A recent study completed by Transamerica identified that even though retirement can be an exciting time, it is also one that provokes anxiety and fear among those reaching age 65 and beyond.  Many Americans are concerned that retirement will not live up to their expectations or that they won’t have enough assets set aside to […]

Every year the IRS evaluates inflation information to determine whether or not the gift and estate tax thresholds need to be boosted. The estate tax refers to the amount of money a person can have in their estate without triggering federal estate taxes and the gift tax refers to the maximum amount of money you […]

On this episode we discuss problems with trusts.

Drafting a power of attorney is a process often engaged in by someone who wants to protect themselves and potentially their finances or health care decisions if they were to suddenly become incapacitated and unable to make them on their own. However, many power of attorney disputes can occur because someone may argue that you […]

There are so many different myths out there surrounding the process of estate planning that it is often too late after someone realizes that a mistake has been made. You may have experienced a loved one who has passed away and left inadequate estate planning instructions. These can be catastrophic and extremely difficult emotionally for […]

Probate is the term for a legal procedure that is used to settle a decedent’s estate, when they have not taken the appropriate estate planning precautions. It is a process through which the court validates the will if one existed, appoints an administrator if there was no will, or grants authority to the executor if […]

The concept of digital estate planning is becoming more popular in recent years because of the surge of online accounts and online assets that people possess. If your service provider does not have an online tool or if you want to guard against the potential misappropriation of such a tool, you might wish to establish […]

It is never easy to find yourself contemplating your own mortality. However, it can be made much easier by considering how failing to plan could actually cause problems for your loved ones. In the event that you pass away without having a plan clearly articulated for your loved ones, they may be faced with the […]

As the most basic of estate planning documents, most people will benefit from a will. There are a number of different goals that can be accomplished by establishing this tool and it may become the sole component of your estate plan or it may work in conjunction with other tools and strategies. First of all, […]

If you have a relatively simple estate and have already listed someone as a beneficiary on all of your investments and life insurance policies, you may wish to consider consulting with an experienced estate planning attorney for the purposes of avoiding probate. If you have already listed someone as a beneficiary in your investment accounts, […]