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Do I Need More than a Will?

You should be aware of what a will can’t or shouldn’t do.

Posted on: January 6, 2022

Does a TOD Supersede a Trust?

Both help you pass down assets, while avoiding the time and expense of probate. However, one has much more flexibility than the other.

Posted on: January 5, 2022

How Do You Split an Estate in a Blended Family?

Good estate planning must consider more than what you want to happen to your property and for your beneficiaries. It also must consider what you intentionally want to avoid happening.

Posted on: January 4, 2022

Why Naming Beneficiaries Is Important to Your Estate Plan

If you’ve ever spent time working through your estate plan, you know how important it is to select and update your beneficiaries.

Posted on: January 4, 2022

What Taxes Have to Be Paid When Someone Dies?

Tax obligations continue on despite the passing of a loved one, and in some cases, come about because of it. Tax deadlines pose a challenge for grieving families.

Posted on: December 31, 2021

What is the Purpose of an ILIT?

Life insurance is a sophisticated financial product, with as many variations and permutations as there are creative insurance companies (there are many) and creative insurance planners (there are even more).

Posted on: December 30, 2021

Is It Necessary to have a Medical Power of Attorney?

Selecting medical powers of attorney is an important step that aging parents should take to ensure they get the care they wan,t if they are unable to advocate for themselves.

Posted on: December 29, 2021

TOD and POD Accounts: What’s the Difference?

A TOD account allows the account holder to name a beneficiary on a non-retirement financial account to receive assets at the time of the account holder’s death, thereby (generally – i.e., when used correctly) avoiding probate.

Posted on: December 28, 2021

How Do You Gift Your House to Your Children during Your Lifetime?

There are many ways to pass property on to children, including gifting the family home to them while you are still alive, bequeathing it to the children upon your passing, or selling the residence to your heirs.

Posted on: December 28, 2021