Month: May 2012

By Keith L. Davis, Esq.

Occasionally, clients ask about placing assets in joint tenancy with the right of survivorship (JTWROS) as means to allow loved ones to assist in managing assets during disability or as an estate planning device – more particularly to avoid the probate process.  Often using JTWROS is a mistake. Continue reading →

A common goal when planning for parents is “I want my kids to get along.”  Yet as estate and trust attorneys we know that one of the biggest challenges involves “special stuff.’  By this I mean tangible personal property such as family photos, heirlooms, jewelry, antiques and gun collections.
Transmission of these items is often hindered by communication – or lack thereof.  Parents and children often don’t realize what others value.  Too often we hear parents say “I don’t have anything that my kids want.”  Wow! If they only knew! Continue reading →