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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

Does My Estate Plan Need an Audit?

Estate planning is the process of transferring the management of your assets, if and when you are unable to manage them yourself due to disability or death. Whether you have $100 or $100 million you should have an estate plan.

Posted on: October 23, 2020

Can a Power of Attorney Protect My Assets as I Get Older?

Many people focus on only protecting their estate from probate. However, in the big picture, probate is the least of their worries.

Posted on: October 22, 2020

Why Everyone Needs an Estate Plan

First, let’s debunk the myth that an estate plan needs to be both elaborate and expensive.

Posted on: October 21, 2020

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