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Estate Planning Actions to Consider before 2020 Ends

If you have not already been inundated with invitations to webinars, articles and newsletters regarding estate planning, you should consider doing so before the end of the year, since you undoubtedly will receive these over the next few months.

Posted on: November 6, 2020

How Much Power Does an Executor Have?

There are continuing misconceptions regarding what powers are held by a personal representative and when he can exercise them.

Posted on: November 5, 2020

How to Benefit from a Roth IRA and Social Security

Although Social Security helps millions of seniors stay afloat financially, living on those benefits alone could mean winding up cash-strapped in retirement.

Posted on: November 4, 2020

The Wrong Power of Attorney Could Lead to a Bad Outcome

When do you need your estate plan to ‘go to work’ for you? While you may think the right answer is ‘after I die,’ the actual answer is ‘if I lose the ability to manage my own affairs.’

Posted on: November 3, 2020

How Do You Ask Parents about Estate Planning?

Do you expect your parents to leave you a financial legacy? 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 financial services company HSBC. Perhaps the bigger question, though, is how to even approach this topic with your parents.

Posted on: November 2, 2020

Protect Your Estate with Five Facts

The inheritance you leave could be eaten away by taxes or given to the wrong person. Here are five tips to avoid that.

Posted on: October 30, 2020

How Important Is Avoiding Probate?

Probate is a process to transfer the assets after someone dies. For example, when a homeowner passes, probate allows for the home to be sold or transferred, if necessary, even though the owner is no longer alive to sign a deed.

Posted on: October 29, 2020

What Does an Estate Planning Attorney Actually Do?

Estate planning is crucial, setting up a peace of mind for you, as you enter your senior years. Most people don’t create a will because they are afraid to even think about the possibility of death. It feels like too big of a responsibility.

Posted on: October 28, 2020

How Do I Keep Money in the Family?

If you're single and die in 2020, you can have up to $11.58 million in assets before your heirs have to worry about paying a penny in estate taxes.

Posted on: October 27, 2020

Estate Planning for a Second Marriage and Blended Family

Second (or third or fourth) marriages often require careful balancing between the needs of the surviving spouse and the needs of the children from a previous marriage.

Posted on: October 26, 2020