Asset Protection
Do Trusts Help with Succession Planning?
Most estate planning starts with a will. The legal document covers what to do with your assets and provides important direction on the care for minor children.
April 25, 2023
Asset Protection
Protecting Inheritances in a Blended Family
As divorce and second marriages become increasingly common, more people find themselves raising children who are not biologically their own. Estate planning for blended families should address this unique situation.
April 24, 2023
Asset Protection
Transferring Real Estate to Children
For many parents, transferring real estate to their children is an important part of their estate planning process. There are several ways that parents can do this, each with its own advantages and disadvantages.
April 20, 2023
Estate Planning
What Is the Relationship between Executor and Beneficiaries?
In terms of executor vs. beneficiary rights, there are several differences with regard to what type of authority each one has.
April 18, 2023
Estate Planning
Key Components of an Estate Plan to Tackle First
Having the right legacy plans and documents in place is one of the most important steps aging individuals can take, both to give themselves peace of mind and to avoid the possibility that confusion will make an already challenging situation even worse.
April 14, 2023
Asset Protection
Do I Need a Trust in My Estate Plan for Real Estate?
Trusts are widely used in estate planning, so estates can avoid going through probate and maintain privacy. The terms of the trust ensure the wishes of the property owner are adhered to and their property gets distributed to the proper beneficiaries.
April 13, 2023
Estate Planning
What Should I Ask a Prospective Estate Planning Attorney?
While more than half of Americans believe estate planning is essential, a mere 33% actually have a living trust or will. And one out of three respondents who don’t have a will reason that they don’t think they have sufficient assets to warrant estate planning.
April 7, 2023
Asset Protection
How Should I Handle Memorabilia in My Estate Planning?
Memorabilia collections, by their nature, are specialized and unique. When considering your estate planning, it’s important to think about what you require of your beneficiaries — if you’re not planning on selling your collection — and how you can make that process as easy as possible for your family. What will your spouse or children have to deal with as they dispose of the items?
April 5, 2023
Asset Protection
Do I Need a Will If I’m Leaving Insurance Policy to a Beneficiary?
Estate planning is crucial to leaving your beneficiaries with your possessions as you intend.
April 4, 2023
Advanced Directives
What Documents are in an Estate Plan?
There are frequently asked questions that people have about revocable living trusts, wills, supported decision making agreements (new), powers of attorney and advance health care directives.
March 31, 2023