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The Risks of Creating Your Own Estate Plan

Even Consumer Reports suggests working with an experienced estate planning attorney to make sure documents are correctly prepared.

Posted on: September 8, 2022

What If Estate Is Beneficiary of an IRA?

It may sound like it makes sense, and it might be easier than picking a person (or two) to name, however there are some serious downsides to naming your estate as the beneficiary for your IRA.

Posted on: September 7, 2022

What Do You Need to Do When a Spouse Dies?

Death, while inevitable, is not often predictable. This can leave many people financially unprepared if their spouse suddenly dies–especially if the deceased was the one that took care of the household balance sheet.

Posted on: September 7, 2022

Who Is the Best Person for Executor?

What do these appointments mean to the person(s) named to act? What happens if they fail or decline to act? Can the planning appoint alternative representatives?

Posted on: September 2, 2022

What’s the Latest with the Queen of Soul’s Estate?

Aretha Franklin’s long-standing $7.8 million debt to the Internal Revenue Service has been paid in full, her estate says in a new court filing.

Posted on: September 1, 2022

Some States Have Tough Estate and Inheritance Taxes

Federal estate taxes are no longer a problem for all but the extremely wealthy. However, several states have their own estate taxes and inheritance taxes that could still hit your heirs.

Posted on: August 31, 2022

How Much Money Can a Well Spouse Keep If Medicaid is Needed?

The intent of the laws and regulations is to allow the community spouse to have enough income and assets, so that he or she has enough income and assets to continue to live at home, whether that be a home, an apartment, or other living place.

Posted on: August 30, 2022

What Happens If Couple Divorce and Own Business?

No one enters a relationship — be it personal or business — thinking it will fail. However, what happens when it does?

Posted on: August 29, 2022

What’s Going on with Marvel Comics Creator Stan Lee’s Estate?

Stan Lee’s estate is one step closer to clearing up a messy legal battle involving accusations of exploitation and elder abuse by the comic book legend’s inner circle, with the settlement of a lawsuit against Lee’s former business manager, Jerardo “Jerry” Olivarez.

Posted on: August 26, 2022

What Happens to Digital Assets After Death?

Regardless of the preferred record-keeping mode, most people have some sort of digital footprint, making it important to know who would have access to your digital assets if you became incapacitated and how those assets would be distributed in the event you pass away.

Posted on: August 25, 2022