Stan Lee, who was a real-life superhero to many comic book fans, passed away this year at 95 years of age after a prolonged illness. Unfortunately, his last few years were troubled as claims of financial malfeasance, familial abuse and missing money surfaced. Even after his death, it's still unclear what estate plans he had made.
It can be quite a shock to find out that you're not receiving the inheritance you expected or are cut out of the will entirely while you're still grieving the death of your loved one.
When making your estate plans, it really is better to start planning early. Waiting until you're already ill or on your deathbed is often a big mistake that can leave your family in turmoil after you are gone -- and thwart your final wishes.
What's going to happen to your dog or cat when you die?
Being named the trustee of someone's funds can be a somewhat overwhelming responsibility -- especially if you aren't sure what's expected.
It's probably the last thing you expect following your mother or father's death, but don't be surprised if the creditors start calling.
You may have asked a relative about their estate plans and heard something like, "Oh, I had a will drawn up years ago. It's all handled." At that point, you probably breathed a sigh of relief and forgot all about it.
America has a large population of adults who are approaching advanced age -- and many of those adults are vulnerable to exploitation and abuse through the guardianship process.
When a parent starts to have problems functioning independently, the situation can aggravate tensions between their adult children, especially if there's a dispute over who should be handling Mom or Dad's financial affairs.
When someone dies, the most valuable asset they often have is their home. In fact, it's often the only thing that they have of great material worth to pass to their children.