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Reviewing Your Estate Plan Protects Goals, Family

Most people wish to have more control over who and how their assets are managed than what the state laws provide, and so they draft documents that can override the Laws of Intestacy, when those laws do not match their objectives.

Posted on: October 20, 2020

Can an Inheritance Lead to Trouble for Marriages?

Most states recognize inheritances as separate property, and many experts say keeping them separate is often the best approach.

Posted on: October 19, 2020

Consider Funding a Trust with Life Insurance

Estate planning is all about ensuring that your wishes are met after your death. All estate plans should include a will and powers of attorney. However, in many cases, a trust has additional benefits beyond what can be accomplished with the will and powers of attorney.

Posted on: October 16, 2020

Avoid Estate Planning Mistakes

These all-too-common misconceptions can steer your estate plans in the wrong direction right from the start. Here’s how to overcome them and tips to build the right plan for your family.

Posted on: October 15, 2020

Protecting Inheritance from the Taxman

Received an inheritance of cash, investments, or property? Here are four ways that can help you keep it from being swallowed up by taxes.

Posted on: October 14, 2020

What’s Involved in the Probate Process?

The probate process refers to court proceedings that you have to go through when a loved one passes on, and they have left an asset in their name.

Posted on: October 13, 2020

Make Your Nest Egg Last When Retiring Early

Retiring ahead of schedule may seem like a dream, but it is doable with the proper planning. Depending on when you were born, the normal retirement age is currently 66 or 67. If you’re planning to retire five, 10, or even 15 years early, one of the most important things to consider is how to make your savings last for the long haul.

Posted on: October 12, 2020

How to Choose a Trustee

Only you know the strengths and weaknesses of your family members, putting you in the best position to decide if your spouse or your child can appreciate a trustee’s responsibilities.

Posted on: October 9, 2020

Can I Revoke a Power of Attorney?

Cindy, a widow in her early 60s, was undergoing physical therapy for an injury to her foot, making it difficult for her to get around. In addition, she was suffering depression brought on by the immobility and pain, resulting in her neglecting to pay bills and taking care of other financial affairs.

Posted on: October 8, 2020