Pour-Over Will can be Extremely Valuable in your Estate Plan
This type of will can ensure that your assets go where you want them to. However, there are many misconceptions about them.
July 13, 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
Dying Intestate can leave Family financially Crushed
If you die intestate, this means that you died without a valid will in place.
July 11, 2023
Deeding your House to your Child can Backfire
If a child you’ve added to your deed goes through a divorce, has tax issues, is sued by someone, or must declare bankruptcy, your house could be on the chopping block!
July 3, 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
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
Lack of Will can be Devastating for families
Dying intestate can have unintended consequences for pretty much every family type. However, it is especially painful if there are unmarried partners or stepchildren, who are left out under the law in almost every scenario.
June 6, 2023