Estate Planning

Find newsworthy stories on estate planning—including poor estate planning, and issues and tips for last will and testaments, living wills and living trusts.

Feb 9, 2011

While the wife of an 85-year-old man was in court in Minneapolis, Minnesota, to make sure a hospital continues to care for the man, doctors said recently that the woman is simply standing in the way of the husband's desires, reports. 

According to the news source, a former attorney added a new layer to the debate between Lana Barnes and staff at Methodist hospitals when he presented a living will signed by the man, Albert Barnes, that seemingly refuses the care that his wife wishes to procure for him.

Court documents show that Albert Barnes is suffering fr

Feb 8, 2011

A living trust, which is created while a person is alive, is the simplest and most utilized form of trust, according to Chris Farrell, a personal finance guru for Marketplace Money.

According to Farrell, a living trust deals with the transferring of ownership of one's property, including things like a home, bank accounts and stocks.

Feb 8, 2011

A 25-year-old man from Gautier, Mississippi, was arrested recently and charged with felony perjury after officials claimed he lied under oath during a hearing centering around a forged last will, the Mississippi Press reports.

Jackson County Sheriff Mike Byrd said that Anthony Jon Loewenstein was arrested after a warrant was issued by Judge Larry Wilson, according to the news source.

Sheriff's investigator Sergeant Robert Blocker said that Loewenstein signed an affidavit that said he saw his 39-year-old friend sign a last will and testament that left a significant amount

Jan 28, 2011

A living will can help caregivers and family members of ailing individuals avoid difficult decisions regarding whether or not to use a feeding tube, according to the New York Times.

Jean Minarick told the source about her parallel experiences caring for her father, who passed away last spring, and her beloved uncle Lawrence, who is currently suffering from dementia and is living in a nursing home in Virginia.

Her father had written a living will stating that he did not want a feeding tube, which made Minarick's decision to forgo the nutritional device easier when her fath

Jan 27, 2011

A living trust set up by a woman who died last year has donated $19,078 to the city of Mount Angel, Oregon, reports the Statesman Journal.

Henrietta Saalfeld, a lifelong resident of Mount Angel, donated her house to the city shortly before her death in July of last year. With her remaining funds, she set up the Henrietta T. Saalfeld Living Trust and named her nephew, Jim Berchtold, as its trustee.

The new gift from the trust to the city has been earmarked for the maintenance of the house, which is believed to be the oldest residents in Mount Angel.