Estate Planning Attorneys Grand Mound : Probate & Elder Law Attorneys in Grand Mound, IA

Estate Planning, Probate & Elder Law Attorneys

 

Estate Planning, Probate & Elder Law Grand Mound, Iowa

Grand Mound Estate Planning & Probate Attorneys

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Duffy Law Office

TEL (563) 445-7400 |  Davenport, IA

Dennis Duffy combines an extensive background in business with a wide range of legal experience to provide his clients with a uniquely practical perspective. An attorney since 1989, he now devotes ...(more)



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ESTATE PLANNING, PROBATE & ELDER LAW NEWS

» Jane Bryant Quinn on Prenups

Financial columnist Jane Bryant Quinn has an interesting article on newsweek.com entitled "Prenups Aren't For Sissies." It's available here.

The interesting thing is that Ms. Quinn is writing about prenups from experience -- she's actually just executed one, as she is getting remarried. As she puts it,...

It's one thing to write about prenups, as I have before, and quite another to live through their making. Most decisions were easy. One, however, required us to dig into feelings that were hard to talk about. Embarrassing, even. Doing prenups isn't for sissies.

» Oil hits another new high

» Huck Finn and Holographic Wills

I'm rereading Mark Twain's The Adventures of Huckleberry Finn, which is great fun. In Chapter 25, Huck and Jim's traveling companions, the scam artists known as the Duke and the Dauphin, impersonate the brothers (Harvey and William) of a recently deceased rich man named Peter Wilks. But before that, in Chapter 24, we learn a little about Peter Wilks' estate plan:

"[Peter Wilks] most desperately wanted to see Harvey -- and William too, for that matter -- because he was one of them kind that can't bear to make a will. He left a letter behind for Harvey, and said he'd told in it where his money was hid, and how he wanted the rest of the property divided up.... And that letter was all they could get him to put a pen to."

As I've said before, hand-written Wills are perfectly fine in Illinois, but all Wills have to be witnessed by at least two witnesses. If a hand-written letter like this was found in the case of an Illinois decedent, it would not be considered a valid Will, even if it clearly indicated the decedent's wishes. Why? Because the stakes are so high (involving the distribution of all of the decedent's property), the proof required for a valid Will is equally high.

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Related PostsVideo: Santa Blames IRS For WoesSanta blames the IRS for making him deliver toys on a donkey... Merry Christmas! Santa Overstated Charitable DeductionsWhoa, bad news at the North Pole on the last work day before Taxgiving Day. Reports are coming to u...Beastie Boys IRS Sabotage VideoA remake of the classic "Sabotage" Beastie Boys video [...]

»  IRS Love Letters
A notice from the IRS is not usually a big deal, but it could be. Here's what to do when you get one.