Asset Protection
What’s the Best Way to Mess Up Estate Plan?
Here are the top five mistakes people make that upend their planning.
January 4, 2022
Estate Planning
What to Do with an Inherited IRA?
Some inherited assets are tax-friendly, but under new rules, others come with a hefty tax bill. We help you get the most out of a legacy.
December 30, 2021
Advanced Directives
Estate Planning is Really That Important
Over 50% of our adult population (120 million adults) neither have nor realize the significance of having an up-to-date estate plan to protect themselves and their family’s assets. Mountain Times’ recent article entitled “Do you need an estate plan?” explains that estate and gift planning is a process that can protect you and your family.…
December 21, 2021
Asset Protection
What Estate Planning Does My Child Need at 18?
Picture this…your child is in the hospital, but the on-call doctor won’t talk to you let alone allow you to weigh in on medical decisions. While hospitalized, your child’s bills are going unpaid because you can’t access their accounts—potentially wreaking havoc on their financial credit. Why? Because they’re over the age of 18.
December 20, 2021
Advanced Directives
Who Pays Mortgage When I Pass Away?
One important aspect of estate planning is deciding what will happen to your home after you die. The answer might be fairly cut and dry if the home is fully paid for. If it’s not, though, you’ll need to consider the financial ramifications for your estate and for the person who inherits the home.
December 17, 2021
Alzheimer's Disease
Can My Power of Attorney Change My Will?
Power of attorney is one of the most important legal forms for estate and elder care planning. Along with wills and trust documents, it is a critical document for arranging one’s affairs.
December 16, 2021
Asset Protection
What Can We Learn from Painter Bob Ross’ Business Succession and Estate Planning?
The new, buzzy Netflix documentary on the late, beloved, iconic public broadcasting TV host, painter Bob Ross—“Bob Ross: Happy Accidents, Betrayal and Greed”—documents how the artist’s son, Steve, now 55, was allegedly robbed of his late father’s inheritance by the artist’s business partners.
December 15, 2021
Asset Protection
Will Inheritance to Heir Be a Benefit or Burden?
One of the biggest conundrums of estate planning is considering how, or even if, you can give money or property to your heirs in a manner that will help them.
December 14, 2021
Estate Administration
How Long Is Probate?
Probate is a legal process wherein a court oversees the settlement of an estate after the owner passes.
December 8, 2021
Asset Protection
Can I Protect Savings for My Family From Tax Law Changes?
Under the new Biden administration, the president has made his intentions clear about the potential to change the tax code.
December 7, 2021