Don’t Fail to Fund Your Trust
Revocable trusts are a very popular and effective estate-planning tool. However, the trust will be ineffective, if you do not actually place your assets in the trust.
January 29, 2021
Creating a Letter of Last Instruction
A letter of last instruction is a document that outlines funeral planning processes and arrangements. A letter of last instruction should not be confused with a will or testament, which is a legal document that expresses an individual’s wishes on how and to whom their estate should be transferred after their death.
January 26, 2021
Change the Executor of Your Estate
Drafting a last will and testament can help to ensure that your assets are distributed according to your wishes after you pass away. You can also use your will to name a legal guardian for minor children or choose an executor for your estate.
January 25, 2021
Creating a Successful Business Exit Plan
Robert Redford officially bought what was once the Timp Haven Resort (now known as the Sundance Mountain Resort) in 1969. This year, he’s stepped away, selling the resort to Broadreach Capital Partners and Cedar Capital Partners. While we don’t know how much the resort was sold for, the structure of the sale shows how this iconic real estate investor has built a successful exit strategy.
January 14, 2021
A Life Settlement Might Be an Option
A growing number of seniors are facing challenges to achieving financial security in retirement. From rising healthcare costs to the economic turmoil caused by Covid-19, financial stressors are leading even those who thought they saved enough for retirement to look for ways to bolster their income and savings.
January 13, 2021
Pay for Your Debts at Death
If you are concerned about incurring debt after a family member’s death or are worried how your own debt will impact your family, here are some things you should know.
December 30, 2020
Using Trusts in Your Planning is a Smart Move
Done right by a lawyer, your heirs can avoid the expense and time of probating your will and may save on estate taxes, while easing the administration of your affairs while alive and after you have gone.
December 29, 2020
Probate Is Required For A Surviving Spouse
A common misconception is that you do not have to probate a will when your spouse dies.
December 15, 2020
Deciding Between Separate or Joint Trusts
In situations where both spouses want the surviving spouse to inherit all the assets, which is often the case, a joint trust can be far less complicated to set up and maintain than separate trusts, with less headaches for the surviving spouse.
December 14, 2020
Probate can affect Real Estate Transactions
Is it better to transfer the title of the home to us, or to leave it as it is given her age and go through probate?
December 7, 2020