ANDERSEN PLLC Andersen PLLCAttorneys

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probate and estate litigation Archives

Powers of attorney must be addressed cautiously

Through a power of attorney, a person prepares if they become incapacitated by selecting a trusted agent, who may make essential medical and financial decisions for them. This power, however, can be a license to steal through self-dealing and fraud. Precautions can help prevent this and diminish the chances of estate litigation.

Family conflicts threaten estate planning

Uncle Sam and federal taxes are not necessarily the biggest obstacle to distributing a large estate. Actual uncles and other relatives are the biggest source of estate litigation, according a recent poll by TD Wealth. Its findings are also instructive to all individuals who plan to bequeath assets to surviving relatives and for those who do not necessarily benefit from raising the estate exemption to $11.2 million.

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