What Is Fair in a Second Marriage and Estate Planning?
If you are planning to take another walk down the aisle, it is critical to take the time to review and revise your estate plan, especially if meaningful assets and debts are being brought into the marriage.
What Paperwork Is Needed after Someone Dies?
While the tasks of dealing with an estate after someone passes may be simple administration, the work associated with it is often quite complicated.
How Does Home Ownership Transfer after a Parent Dies?
My father passed away recently. How do we remove his name from the title to the home? Can we record a death certificate or have mom sign a new deed?
Trusts can Work for ‘Regular’ People
When you hear the word trust fund, you might think of the uber-wealthy giving their kids a big chunk of cash on their 25th birthday. However, trust funds aren’t just for the rich.
How The SECURE Act Changed the Stretch IRA
In the pre-SECURE Act universe, there were designated beneficiaries. These beneficiaries could be individuals (sometimes called named beneficiaries), institutions, such as charities, or estates.
How to Choose Who Should Serve as Executor or Trustee?
In addition to deciding who gets what when you die, you have key roles to fill that deserve thoughtful deliberation as part of the estate-planning process, experts say.
Preparing for an Estate Planning Consultation
While most initial meetings with an estate planning attorney will result in some questions you likely have never considered, there are many ways in which you can prepare for a thoughtful and productive estate planning conference that will result in a better understanding of your goals and more efficient use of time with your attorney.
Not Talking About Estate Planning Can Be An Expensive Mistake
Many baby boomers may hesitate to discuss money with their children, but the reality is that a massive amount of wealth will be transferred in the next couple of decades.
Equal Is Not Always Fair When Considering Inheritance
When you’re planning to divide your estate unequally, explain the reasons to your heirs, and remember: They might be hurt anyway.
Elder Financial Abuse Increases with Social Isolation
The unprecedented quarantines to protect against the spread of the novel coronavirus have made many seniors more vulnerable to financial exploitation.
