The Estate Planning Goal of What To Do with Mom’s House
The executor is responsible for finding a buyer and doing all that is necessary to get the best price possible.
Common Asset Protection Mistakes in Titling Real Property
Unlike personal property, real property–such as real estate or automobiles–is titled to convey ownership.
Elder Law Can Help When an Aging Parent Refuses to Give Up Control
There are plenty of aging parents out there making life difficult for their adult children…
Why is Angelina Jolie Leaving Her Total Estate to Just One of Her Kids?
Angelina Jolie has reportedly laid out the details of her estate, according to Radar Online, revealing that she plans to leave her $116 million-dollar fortune to only one of her six children, her son Maddox.
Gifts During Lifetime Has Advantages
You probably give to others each year, such as for birthdays and Christmas gifts. Gifting can be done for other reasons, including during life or as bequests at death. The reasons for doing so could be to accomplish nontax or tax goals.
What If I Give Unequal Inheritances to My Kids?
Most of us would like to be remembered for who we were, not what we had. If you have any assets that you’ve accumulated during your lifetime that you plan to leave behind, it’s on you to figure out who gets what.
When Do I Need a Revocable Trust?
The Last Will and Testament plays an essential role in estate planning and without question everybody should have one.
What Are the Biggest Threats to Estate Planning?
For the second consecutive year, family conflict was identified as the leading threat to estate planning.
Why Should I Create a Trust If I’m Not Rich?
The perception is that trusts are for the very wealthy and that they cost a ton of money to set up. The reality is a trust can be a fantastic tool for the average person or couple, because it simplifies things in the event of your death.
Should I Put My Firearms in a “Gun Trust”?
Make a mistake when inheriting an IRA and you might face tax consequences. Make a mistake when inheriting a gun collection, and there's a chance you could face felony charges. Therefore, anyone who owns a gun, may want to consider adding a gun trust to their estate plan.