Meaningful and Impactful Gifting
Your estate plan is more than just a stack of signed legal documents: it’s a powerful tool for shaping your family’s future. By thoughtfully designating your assets, you can provide for needs, support dreams, and…
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Is Your Estate Plan Up To Date?
Estate plans need to be carefully reviewed and updated at least every 3-5 years, and more frequently if life is bringing changes. For example, do the people you designated for key roles like power of…
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Prized Possessions and Estate Plans
With good reason, major assets, like bank and investment accounts, as well as real estate, tend to get lots of attention during estate planning, but it’s wise to think about accumulated personal possessions too….
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IRA Trust?
As the name implies, an IRA trust is an estate planning option for individuals who have saved money through a company sponsored retirement plan. For lots of people, retirement plan assets are among the most…
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Understanding Trustee Responsibilities
When setting up a trust as part of an estate plan, do not underestimate the responsibilities that will fall to the trustee designated to administer the trust. Serving as a trustee is not an…
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Is a Life Estate A Good Idea?
A life estate is an estate planning tactic that allows real estate to bypass the public process of probate. Essentially, the real estate is gifted directly to a “remainderman” after the “life tenant” dies….
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Safety Net for Older Age?
The possibility of living a longer life than previous generations makes it more important than ever to thoughtfully map out care and financial plans and scenarios. In fact, estate planning now goes way beyond…
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Procrastinating? Estate Plan Motivation
Reducing worry, protecting loved ones, being prepared in case of our own incapacity…All of these are good reasons to make an estate plan when life is going well. Still, however, most of us procrastinate. Here…
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Why Do Wills Go Through Probate?
Unlike the assets placed in a trust, the assets left to beneficiaries in a will must pass through the public process of probate before being distributed. Although the expediency and privacy trusts allow can…
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