Readers of our estate planning blog posts at the Law Offices of Connie Yi might note a recent entry focused on art. We spotlighted in our April 23 post a painting of actress Farrah Fawcett done back in 1980 by iconic artist Andy Warhol. That portrait featured largely in litigation targeting its ownership.
“Opening the doors of communication.”
Have you ever noticed as the adult son or daughter of loving parents that mom and dad still treat you like a child?
You love them all equally, right, so doesn’t it simply make sense to treat all your kids the same when it comes to their down-the-road inheritances?
Tick, tick, tick.
It is notable how select legal tools in various practice areas are sometimes misunderstood or underappreciated by individuals and families that could derive strong benefit from using them.
Can you sense it?
Don’t exactly relish broaching the topic of estate planning with one or both of your parents?
Kudos to any couple that has the foresight to execute a well-considered estate plan during marriage, especially married partners with children. Despite their best intentions, many spouses don’t get around to crafting a strategy that addresses life’s core concerns and safeguards against the downsides.