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When Should I Begin Estate Planning for the Farm?

Far too many people wait to plan until they are in their 70s. Unfortunately, not all of them make it to age 70, and not having a plan can create a lot of unnecessary tension.

Posted on: April 11, 2023

Should You Give Your Children an Inheritance Now?

Retirees should secure themselves first, and if you’re all set there, then consider a few other things, such as the impact on the children and tax issues.

Posted on: April 6, 2023

Transferring Real Estate to Children

For many parents, transferring real estate to their children is an important part of their estate planning process. There are several ways that parents can do this, each with its own advantages and disadvantages.

Posted on: April 4, 2023

Think Strategically when Creating Estate Plan

Crafting a carefully considered estate plan can ensure that asset distribution aligns with both your intended legacy and your beneficiaries’ needs.

Posted on: March 30, 2023

Why Do I Need a Will?

Just under half of Americans have a will, according to data from Gallup. J.P. Morgan Wealth Management data suggests that this number may even be lower, especially among Black and Hispanic investors.

Posted on: March 28, 2023

What Makes Americans Worry about Estate Planning?

One-quarter of Americans said inflation has caused them to think about estate planning, the survey said. Two out of three Americans said they don’t have any kind of estate planning documents.

Posted on: March 27, 2023

Do I Need a Will If I’m Leaving Insurance Policy to a Beneficiary?

Estate planning is crucial to leaving your beneficiaries with your possessions as you intend.

Posted on: March 24, 2023

What Should I Ask a Prospective Estate Planning Attorney?

While more than half of Americans believe estate planning is essential, a mere 33% actually have a living trust or will. And one out of three respondents who don’t have a will reason that they don’t think they have sufficient assets to warrant estate planning.

Posted on: March 23, 2023

Do Family Secrets Hurt Estate Planning?

A study by the financial services research firm reveals just how big a problem family secrets can be, as reported in Financial Advisor’s recent article “Family Wealth Transfers Undermined by Secrecy.” Most asset holders plan to share their wishes and intentions with family members before they die. However, the research reveals only about half actually…

Posted on: March 22, 2023

Probate: What Is it? How Does it Work?

In certain instances, particularly when there is no Will, the system ensures that all accounts and property are distributed in accordance with state law.

Posted on: March 21, 2023