inherited property

So You Inherited a Property. Now What?

Many families mistakenly believe that receiving an inherited property is as simple as listening to a reading of the Will and then that property magically belongs to you and you can do whatever you want with it. Sorry to burst that bubble, but a reading of the will is not a real thing – that’s…

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primary v contingent beneficiary

Primary v Contingent Beneficiary

What Is The Difference Between Primary v Contingent Beneficiaries? A primary beneficiary is a person or entity who is first in line to receive assets upon the death of the policyholder or account owner. A contingent beneficiary is a person or entity who is next in line to receive the assets if the primary beneficiary…

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who will inherit my house when i die

The Truth About How Your Assets Are Distributed After You Die

Does Your Will Determine Who Inherits Your Assets When You Die? Last month I discussed how clients are often unpleasantly surprised to learn that having a Last Will and Testament does not negate the need for probate. Many people also incorrectly believe that the Will is KING. They think that the terms of the Will…

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Jack and Diane John Cougar Mellencamp

The Real Diddy About Jack and Diane

Who Remembers Jack and Diane? Those two wild kids in love in John Cougar’s (before he admitted that his real last name was Mellencamp) 1980’s song, enjoying the carefree life of teenagers. Do you know what happened to Jack and Diane? Here’s the real ditty about Jack and Diane (lawyers always have to be the…

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