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Have Estate Planning Conversations with Aging Parents

Nearly half of working-age Americans assume that they will receive an inheritance that will support them later in life, according to a survey by the financial services company HSBC.

Posted on: April 21, 2021

Why Do I Need a Will?

A will is a legal document, governed by the laws of each state, written to guarantee that your possessions will be left upon your death to the people or organizations you specify.

Posted on: April 20, 2021

What Is Fair in a Second Marriage and Estate Planning?

If you are planning to take another walk down the aisle, it is critical to take the time to review and revise your estate plan, especially if meaningful assets and debts are being brought into the marriage.

Posted on: April 19, 2021

Should a Trust Be Part of My Estate Plan?

What are the advantages of putting assets into a trust?

Posted on: April 16, 2021

What Paperwork Is Needed after Someone Dies?

While the tasks of dealing with an estate after someone passes may be simple administration, the work associated with it is often quite complicated.

Posted on: April 15, 2021

What Qualifies as a Qualified Charitable Distribution?

Qualified Charitable Distributions, which allow Individual Retirement Account holders in their 70s and older to divert some of their federally taxable required distributions to charity while reducing their federally taxable income, are back after a 2020 hiatus.

Posted on: April 14, 2021

Can I Revoke a Power of Attorney?

You don’t actually appoint someone power of attorney (POA). A POA is a document that you execute that allows someone to act on your behalf.

Posted on: April 13, 2021

How Do Special Needs Trusts Work?

Just as you have trust in a relationship, trusting your document and those with responsibilities in the trust are crucial to obtaining your objectives.

Posted on: April 12, 2021

Why Would I Need a Living Trust?

Have you made any plans to distribute your assets and take care of your family, when you die or become incapacitated?

Posted on: April 9, 2021

Remind Me Why I Need a Will

A will is a legal document that allows you to decide what happens with your estate after you passed away. Unfortunately, not all people consider creating one because they think that it’s complicated and just an extra expense.

Posted on: April 8, 2021