Asset Protection
What are the Consequences of Dying Without a Will?
When you die, a section of law known as estate and probate law governs how your assets are distributed.
June 9, 2023
Asset Protection
Will In-Laws Inherit If I Don’t Have a Will?
When someone passes away, whether unexpectedly or not, it can raise questions about who will inherit what. Specifically, you might be wondering whether in-laws have a right to any of the assets of the deceased person.
June 8, 2023
Asset Protection
Can I Keep Stepchildren Out of Estate Plan?
Estate planning is nearly always worthwhile but can be extra important when you have stepchildren.
June 7, 2023
Asset Protection
Is It Possible to Split an IRA?
Like most assets, you can inherit an individual retirement account (IRA) after the owner’s death. For spouses, inheriting an IRA is a relatively straightforward process.
June 6, 2023
Asset Protection
Do Heirs Have to Pay Debts from an Estate?
First, debts in a person’s estate are payable from the decedent’s assets in the course of administering their probate estate or administering their living trust estate.
June 5, 2023
Asset Protection
What Do I Do If I’ve Lost an Important Document?
The word ‘paperwork’ has become an anachronism; most legal and business documents today are created, signed and stored digitally. However, a few actual pieces of paper remain vitally important to keep.
May 31, 2023
Asset Protection
Protecting Assets with a Trust vs. Limited Liability Company
To protect assets effectively, you have to store them in the right legal entity. However, that can depend on whether you’re looking to protect business assets, avoid estate taxes, or protect personal assets from legal liability while running a business.
May 26, 2023
Advanced Directives
How Does My Annuity Beneficiary Work?
Who you choose as the annuity beneficiary may impact how the annuity income is taxed if you pass away.
May 25, 2023
Asset Protection
Protect Your Elderly Parents from Scammers
Scam artists often target older adults, partly because they have amassed greater wealth.
May 23, 2023
Asset Protection
Revocable Trusts Must Be Funded to Make Estate Plan Work
The primary benefits of revocable trusts only are available if a revocable trust is FUNDED during life. Unfortunately, experienced estate planning attorneys often have clients who delay the funding of their revocable trusts until it is too late and miss many of the benefits that these trusts provide.
May 19, 2023