What Is a ‘Survivorship’ Period?
Survivorship periods don’t usually surpass 60 days. If this period surpasses 120 days, it could put the tax-free estate transfer of assets to a surviving spouse at risk.
Why Gifting during Volatile Markets Makes Sense
The recent decline in asset values may make gifting a more attractive estate planning technique for many individuals, especially if you are considering gifts of stock or other non-cash assets.
Your Spouse Just Died … is Probate Needed?
In many relationships, it’s common for one spouse to play money manager and the other to take a more passive role. This, however, can lead to major complications, when the financially dominant partner dies first.
Your Estate Plan Decides or the State Decides
By planning in advance, you have the say as to who receives which assets. The people you care about are more apt to receive your property.
Elder Law Estate Planning for the Future
You make things easier for the children, by planning for the possibility of a nursing home stay because you take the burden off the children to make crisis decisions for your long-term care costs.
A Trust Can Protect Kids from Too Much, Too Fast, Too Soon
Should inheritance be spent on sports cars and jewelry?
Forgot to Update Your Beneficiary Designations? Your Ex Will be Delighted
You may be surprised at how easy it is to make an expensive mistake with your beneficiary designations.
What is the Best Way to Leave an Inheritance to a Grandchild?
While everyone from brand new parents to great grandparents can benefit from the advice of a competent estate planning lawyer, frequently the individuals making sure that their affairs are in order, are those in their golden years. They have a common concern: what about their grandbabies?
Smart Women Protect Themselves with Estate Planning
Since women live approximately 4.9 more years than men, it is critical for both single and married women, regardless of age, to take estate planning seriously.
Does Anyone Really Need a Trust?
The simplest definition of a trust is a three-party fiduciary relationship between the person who created the trust and the fiduciary for the benefit of a third party. The person who created the trust is known as the “Settlor” or “Trustor.” The fiduciary, known as the “Trustee,” is the person or organization with the authority…