AB Law Blog
Leaving Your Pet in Your Will Won’t Protect Them – Do This Instead
Because you can’t leave money to your pet directly, your first thought might be to leave your pet and money for its care to someone you trust through your will instead. While this is an option, it’s not guaranteed to work. That’s because the person you name as the beneficiary of your pet in your will has no legal obligation to use the funds you leave for your pet’s care for that purpose. Even if you leave detailed instructions for your pet’s care, there is no law holding the beneficiary to accept the responsibility of caring for your pet or stopping them from changing their mind in the future after the court probate process is finished…
Passing the Torch: How to Inspire Your Kids to Take Over the Family Business
While you can’t control how your children feel about your business, there are effective ways to inspire them and help them see the value of being a business owner and carrying on a family legacy. With these strategies, you can empower them to become the next leaders of your family business and set your company up for a smooth succession transition when it’s time to retire…
3 Simple Mistakes That Can Derail Your Estate Plan
Here are the three biggest mistakes we see when reviewing DIY and low-cost estate plans…
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