Estate Planning Documents to Update When Getting a Divorce BY PATTI SPENCER REVIEWED BY MARGUERITA CHENG Updated April 27, 2021 Estate Planning Documents to Update When Getting a Divorce. If you are considering divorce or beginning the process of getting…
Revocable vs. Irrevocable Living Trusts The goals behind your trust will help you choose the type BY JULIE GARBER REVIEWED BY EBONY J. HOWARD Updated June 14, 2021 Trusts come in all shapes and sizes, and many are formed with…
Estate Planning For Special Needs Family Members Estate Planning For Special Needs Family Members. Without proper planning, leaving an inheritance or making a gift to a disabled family member can cause the disabled person to lose their means-based government benefits,…
Power of Attorney What Are My Rights As a Power of Attorney. An important part of lifetime planning is the power of attorney. A power of attorney is accepted in all states, but the rules and requirements differ from state…
What Exactly Does it Mean to Fund a Trust? BY JULIE GARBER REVIEWED BY EBONY J. HOWARD Updated March 15, 2021 Funding a trust is the process of transferring your assets to the ownership of your trust. Once ownership is…
Bequeathing And Inheriting Guns: What To Do With Firearms When Someone Dies Bequeathing And Inheriting Guns: What To Do With Firearms When Someone Dies. Map out a smooth transition because it can get complicated.When you die, your assets go to…
7 Tips for Choosing the Right Executor What traits make for a good executor, and who by default is unable to serve? by: Daniel A. Timins, Esq., CFP® August 8, 2017 Choosing the Right Executor. It’s an important question: Who can…
Philip Seymour Hoffman’s $12 Million Estate Planning Mistake A few moves could have saved the loved ones of actor Philip Seymour Hoffman a lot of money. Even if you don’t have a $35 million estate, like Hoffman’s, there are some…
IRS’ “Dirty Dozen” By Jill Roamer, J.D., CIPP/US Elder Law Each year, the Internal Revenue Service (IRS) puts out their “dirty dozen” list. This is a list of scams that are prevalent that the IRS wants everyone to watch out for.…
Remarried With Children? 5 Estate Planning Mistakes to Avoid Couples on their second marriages need to plan carefully for each other and their kids by John Waggoner, AARP, July 9, 2021 Estate Planning for Blended Families. A second marriage can be…