Estate Planning
What Should Not Be Included in Trust?
A revocable living trust is a great tool to help your assets pass smoothly to your beneficiaries and it can significantly reduce the headaches of probate.
March 2, 2022
Estate Planning
Write a Letter of Instruction for Loved Ones
Executors can use additional information in administering estates, especially if the executor is unrelated to the decedent.
March 1, 2022
Asset Protection
How to Avoid Giving Estate to Your Ex
State laws generally make it so that once a married couple is divorced, ex-spouses lose all property rights.
February 25, 2022
Estate Administration
How Do I Conduct an Estate Sale?
Preparing for an estate sale can be a difficult and emotionally challenging task.
February 24, 2022
Estate Planning
What Is the HEMS Standard?
The ‘HEMS’ (health, education, maintenance, support) standard in estate planning is used to guide trustees in how/when they should release funds to a beneficiary.
February 22, 2022
Estate Planning
What Happens to IRAs and 401(k) when Spouse Dies?
The rise in the stock market over the past several years, teamed with the passage of the SECURE Act two years ago and the scheduled 50% reduction in the size of the federal estate tax exemption four years from now, has resulted in a renewed interest in estate planning for IRA and 401k accounts owned by married couples.
February 18, 2022
Estate Planning
Can a Trust Be Created to Protect a Pet?
Based on a recent survey by the American Pet Products Association, 2023-2024, 66% of households in the U.S. have pets—about 86.9 million households.
February 17, 2022
Asset Protection
Will Moving to a New State Impact My Estate Planning?
However, if you are retired and no longer generating employment income, you should make sure you weigh the financial implications of any potential move.
February 15, 2022
Estate Administration
Should I Place My Home in a Trust?
Part of being a responsible homeowner is having a proper estate plan in place. After all, considering the home is generally the largest asset most people own, it’s prudent to ensure this asset is passed to the people you wish to leave it to.
February 14, 2022
Asset Protection
What are the Negatives of Investing in Cryptocurrency?
What happens when all of a corpse’s money is in his cold wallet?
February 11, 2022