Estate plans should account for effective disposition of real estate

Realty Check

By Erica Minchella

Erica Crohn Minchella is the head of the boutique real estate firm of Minchella & Associates, Ltd., handling residential and commercial real estate transactions and litigation such as foreclosure defense, quiet title, and partition actions. erica@ecminchellalaw.com

Posted April 24, 2024 11:30 AM

There is a huge drop in the number of people who are drafting their estate plans since the end of the COVID-19 pandemic. According to USA Today, only 32% of adults acknowledge that they have an up-to-date estate plan.My own “the cobbler’s children go barefoot” story might imply that lawyers are among the worst offenders. I have had a will in place for 30 years, but my kids have been adults for 15 years, and their aunt is still named as their guardian. I have only recently updated my estate plan. And I have yet to have my …

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