It’s a common misconception that estate planning is only necessary for the elderly or the wealthy. However, nothing could be further from the truth. Regardless of age or financial status, having a well-thought-out estate plan is crucial for everyone, especially for young adults. First and foremost, let's dispel the myth that estate planning is solely about distributing assets after death. [...]
Every area of the law abounds with issues which require specialized knowledge of the law and of the court system. It’s easy for most individuals to get lost in a maze of complex procedures and legal terms. A trusting relationship between a law firm and client is essential. The team at Comitz Law answers questions, calms fears, and understands our [...]
Distributing estate assets to heirs and beneficiaries is one the most well-known roles of a personal representative. Before this duty can be carried out, the personal representative must ensure that the estate’s debts are paid off using estate assets. Who Pays the Debt of a Decedent? When a person passes away with debt, the estate is typically liable to [...]
Estate planning is a complex process that can lend itself to numerous mistakes if not established by a knowledgeable professional. The top mistake? Not having an estate plan. While most adults can benefit from an estate plan, only 33% of Americans have such a plan. The biggest reason for the low percentage is “just not getting around to it”. Some [...]
Challenges abound in every area of the law, requiring specialized knowledge of the law and of the court system. Without a qualified attorney to provide that knowledge, one can get lost in a maze of complex procedures and Latin legal terms. Ad litem. Respondeat superior. Quantum meruit. In articulo mortis. Res ipsa loquitur. Quid pro quo. Ad damnum. Pro se. [...]
While we can’t predict the future with absolute accuracy, we can plan for it. Estate planning can provide a degree of certainty in an uncertain world. Typically consisting of a number of legal documents, an estate plan serves to provide for loved ones after death and ensure that assets are distributed in a timely manner. The minimization of expenses and [...]