by Laurie Ohall | Feb 22, 2023 | Estate Planning
If you’re a parent, you probably want to leave assets to your children to help create a secure financial future after you pass. You don’t want them to struggle financially. You also want to ensure they receive items of personal meaning and continue the legacy you...
by Laurie Ohall | Jan 30, 2023 | Estate Planning, Wills and Trusts
A life estate is a form of property ownership that allows an individual to use and manage property during their lifetime. The life estate also designates who will receive the property after the owner’s death, known as the remainderman or remainder beneficiary. Let’s...
by Laurie Ohall | Jul 31, 2020 | Estate Planning, Wills and Trusts
A life estate is a form of ownership of real property. Essentially, it gives someone the right to occupy and enjoy the full use of a property until the life tenant’s death. Creating a life estate is a strategy commonly used by seniors who wish to retain their rights...