Benefits of a separate situs will or power of attorney

By Nicholas André (April 5, 2024, 1:19 PM EDT) -- Many of our readers, especially business owners, may be familiar with the concept of having multiple wills in the same jurisdiction, where each will governs different classes of assets — usually used to avoid paying estate administration tax (a.k.a. probate fees) on assets that do not require probate. For more information on this strategy, read our prior article: “Other uses for a dual will plan beyond business.”...