Here's What Can Happen If You Don't Have an Estate Plan of Your Own, Continued
In this post, we'll continue our discussion of why everyone needs an estate plan. ...
Here's What Can Happen If You Don't Have an Estate Plan of Your Own
We often discuss the benefits of estate planning. However, a discussion of what can happen when a person fails to plan is perhaps a more powerful way to stress the importance of proper planning. Let's...
Protecting a Child's Inheritance
A number of our clients have expressed concern about protecting the inheritances of their children. Sometimes, they worry about the security of a child’s job and what will happen if he or she loses that...
Planning Tips for the New Year, Continued
Here are some additional planning tips to bring you peace of mind in the new year. ...
Planning Tips for the New Year
It’s impossible to predict what the new year has in store for us. However, if you follow some (or all) of these tips, 2020 should bring you greater peace of mind. ...
An Introduction to Special Needs Trusts
For many families with a special needs child, a special needs trust is one of the most important components of the family's overall estate plan. A properly designed and implemented special needs trust...
If There Is No Estate Tax, Do You Still Need an Estate Plan?
The Tax Cuts and Jobs Act, signed by President Trump on December 22, 2017, included provisions that doubled the estate tax exemption. The exemption for 2019 is $11.4 million for individuals and $22.8 million...
How to Avoid Challenges to Wills and Trusts, Continued
Here are several additional ways to prevent disputes over your estate. ...
How to Avoid Challenges to Wills and Trusts
Challenges to wills and trusts are more common than you might think. These disputes can turn very ugly, very quickly. Resentment between family members can last a lifetime, and the financial consequences...
A Will Is a Key Component of Any Estate Plan, but It’s Not Enough, Continued
Another reason a will isn’t enough is that the ownership of many assets transfers outside the will, including life insurance, annuities, retirement accounts like IRAs and 401(k)s, jointly-owned property...