Entries by George Fox

Who Will Make Your Financial Decisions if You are Unable to Make Them Yourself?

What good is having access to a safe deposit box if you don’t have the key and you’re not ont he signature card? What if someone asked you to drive his car in an emergency but he didn’t give you the car keys? What if a relative wanted you to handle financial matters for her, […]

Deal with Inherited Real Estate Before Another Person Dies

Ignoring property to be inherited is a problem which never goes away. It inevitably gets worse. As a model, consider what happened in the family of T.L. Piggy, Sr. In 1950, T.L. (short for “This Little”) went to market in East Cobb County. He liked some farm acreage and bought it for $30,000.    

It’s Critical to Discuss Your Will with Your Children – Even if it’s Uncomfortable

Certain superstitions are silly: “Handling a toad gives you warts.” “Step on a crack, break your mother’s back.” “It’s good luck to find a horseshoe.” (Unless, of course, it’s still attached to the horse). Other superstitions have intellectual issues: When Punxsutawney Pete looks for his shadow on Groundhog Day, how does he know what he’s […]

Who Gets the Assets if Your Spouse Dies Without a Will? You Might be Surprised.

The financial planner thought he knew everything.  And with that confidence, he downloaded a form will. It wasn’t a bad will, actually. But he made one enormous mistake: he didn’t sign it right. So when he died, his wife went to an attorney to find out how she would collect everything. She got a shock: she […]

Asset Protection ABC’s

Lawsuits are filed for all sorts of reasons. (For some really bad reasons, check out www.StellaAwards.com, which is named for the woman who sued McDonalds over that hot coffee.) Unexpected things also happen, and sometimes they lead to suits. And people in affluent areas are easy targets to blame . . . and sue. So how […]

Protecting Your Aging Parents’ Assets

On the magazine cover, the cute but worried dog was staring at a man’s hand.  The hand was holding a gun to the dog’s head. The cover caption: “If You Don’t Buy This Magazine, We’ll Kill This Dog.” This is not exactly a case of undue influence. Nobody has you in a chokehold, nobody is […]

Your Documents Are Only Good if People Can Find Them. Just ask Jack.

This is the House that Jack left. This is the basement, dingy and dark In the house that Jack left. This is the chest, so rarely opened, Covered by carpets and dust and webs In that basement, dingy and dark In the house that Jack left.