What Is a Living Trust?

A living trust is an estate planning document that creates a trust for your assets and states who you would like to inherit these assets upon your death. The term “living” is used because the distribution of assets to beneficiaries can occur while you’re alive – if...

Force Majeure clause and lease modifications

“Force Majeure” occurs when an emergency that is unforeseeable at the time of the contract makes the performance of the contract objectively impossible. Sometimes, a contract contains the Force Majeure clause (“FMC”). Literally “force majeure” translates from French...
How to Create Your Will: A Step by Step Guide

How to Create Your Will: A Step by Step Guide

According to a 2021 Gallup poll, only 46% of US adults have a will that outlines how their assets will be managed and distributed upon their death. Out of the 46%, the majority are people above 65 years. In another survey conducted in 2020, Gallup found the number of...
How to Choose an Estate Planning Attorney

How to Choose an Estate Planning Attorney

What will happen to your asset when you pass on? Have you put in place measures that authorize someone to make financial, legal, or medical decisions on your behalf should you become incapacitated and can’t make these decisions yourself? While these questions are not...