Estate Planning
Write a Letter of Instruction for Loved Ones
Executors can use additional information in administering estates, especially if the executor is unrelated to the decedent.
February 16, 2022
Estate Planning
What Legal Terms in Estate Planning do Non-Lawyers Need to Know?
For most people, entering the realm of estate planning can feel a bit like traveling as a tourist into another culture. Because the language itself is unfamiliar, asking a question can result in an answer that is equally confusing.
February 14, 2022
Estate Planning
What are the Most Common Estate Planning Mistakes?
With apologies to poet Robert Burns, the best-laid estate plans of women and men sometimes go awry.
February 11, 2022
Estate Planning
What’s the Difference between Probate Assets and Non-Probate Assets?
Non-probate assets are those assets which do not go into an estate when the owner dies.
February 9, 2022
Estate Planning
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 7, 2022
Estate Planning
Update on Transfer Taxes for 2022
Despite the various proposals to lower federal transfer tax (estate, gift and GST taxes) exemptions and increase the tax rates, none of them were enacted in 2021.
February 4, 2022
Estate Planning
What’s the First Step in Estate Planning?
For young professionals finding their way in the world and just beginning the journey of building wealth, death can seem like a far-off abstraction. However, the cold reality is that no one ever knows what’s around the corner — health problems and freak accidents can happen at virtually any time.
February 3, 2022
Estate Planning
When Do I Need to Review Will?
Whether you drew up a will recently or years ago, keep in mind it’s generally not something you can set and forget.
February 1, 2022
Estate Planning
Can a Pet Trust Be Created to Protect a Pet?
Based on a recent survey by the American Pet Products Association, as of 2020, 70% of households in the U.S. have pets—about 90.5 million households.
January 31, 2022
Estate Planning
What are Biggest Blunders in Wealth Transfer?
We are approaching the biggest wealth transfer ever, as Baby Boomers prepare to hand off their life savings to their heirs. However, will their heirs actually get the full amount of the wealth intended for them…or will a large amount be lost to unnecessary taxes?
January 28, 2022
