Friday, June 26, 2009

Press Coverage of Estate Planning This Week (June 26, 2009)

Matthew M. Wallace, Esq., writes in the TimesHerald.com (Port Huron, Mich.) about one's responsibilities when taking over as trustee of a trust.  See I've Been Named a Trustee -- What Do I Do Now? (June 21, 2009).

Warren Pena writes in The Hour (Norwalk, Conn.) about planning considerations, including special needs trusts, for children with special needs.  See Planning for Your Child with Special Needs (June 22, 2009).

Christopher Yugo, Esq., writes in the Northwest Indiana Times (Munster, Ind.) about the importance of meeting and working with an estate planning attorney directly, not just having your financial planner arrange everything.  See Make Sure You Know Your Estate Plan (June 21, 2009).

Ashlea Ebeling of Forbes.com provides advice on estate planning for those with chronic illnesses.  See More Planning Prescriptions (June 25, 2009).

Victoria Knight of Dow Jones Newswires discusses how naming a relative or close friend the successor trustee of your trust can lead to abuses, and that naming an institutional trustee is sometimes a better approach.  See Elderly Need to Pick Trustees Carefully (June 22, 2009).

Lew Sichelman of the Los Angeles Times recounts the various ways to hold title to a home, including tenancy by the entireties, tenants in common, joint tenancy and sole ownership, with the pros and cons of each approach.  See Homeowners Should Be Careful About How They Hold Title to Properties (June 21, 2009).