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What Happens When Property Is Owned Jointly and an Owner Dies?

Various types of property, such as bank accounts and real estate, can be owned jointly with another person(s).

Posted on: January 27, 2023

Some Expenses are Paid by Estate and Some by Beneficiary

If you’re set to inherit, you may be wondering what estate expenses are paid by the beneficiary. The answer can depend on what assets are passed on to you when a family member or loved one passes away.

Posted on: January 26, 2023

These Celebrities Didn’t have Wills…But You Should

When the rapper Coolio died in September, he joined a group of notables that includes Prince, Howard Hughes and Pablo Picasso—all of whom died without specifying who should inherit their money and estate.

Posted on: January 25, 2023

Can I Protect My Family after Death?

The future is uncertain. However, you can ensure that your family and loved ones are taken care of with estate planning. Estate planning is a critical component of financial planning for the future.

Posted on: January 24, 2023

How Does My Co-op Fit into My Estate Planning?

In most cases, a co-op board has enormous latitude to approve or deny the transfer of a unit’s shares and proprietary lease.

Posted on: January 23, 2023

How to Use Qualified Charitable Distributions in Estate Planning

A qualified charitable distribution is a direct transfer of traditional IRA funds to a qualified charity.

Posted on: January 20, 2023

How Does Guardianship Work?

If you haven't had any experience with guardianship for adults with dementia, it's likely you don't understand just how complex it is. You are not alone.

Posted on: January 19, 2023

Beneficiary Mistakes to Avoid

Before making a decision on a beneficiary, it's very important to check your state laws. Some states have different rules on who you can name as a beneficiary.

Posted on: January 18, 2023

How Does a Trust Work?

There’s no single path for everyone to follow. However, you might consider establishing a trust, which offers some key benefits.

Posted on: January 17, 2023

High Interest Rates Have an Impact on Estate Planning

When the 7520 rate is low—as it has been for 15 years—opportunities for good planning abound. However, what about when the rate is high? Few estate planners have needed to ask themselves that question until very recently.

Posted on: January 16, 2023