Essential Estate Planning Documents every Caregiver Needs
One of the most difficult—and emotional—parts of caregiving can be having discussions about the legal side of aging.
July 31, 2023
Be cautious using Portability in a Second Marriage Estate Plan
The family’s attorney and family office advisors should exercise caution in a marriage in which there are children from a prior marriage or other nonstandard family situations.
July 19, 2023
Only leave Assets to Minor through a Trust
You cannot name a legal minor as a beneficiary. This applies to almost all legal documents, most notably wills and life insurance policies.
July 12, 2023
Review Beneficiary Designations after Life Changes
When was the last time you updated, or even thought about, the beneficiary designations listed on your retirement accounts, life insurance, or annuity contracts? If you don’t remember, it’s time for a review!
June 29, 2023
What is the Purpose of a Blind Trust?
Trusts can be used to hold assets for a beneficiary, and you may hear about them when carrying out estate planning or evaluating strategies to pass investments to heirs.
June 27, 2023
There are Benefits to Creating A Life Estate
A life estate is a form of property ownership that splits control and ownership of a property. The person who creates the life estate for their home and assets is known as the life tenant. Though the tenant retains control of the property, they share ownership during their lifetime with the remainderman, a legal term referring to the estate’s heir.
June 20, 2023
You need to make a Plan for Digital Assets
Your digital life includes dozens of usernames and passwords. Providing a digital estate plan can help your family deal with your accounts with minimal fuss.
June 14, 2023
Estate Plans Require Preparation for Success
One major misconception is we simply can tell loved ones what we want to happen for the purposes of health or property distribution and family members can ensure that those wishes are followed.
June 13, 2023
Name a Successor Executor to avoid Problems
When someone passes away, it’s up to their executor to handle the probate process. However, what happens if the executor of a will dies?
June 12, 2023
Who is Authorized to Amend a Trust?
The conditions for amending a trust, including who has the authority, is usually set out in the document.
June 7, 2023