Idaho Estate Planning - Can You Challenge a Will & Still Get Your Inheritance?

If you dispute a will and lose, can you still receive your inheritance? It depends.Forfeiture clauses normally state that anyone who challenges a will and loses then forfeits any bequest made to him or her in the will. For example, if a will states that someone should inherit 25% of the estate...

Idaho Elder Law - Bogie & Bacall Provide Lesson On Estate Planning

In recent article titled "Bogie and Bacall: Iconic May-December romance", Market Watchdiscussed the estate planning issues that come up with marriages when one spouse is much older than the other.Humphrey Bogart was 25 years older than Lauren Bacall when the two got married. At the time he was...

Idaho Estate Planning - Living Trusts Are Not Just For the Wealthy

Have you set up a trust fund for your kids? If not, you might think trusts don't apply to your financial situation. But what if they do?Revocable living trusts offer a great way to distribute your assets after you pass away without the hassle and expense of probate. They are a relatively simple...

Idaho Elder Law - Make Sure Your Power of Attorney Will Be Accepted

Maybe your power of attorney isn't so powerful after all. Well, at least not in some instances.General Durable Powers of Attorney are an important part of almost all estate plans. They provide a cheap and effective way for someone to designate a person to handle financial matters in the event of...

Idaho Estate Planning - Avoiding Spoiled Heirs

If you are afraid your heirs may become spoiled by their inheritances, your fear is justified. Many people are apprehensive when deciding how to pass down their estate for this very reason.When people suddenly receive a lot of wealth, one of their first instincts is to use it to buy all of the...
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