Estate Planning
What Is a Pour-Over Will?
A pour-over will can be an important part of a person’s estate planning checklist.
June 24, 2022
Estate Planning
Adult child: Can I Make Decisions for My 18-Year-Old ‘Kid’ If She Becomes Incapacitated?
Incapacity can occur because of illness or an accident. It can be temporary or permanent. That’s why every adult needs a power of attorney in place, once they turn eighteen.
June 22, 2022
Estate Planning
What Is the Best Way to Leave Money to Children?
Providing for future generations shouldn’t be (overly) taxing. To manage taxes as you pass down your assets, look into UTMAs, 529s, child IRAs and trusts.
June 20, 2022
Estate Planning
What are Benefits of Putting Money into a Trust?
Grantor retained annuity trusts, intentionally defective grantor trusts, spousal lifetime access trusts, oh my! If you overhear two estate planning attorneys at a coffee shop, it would not be unreasonable to think that all clients have estate plans filled with trusts.
June 17, 2022
Estate Planning
What Happens Financially when a Spouse Dies?
When you lose your mate, you lose so much—your best friend, your equilibrium and your future together. Just when you’re at your lowest, it hits you: You could lose a lot of money, too.
June 15, 2022
Estate Planning
Why Is Having a Will Important?
A striking proportion of Americans don’t have one. Nontraditional families are left uniquely vulnerable.
June 13, 2022
Estate Planning
What are the Most Important Estate Planning Documents for Seniors?
When it comes to death and disability, your will alone might not be enough.
June 10, 2022
When Should I Update My Will?
There are some obvious triggers that might prompt you to update your will, such as changes in health or marital status. There are, however, also some not-so-obvious ones to be aware of, according to financial planners and attorneys.
June 9, 2022
Estate Planning
What Does Portability Mean in Estate Planning?
One of the most overlooked and misunderstood tax laws–available to married farming couples–is an opportunity called portability.
June 7, 2022
Estate Planning
The Most Common Estate Planning Mistakes
Some problems can be avoided by proper planning, others by good practices during the estate administration process.
June 6, 2022
