Trusts, Wills, and Estate Planning: Facts You Should Know BY CARRON ARMSTRONG Updated May 10, 2020 Estate planning conjures images of conniving lawyers and bankers discussing million-dollar trusts for many people, and considering which conditions to place on a bequest…
Why You Might Want to Avoid Probate and How to Do It BY JULIE GARBER REVIEWED BY EBONY J. HOWARD Updated January 20, 2021 Why You Might Want to Avoid Probate and How to Do It. You've probably heard that…
How to Talk to Your Parents About Estate Planning It’s a hard conversation to have but a necessary one BY TERRI WILLIAMS Updated March 25, 2021 Discussing estate planning with your parents is a conversation that can be difficult to…
Settling an Estate: Knowing What to Do and When to Do It When a parent or other loved one dies, you might be facing the responsibility of handling their affairs. Things to take care of range from personal tasks such…
Own a Gun? Careful: You Might Need 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.…
About Asset Protection Plans BY JULIE GARBER REVIEWED BY EBONY J. HOWARD Updated March 18, 2021 With the economy slowly plugging along and credit remaining tight, asset protection is still a hot topic. So what is asset protection, and how can…
What Happens If You Die Without a Last Will and Testament? BY JULIE GARBER REVIEWED BY EBONY J. HOWARD Updated February 14, 2021 What Happens If You Die Without a Last Will and Testament? It is never too early to…
Special Needs Trust Options BY PATTI SPENCER REVIEWED BY EBONY J. HOWARD Updated April 08, 2021 Special Needs Trust Options. A special needs trust (sometimes called a supplemental needs trust), is a trust designed to hold assets for the benefit…
Benefits of Advanced Estate Planning Minimize taxes and protect your assets BY JULIE GARBER Updated November 20, 2019 Advanced estate planning—something more than a simple will or basic living trust—can be critical for people with valuable, taxable estates. It…
What Is Ancillary Probate? BY JULIE GARBER REVIEWED BY EBONY J. HOWARD Updated October 08, 2020 Ancillary probate is an additional, simultaneous probate process that's required when a decedent owned real estate or tangible personal property in another state or…