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I’ve Avoided Probate, But Have I Missed Anything Else?

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Avoiding probate has many different factors that could lead you to search out services and opportunities to avoid this process. However, it’s not the magic answer that addresses every problem that could show up after you pass away. These common misconceptions could make it more difficult for your loved ones in the future. First of […]

How Does a Payable on Death Bank Account Work?

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There are many different ways that you can protect your interests and money and keep it outside of probate. In order to do this, it is your responsibility to consider the benefits of a payable on death bank account.  You will need to notify your bank about who you intend to inherit the money inside […]

Splitting Up Assets for Your Children: Considering Special Needs

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There are many different circumstances that might prompt you to consider whether leaving an unequal estate plan to your children is recommended. Every family has different dynamics that must come into account when contemplating how to proceed with estate planning.  If you have a child with special needs, this should prompt you to schedule a […]

Organize Your Assets Before Tackling Estate Planning

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If you’re like most people, you’ve got a long list of things you want to accomplish in 2020. Some of these are ongoing tasks and others involve sitting down and knocking out one big project. If estate planning and writing your will fall somewhere on your list, one of the most important things you can […]

How Is the SECURE Act Really Going to Change the Scope of Estate Planning?

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The SECURE Act is designed to help address many of the current issues related to retirement in the united states. This could have significant implications for your current estate plans. From a taxpayer’s perspective, there is both pros and cons associated with the Setting Every Community Up for Retirement Enhancement Act of 2019.  More employees […]

Does A Young Family Really Need Estate Planning?

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The first time that most people approach the subject of creating an estate plan is when they have some sort of a family member that might be relying on them financially. The most common situations for this include a spouse or a new child. A young married couple with a new born baby might recognize […]

Have You Put Elder Law Planning Off?

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It’s very easy to find other things to focus on in today’s modern life. Furthermore, it’s harder to fit elder law estate planning into your overall schedule because it feels too far off into the future, too complicated or even too final.  Regardless of whatever objection you have about the prospect of doing your elder […]

I’m a Successor Trustee: What Does That Mean?

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Has someone in your family informed you that you’re a successor trustee? Are you thinking you might never be needed in this role because the primary person serving in it intends to stay there for the long haul?  The primary trustee is the person with the first authority to serve in the role of trustee, […]

What You Need to Know About Collecting Inventory of Estate Property

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A personal representative appointed to manage an estate or an executor named in the will by the person who passed away has many different responsibilities in closing out estate administration.  One of these includes giving notice to creditors of the estate and taking a formal inventory of the property inside it. Written notice must be […]

Is There a Capital Gains Tax on My Collection?

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Have you remembered to include a personal collection of items in your estate planning? Whether it’s art, coins, stamps, or something else altogether, you’ll make things much easier for your loved ones and ensure that your collection gift is meaningful.  If your collection has in any way accumulated or appreciated in value and you decide […]

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