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Capacity Issues in Relation to Estate Planning
/by Davis, Davis & AssociatesA common misconception that often arises in my practice is that someone who is cognitively “stable” automatically has testamentary capacity and is capable of drafting (or directing someone to draft) their estate planning documents. According to the CDC, 1 in 4 Americans in 2023 have some form of a disability and according to the Alzheimer’s […]
Funding a Revocable Living Trust
/by Davis, Davis & AssociatesAs of late, many of my clients are choosing to structure their estate plan using a revocable living trust instead of relying simply on a will. They prefer to cost advantage, the privacy, the savings in time and the added control over assets that a trust can provide in the event of their incapacity and […]
Get to Know…Jaimie Mans
/by Davis, Davis & AssociatesAs much as I love writing about Estate Planning and Probate law, what I love even more are my co-workers (honestly!). It’s a very unique culture at Davis, Davis & Associates, and one in which I have not personally experienced in my professional life. Each member of our team is vital to our success, in […]
What You Need to Know About Creditor Claims Against an Estate
/by Davis, Davis & AssociatesTry as we might to live (and die) debt free, most people do pass away with some debt. The Executor (also known as the Personal Representative) of an Estate is legally obligated to notify known creditors that an estate of a decedent is being probated and it’s also a legal obligation to publish notice that […]
The Probate Process in Alabama
/by Davis, Davis & AssociatesIn reality, the probate process in any state could fill up an entire book, but this blog post will (hopefully) give you a general overview of what to expect if you are anticipating having to navigate the probate court for the purposes of handling a decedent’s estate. For the purposes of this particular blog post, […]
Moving Out of State? Time to Review Your Estate Plan
/by Davis, Davis & AssociatesI know what you’re thinking, just the act of moving alone is a massive undertaking, so the thought of adding another item to your to-do list probably doesn’t sit well, but it can be critically important. Any time you move out of state, you simply must revisit your Estate Plan, and here’s why. Generally, a […]
The Heart of Estate Planning: Incapacity Planning
/by Davis, Davis & AssociatesI can guarantee you that if I asked 10 people what the purpose or what the benefit of estate planning is, 9 out of those 10 would say something along the lines of “To make sure my things go where I want when I die” or “To take care of my family when I die.” […]
U.S. Treasury Emergency Rental Assistance Program
/by Davis, Davis & AssociatesDo you live in Baldwin County? Are you struggling to get caught up on or pay future rent? Baldwin County is launching the U.S. Treasury Emergency Rental Assistance Program to provide emergency rental assistance to residents who are at risk of experiencing homelessness or housing instability due to the COVID-19 pandemic. The program is funded […]
State of Alabama Proclamation by the Governor: COVID-19
/by Davis, Davis & AssociatesWHEREAS, on March 13, 2020, I declared the existence of a state of public health emergency based on the appearance of the 2019 novel coronavirus know as COVID-19 in the State of Alabama; WHEREAS that initial proclamation included provisions designed to assist in preventing the spread of COVID-19 and in mitigating the consequences of COVID-19; […]
Estate Planning in a Post-COVID-19 World
/by Davis, Davis & AssociatesThe coronavirus pandemic has disrupted just about every area of our lives, and it has caused many people to rethink their priorities. A lot of people have contracted the virus or know someone who has become seriously ill or died from it, and this has forced a good number of individuals to confront their own […]