Godparents Lack Legal Rights Unless Named as Guardians
Godparents provide spiritual guidance and mentorship to your children. However, they can only legally care for your kids if you name them guardians for minor children.
August 21, 2024
The Estate of The Union Season 3|Episode 8 is out now!
The Estate of The Union Season 3|Episode 8 is out now! We all accumulate stuff as we go through life. When someone dies, what to
August 19, 2024
Sometimes, a Professional Trustee is a Good Idea
There are options for people who don’t have family—or don’t want their family—to handle their affairs.
July 18, 2024
Should You Tell Beneficiaries Their Inheritance?
This article discusses some of the advantages and strategic considerations of sharing estate planning details with the next generation, while recognizing that transparency is not a fix-all solution and may, in some cases, cause or exacerbate existing disagreements.
July 16, 2024
Understanding Your Options and Responsibilities when Inheriting a House
Inheriting a house? Learn the legal considerations and your options to ensure a smooth inheritance process.
June 4, 2024
Avoiding Trouble with Your Trustee
Trusts are a smart and well-known estate planning tool that names or appoints a trustee to administer and distribute the assets according to the terms. However, how often do estate owners ask, “What if something goes wrong, and the trustee breaches their duties?”
April 25, 2024
When and How to get Letters of Testamentary
A letter of testamentary is created by the probate court for the executor or personal administrator of an estate.
February 12, 2024
A QPRT is a unique financial tool
A Qualified Personal Residence Trust (QPRT) is a unique financial tool used in estate planning to reduce the potential estate tax liability by transferring a principal residence or vacation home into a trust. As an irrevocable type of trust, a QPRT allows the grantor to remain in the home for a predetermined term of years, making it a strategic choice for those looking to manage their estate tax effectively. Learn more about QPRTs. In the realm of estate planning, QPRTs serve…
January 31, 2024
Credit Card Debt must be Paid after Death
It’s a morbid yet common worry: What happens to credit card debt when you die?
December 7, 2023
How Does an Inheritance Trust Work?
Inheritance trusts take on critical importance in wealth management, particularly for multi-generational families.
October 30, 2023