Estate Planning Attorneys Bearcreek : Probate & Elder Law Attorneys in Bearcreek, MT

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Estate Planning, Probate & Elder Law Bearcreek, Montana

Bearcreek Estate Planning & Probate Attorneys

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Thompson Law Firm, PLLC

TEL (406) 294-4230 |  Billings, MT

James W. Thompson graduated from the University of Montana School of Business in accounting, and earned a C.P.A. certificate. He then received a Juris Doctor (law) degree from the University of Mo...(more)



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ESTATE PLANNING, PROBATE & ELDER LAW NEWS

» Attorney Steven S. Poulathas Joins Flaster/Greenberg s Corporate/Tax, ...

Attorney Steven S. Poulathas has joined Flaster/Greenberg as an associate and member of the Corporate/Tax, Mergers and Acquisitions, and Trust and Estate Practice Groups in the firm s Cherry Hill office. via Hellenic News of America

» Icon moves into retail SMAs

» Thomson Offers Estate Planning Organizer

Thomson Tax & Accounting has introduced an estate-planning notebook organizer that accountants can send to their clients as gifts. via WebCPA

» What I Learned About DNA Testing

I recently had a case that involved DNA testing. My client asked me to help her prove that she was the child of a recently-deceased man (who never married my client's mother). After a lot of fits and starts, we were successful. A few things I learned during the process:

1. In probate proceedings involving an out-of-wedlock child, you need to rely upon Sec. 2-2 of the Illinois Probate Act: "If a decedent has acknowledged paternity of a child born out of wedlock or if during his lifetime or after his death a decedent has been adjudged to be the father of a child born out of wedlock, that person is heir of his father...."

2. It's important to do your detective work. I was able to locate DNA of the decedent by contacting various hospitals, one of which had retained a tissue sample for the decedent from about 20 years prior to his death.

3. Exhuming a body for DNA testing is VERY expensive, in most cases prohibitively expensive. I was given a conservative quote of $15,000. Testing of existent samples is much cheaper.

4. DNA testing results can show whether the decedent is excluded as a possible father and, if not, the probability that the decedent is the father. This can be expressed two ways: as a percentage (like, "there is a 99.8% chance that decedent is person X's father"), and via what's called a "combined paternity index." The combined paternity index is just the inverse of the percentage -- a 99.8% probability that decedent is person X's father means a combined paternity index of 500 (99.8 = 100-[100/500]).

5. 99.8% (or a combined paternity index of 500 or more) is needed to prove parentage under the Illinois Parentage Act of 1984 (see 750 ILCS 45/11(f)).

» Spring Schedule for Life Settlement University

"Among other things, our students have told us that they learned of life settlements from a client or colleague and knew they then needed to learn more about settlements"

Life Settlement University has posted its Spring class schedule , including live Web courses designed for life settlement novices and those seeking advanced training in the subject. via What's Up Daybook