Estate Planning
What Should Not Be Included in Will?
In general, a last will and testament is an easy and straightforward way to state who gets what when you die and name a guardian for your minor children.
August 2, 2021
Estate Planning
Can I Be Certain My Estate Plan Is Successful?
Your estate plan is much more likely to be successful, when you recognize and avoid the most common mistakes and take some key actions that often are overlooked.
July 29, 2021
Estate Planning
Aging Parents and Blended Families Create Estate Planning Challenges
We have seen some step siblings able to all get along fine but they seem to be the exception. More likely, one sibling feels divided loyalty to the birth parent, not the step-parent.
July 28, 2021
Estate Planning
How to Prepare for Higher Taxes
President Biden’s proposal to eliminate the step-up for calculating inheritance taxes targets a tactic that has long been a wealth-preservation tool. What are some of the ramifications of the proposal and what, after political wrangling, could be the tax implications for large inherited assets?
July 26, 2021
Estate Planning
Should You Add Someone to Your Bank Account?
I know of someone who was joint account holder with his dad for many years, then later his dad then appointed him as power of attorney. How does that work? Is the son still a joint account holder?
July 16, 2021
Estate Planning
What Is the Required Minimum Distribution for 2021?
Whether you need to take required minimum distributions to live or find them to be a nuisance, here are some tips to make the most of withdrawing these funds.
July 14, 2021
Estate Planning
What are Typical Estate Planning Documents?
If you want loved ones to remember you fondly, tackle your estate planning tasks. Your heirs will thank you for not leaving a legal mess to sort out.
July 12, 2021
Estate Planning
What’s the Right Age to Start Estate Planning?
It may seem like a grim way to spend your free time, but planning your estate when you are young can actually give you the peace of mind you will need to enjoy your golden years in the future.
July 9, 2021
Estate Planning
What Is Probate and How Does It Work?
Probate survives as a procedure originally implemented by the King of England to protect his citizens from themselves and their greed.
July 7, 2021
Estate Planning
Reviewing Estate Plans Matters due to estate law changes
Many of our parents completed their estate plans decades ago. The documents may still be valid. However, if they are stale or outdated, you may spend significant money trying to use them down the road.
July 6, 2021
