Your Estate Plan can include Grandchildren
Children and grandchildren motivate us to think about a will and life insurance. However, it is problematic to name minor children as beneficiaries.
March 21, 2022
Do You Need an Attorney for Probate?
A competent elder law or estate attorney can discuss and use, where appropriate, such provisions as the family exemption, benefits to prepaying inheritance tax, even where the tax return is not yet complete and a listing of itemized deductions.
March 10, 2022
Why You should review Estate Planning
Your estate planning is done, but is it? A periodic review is an important ongoing step to your planning.
March 9, 2022
Debt doesn’t Disappear when Someone Dies
Adult children typically don’t have to pay their parents’ bills. However, there are exceptions. Even when a child doesn’t have to pay directly, debt could reduce what they inherit.
March 4, 2022
A Trust provides more flexibility than a Will
Trusts are often associated with the rich, but the uber-wealthy are not the only people who can benefit from using trusts. There is no minimum asset level or net worth required to set up a trust, and you can put any amount of money into a trust.
March 2, 2022
Options to give Assets to Minor Grandchildren
You have many options to make sure your wishes are followed after you die.
February 28, 2022
Carefully consider which Assets to place in Trust
A revocable living trust is a great tool to help your assets pass smoothly to your beneficiaries and it can significantly reduce the headaches of probate.
February 18, 2022
Letter of Instruction is Resource for Executors
Executors can use additional information in administering estates, especially if the executor is unrelated to the decedent.
February 14, 2022
Storing Passwords in Case of Death
Deborah Placet had no idea how to access her husband’s cryptocurrency and other digital accounts after his unexpected death at age 52.
February 11, 2022
How Do I Conduct an Estate Sale?
Preparing for an estate sale can be a difficult and emotionally challenging task.
February 9, 2022