Asset Protection
What are the Stages of Probate?
Although most assets in your estate may pass through the probate process, other assets may not. It often depends on the type of asset or how an asset is titled.
April 15, 2021
Estate Planning
Is it Better to Have a Living Will or a Living Trust?
Whether you need a living will vs. living trust as part of your estate plan depends on your overall financial situation and goals. However, it’s helpful to consider the advantages of including one or both in your planning efforts.
April 5, 2021
Advanced Directives
Should Inherited Money Be Equally Split Between Family Members
When you’re planning to divide your estate unequally, explain the reasons to your heirs, and remember: They might be hurt anyway.
April 2, 2021
Elder Law
What’s a Living Will?
A living will is a legal document that allows you to specify the kind of care you’d like to receive in end-of-life situations. This is different from an advance healthcare directive, though either one can be an important part of an estate plan.
April 1, 2021
Estate Planning
Estate Planning for a Blended Family
If you’re in a blended family, you’re already aware of the emotional and financial issues involved in your daily life. However, what about the future?
March 31, 2021
Asset Protection
If I Move to a New State, Do I Need to Update My Estate Plan?
While legally you may not need all-new estate planning documents if you move to a different state, you should have your documents reviewed by a local attorney in your new home.
March 30, 2021
Asset Protection
Should I Name a Trust as Beneficiary of My IRA?
It’s generally a bad idea to name a trust as beneficiary of your IRA.
March 25, 2021
Estate Administration
How Do You Handle Probate?
Although there is considerable legal information and misinformation, it is generally understood that a last will and testament is the device used to distribute property after death. However, the why, how and when are less familiar.
March 23, 2021
Estate Administration
Should I Use a Living Trust in Estate Planning?
I understand that most people don’t need a living trust because probate is simple in the state, but can having a living trust save you time or money?
March 17, 2021
Charitable Planning
How Do I Use a Charitable Remainder Trust with a Large IRA?
Charitable remainder trusts give you more options and more control on how your heirs inherit, now that the “stretch” IRA is a thing of the past.
March 16, 2021