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Do I Need a Life Insurance Trust?

Created to own and control a life insurance policy or policies while the insured is alive, Irrevocable Life Insurance Trusts (ILITs) are tools that are sometimes recommended by estate and planners.

Posted on: March 2, 2023

Busting Some Estate Planning Myths

While thinking about legacy planning can be unpleasant because it involves discussions about incapacity or mortality, it's an important aspect of good financial planning that shouldn't be ignored.

Posted on: February 28, 2023

Female caregiver attending to elderly woman

How Does Estate Planning Work for Caregiving Children?

A not uncommon estate planning scenario is an elderly parent who lives with an adult child, either at the parent(s)’s home or at the child’s home.

Posted on: February 27, 2023

Can a Revocable Trust Protect Assets from Creditors?

With a revocable trust, you are typically both the founder and the trustee. This means that you both create the trust and manage its assets and operations.

Posted on: February 22, 2023

Do You Need a Revocable or an Irrevocable Trust?

Trusts are excellent vehicles for probate avoidance, ease of transition of funds to one’s beneficiaries upon death, asset protection planning and estate tax planning.

Posted on: February 21, 2023

You Need a Digital Estate Plan

For most people, pretty much everything they owned could be held, sorted and doled out by their estate lawyer. Today, that’s far less true.

Posted on: February 20, 2023

Who Inherits TV Broadcaster Barbara Walters' Estate?

Walters’s estate will be inherited by her family.

Posted on: February 17, 2023

What You Need to Know About Inheritance

Heirs receiving an inheritance can expect the process to take time. Having a plan for the money and consulting with professionals are also things to keep in mind.

Posted on: February 16, 2023

Will living will medical power of attorney durable power of attorney

Does Will Have an Expiration Date?

If I have a current will that is about seven to 10 years old, do I have to write up a new will or can I edit the current will?

Posted on: February 15, 2023

What Is Inheritance Theft?

Receiving an inheritance could provide an unexpected (or anticipated) financial windfall. There’s just one thing you may have to contend with – people attempting to steal what you’ve inherited.

Posted on: February 14, 2023