One of the questions I often get asked by clients with blended families is “If I die first, can my spouse change her/his Will after my death?” The answer is “it depends.” Anyone is able to change their personal will, but many partners choose to create mirror wills and mutual wills to ensure their estates will be divided in the same way. If spouses have mirror wills, any spouse
Tag Archives: Wills and Estates
Estate Problems with Gifts and Loans to Children
Gifts of money or property from parents to children often become sources of confusion, resentment and litigation upon the parents’ death. These problems could be limited if the parents and the children properly documented their intentions at the time of making the gifts and during the preparation of Wills. In the absence of such specific agreements and direct instructions the estate executors will have to rely on various legal principals and