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What Is a Marital Trust?

If you’re married, you may be wondering what happens to your assets once you or your spouse passes. The answer to that question depends on various factors, including whether or not you have a marital trust.

Posted on: July 26, 2022

Can Estate Planning Reduce Taxes?

Upstream basis planning is a trust strategy that can save wealthy people on their capital gains taxes and income taxes associated with highly appreciated assets.

Posted on: July 26, 2022

What Does a Blended Family Need to Know about Finances?

When combining finances as a new family, there’s lots to consider. To make the best choices, here are six key areas to plan ahead and consider.

Posted on: July 22, 2022

What Is Power of Attorney and Is It Important?

Of all of the essential estate planning documents, the durable general power of attorney is usually the document that is needed first.

Posted on: July 21, 2022

What’s Involved with Being a Trustee?

Being a trustee is difficult but adopting these four best practices employed by professional trustees will go a long way to ensure that you’ll effectively execute your duties and mitigate your liability.

Posted on: July 21, 2022

Understanding the Issues of Elder Law

The three main areas of focus for elder law attorneys include health care, estate and tax planning and guardianship matters.

Posted on: July 18, 2022

Do You Want to Be an Executor?

Only you know your capacity and willingness to serve, or the degree of need expressed by the person asking you. However, it should help to know first that if you do decide to accept, there can be help out there and second there are standard procedures and practices you can follow.

Posted on: July 14, 2022

What Happens to Investment Accounts when Someone Dies?

What investment powers does a personal representative in a probate or a trustee in a trust administration have to manage the decedent’s assets?

Posted on: July 12, 2022

What Is a TOD Beneficiary?

The primary advantage of naming TOD beneficiaries for your accounts is that it can make the inheritance process much simpler, faster and less expensive.

Posted on: July 11, 2022

How to Know If a Last Will Is Invalid

When considering whether to contest a decedent’s Last Will and Testament, an individual should consider whether red flags might be present which may point to a successful basis to challenge a disputed Will.

Posted on: July 8, 2022