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What are the Key Documents in Estate Planning?

It can be easy to overlook, but an estate plan is essential for nearly everyone, whether you have a lot of money or just a little. An estate plan tells your heirs and the courts how to divide up your assets. However, it also helps protect your loved ones from unnecessary hassle and expense – as well as potentially months, even years, tied up in the court system settling your estate.

Posted on: October 4, 2021

What Is a Guardianship?

Guardianship is a legal action where the court deems an adult an incapacitated person and appoints someone, the guardian, to make decisions about the care and finances of the individual.

Posted on: October 1, 2021

Choose Wisely and Protect Yourself When Naming a Power of Attorney

Children may have moved away or lost touch. Old contacts may have died or become disabled. You cannot trust everyone and criminal cases based on misuse of a power of attorney do exist.

Posted on: September 30, 2021

Can You Have Bitcoin in IRA?

The cryptocurrency market climbed to more than $2 trillion over the weekend. Investors who want to get in on those gains may want to add those assets to their IRA.

Posted on: September 29, 2021

How to Protect an Estate from a Rotten Son-in-Law

Whatever the reason, whether your life is a bed of roses or a getting-worse-nightmare, there are things you can do now to insure what you leave will go to who you want. And when. And in what portion or portions.

Posted on: September 28, 2021

No Kids? What Happens to My Estate?

So, what happens to your estate if you don’t have a will nor any children?

Posted on: September 28, 2021

Do I Need to Update My Estate Plan?

Even though it is critical for your assets, family and legacy, estate planning tends to fall to the bottom of people’s to-do lists. What new parent wants to draft a will, while finalizing a nursery paint color?

Posted on: September 24, 2021

What Kind of Trust Is Right for You?

Estate planning is a crucial part of any holistic financial plan, and financial advisors often work with estate planning attorneys for guidance in this area.

Posted on: September 23, 2021

Common Estate Planning Mistakes and How to Avoid Them

Even those with the best of intentions can fall into the trap of estate planning misinformation. Estate planning attorneys frequently hear rumors and ill advice disguised as facts.

Posted on: September 22, 2021

States with the Best Tax Rates for Retirees

The Tax Cuts and Jobs Act raised the federal estate tax exemption considerably. Before the tax reform law, it was $5.49 million per person for 2017. It's up to $11.7 million for 2021 ($23.4 million for a married couple).

Posted on: September 21, 2021