If you decide to leave assets in a trust for your beneficiaries, consider your designation of trustee carefully. The most important person in the trust framework is the trustee, the one responsible for managing trust assets.
What happens when a decedent’s will or trust does not provide for a decedent’s child?
To ensure your estate is settled in the way you want, it’s wise to do a bit of extra planning to keep your documents up to date.
Although there is often a progression of complexity in estate planning, this progression generally follows stages in life rather than specific ages.
Second honeymoons are definitely romantic. A third is even more so, unless maybe if each was with a different person. Nothing wrong with that, but it is a game-changer. The will or agreement you wrote 20 years ago, which maybe you have misplaced or forgotten, may not reflect your current thinking — or soulmate.
The list of things you need to do after someone dies can seem endless, especially during a time when you are also grieving.
Photographs in the cloud, Facebook and Instagram accounts, bank and other financial accounts, and a host of other accounts and data are at our fingertips on electronic devices.
The period leading up to and shortly after losing a close relative is often one of the most emotionally demanding times that we, as humans, experience.
My aunt recently asked me to be the executor of her will when she dies. I’m flattered that she asked, but I’m not sure what exactly the job entails.
Despite many attempts at repeal over the years, the modern U.S. Estate Tax has been in place since September 8, 1916. Each U.S. citizen and resident alien is entitled to a lifetime exemption from the federal Gift/Estate Tax called the Applicable Exclusion Amount.
