Watch Our Estate Planning Masterclass

How to Decide on an Executor?

How to Decide on an Executor?

Have you found an executor (also known as a personal representative) to handle your affairs should you become incapacitated or die?

Minimize Family Feuds about Your Inheritance

Which Trust, Revocable or Irrevocable?

The distribution of wealth among beneficiaries through your final will and testament is often a complex and sensitive issue, one that can potentially spark conflicts and legal challenges among family members.

How Does the IRS Rule on Inherited IRAs Work?

Is a Power of Attorney Really Necessary?

Before the original SECURE Act, IRA owners who died were able to leave their accounts to their children, grandkids, or other non-spouse individual beneficiaries, and heirs could stretch required minimum distributions (RMDs) over their own lifetimes, thus allowing the funds in the accounts to grow tax-free for decades.

Who Should Be Your Executor?

Who Should Be Your Executor?

The person you have placed in charge of your estate under a Will is called a ‘Personal Representative’ or ‘Executor/Executrix.’

Do You Need a Revocable Trust?

Do You Need a Revocable Trust?

One of the most common misconceptions about a last will and testament is that having a will avoids the need for probate court.