneficiaries, business succession, estate, Estate Planning, estate planning checklist, incapacity, living trust, probate, will [read post]
20 Feb 2015, 8:47 am
In 2012, wife filed petition for confirmation of lien, sale of real estate, and entry of QDRO, alleging child support arrearages and interest totaling nearly $66,000. [read post]
20 May 2015, 4:00 am
Others may be far less inclined to share the details of their estate plan; however, as an adult child you should encourage your parents to at least discuss overall estate planning with you. [read post]
14 Apr 2009, 2:00 am
To refresh: the classic estate freeze is a transaction involving a business-owning parent and his or her child. [read post]
4 Jul 2019, 12:00 pm
Higdon recently published an Article entitled, Parens Patriae and the Disinherited Child, Wills, Trusts, & Estates Law eJournal (2019). [read post]
12 Jul 2022, 2:59 pm
The collection of child support from property that is not part of the bankruptcy estate. [read post]
3 Feb 2013, 7:45 am
(a) A parent of a child has the following rights and duties: (1) the right to have physical possession, to direct the moral and religious training, and to designate the residence of the child; (2) the duty of care, control, protection, and reasonable discipline of the child; (3) the duty to support the child, including providing the child with clothing, food, shelter, medical and dental care, and education; (4) the duty, except when a guardian of the… [read post]
14 Apr 2017, 11:00 pm
Each child would receive approximately $13,000. [read post]
15 Nov 2022, 7:20 am
As a general rule, we recommend that you have one of our estate planning lawyers review your current plan each year, or after any of the following life events: Bringing a child into the home (birth or adoption); Divorce or remarriage; Changes in your health; Changes in your financial situation; Changes in business ownership [link to Estate Planning for Business Owners page]; Death of a beneficiary; or Changes to your distribution plan, for example, if you want to add… [read post]
22 Jun 2010, 8:14 pm
Welcome to Absurd Estate Planning. [read post]
19 Aug 2014, 6:30 am
Against this backdrop, you may approach your estate planning as if each child was yours biologically, and your second spouse is actually your first spouse. [read post]
9 Sep 2013, 6:03 am
Trusts can be used to build wealth in a child’s name until the child reaches a certain age. [read post]
23 Oct 2013, 10:15 am
Some people choose a lawyer, accountant or financial consultant based on their experience while others prefer their spouses, an adult child, a close friend or other relative to fill this role. [read post]
24 Feb 2023, 9:30 am
‘The court if necessary to protect and promote the best interests of the children may set aside a portion of the jointly or separately held estates of the parties in a separate fund or trust for the support, maintenance, education, physical and mental health, and general welfare of any minor, dependent or incompetent child of the parties. [read post]
10 Aug 2010, 11:51 am
In California, non-marital children may inherit from the mother when there's parent-child relationship by the mother giving birth and from the father only if father acknowledged the child, subsequent marriage to the mother, or court decree of paternity. [read post]
