Leaving the Ex In Control – An Estate Plan Nightmare

When someone passes away, there is an assumption many people make that the family and friends of a decedent will be left in charge of their deceased loved one's estate so they can divide any possessions appropriately. Unfortunately, this assumption is not accurate. There are rules and regulations in each state concerning the distribution of assets maintained in an estate and who is ultimately empowered to make those decisions. If you do not have an estate plan, or you have an outdated estate plan, you are heightening the risk that someone you are not very close to, or may even...