Was the Death of Aaron Hernandez a Strategic Plan?

Former New England Patriots player Aaron Hernandez was found hanged in his prison cell in the early morning hours of April 19, 2017. He was serving a life sentence for the 2015 murder of Odin Lloyd. In the subsequent days, many rumors have circulated about whether it was suicide, murder, or a strategic legal and financial plan. Rumors That last …

What is Included in an Estate Plan?

No matter how large or small it may be, everyone has an estate. It’s made up of everything you own; your car, your home, checking and savings accounts, and even personal possessions. Your estate is basically your net worth, including your assets and debts. Estate plans are put in place to determine what happens to your estate after you die. …

Why is a Will Important?

  What is a will? Why is a will important? Before these two questions are answered, ask yourself, “Do I own property or assets?” If you’re like most Americans, then the answer is yes and you should sit down and put together a will at some point. That way you, rather than your state government, decides who gets what when …

Estate Planning Mistakes

COMMON ESTATE PLANNING MISTAKES Document Errors in Your Will or Living Trust One of the most common mistakes is to not keep your will current. Mistakes can include heirs being left out or deceased parties being named as the executor. Your will or living trust should be regularly reviewed at least: On marriage, divorce or separation of anyone named in …

Same Sex Estate Planning After DOMA

ESTATE PLANNING FOR SAME-SEX COUPLES The Supreme Court’s decision in Windsor signaled a new era for same-sex marriages legally performed under state law. The central ruling in Windsor held that the Defense of Marriage Act (DOMA) was unconstitutional by depriving same-sex couples of equal protection under the law. Importantly, Windsor did not address whether states are required to recognize same-sex marriages performed …

How To Handle Digital Assets?

As people continue to use the Internet for paying bills and social interaction, many people are starting to wonder what will happen to their digital assets when they die. Digital assets are an important part of estate planning these days and you want to name a reliable person to access your Internet accounts when you no longer can. The online …

Can I name minors as my beneficiaries?

One of the main concerns with naming a minor as a beneficiary is ensuring that any money is used for appropriate purposes, like health or education. Creating a well-designed plan will ensure the money is used in a responsible way. Trusted Adult The first step to naming minors as beneficiaries is to find an adult or person over the age …

What questions do I need to ask when choosing a guardian?

No matter how old or young you are, creating an estate plan is a vital step. Young families need to consider planning for their future especially when children are involved. Choosing the appropriate guardian is an important step and Estrada Legal is able to help you create a well-designed estate plan that fits your family’s needs. What questions do I …