I was talking to someone the other day who wanted to change their Will, which was not originally drafted by me, and asked me if I would do a a codicil for them. I told them no. While I would be happy to draft a new will from scratch, I don’t do codicils to wills...
Estate Planning
I have new clients, a same-sex couple. When interviewing them about their assets, they told me that they own their home as joint tenants with rights of survivorship (JTROS), and not as tenants-in-common (TIC). In brief, the difference between the two are as follows. Â If two people own property as JTROS, then upon the death...
In today’s (October 15, 2009) Wall Street Journal, there is an article entitled “Is There a Trap Lurking in the Language of your Will?” written by reporter Laura Sanders. The article correctly points out that many semi-wealthy couples may have a serious problem in their Wills.  By “semi-wealthy” I mean estates worth up to $4...