SAVINGS TOD Accounts Versus Revocable Trusts – Which Is Better? Both help you pass down assets while avoiding the time and expense of probate, but one comes with a lot more flexibility than the other. by: Tracy Craig, Fellow, ACTEC, AEP®, Emily…
Estate Planning for Millennials. Get on top of your estate planning, so you can get on with your life. If you are a Millennial in your twenties or thirties, you may be wondering why you need an estate plan in…
What is a generation-skipping trust? A generation-skipping trust helps you transfer money and assets to someone who is at least 37.5 years younger than you, while minimizing estate taxes A generation-skipping trust is used to transfer money or other assets…
Is Your Estate Plan Up to Date? It’s generally recommended that you review your will and other end-of-life documents at least every few years, although there can be reasons to do a checkup more often. While the pandemic appears to…
The Forgotten Family Member: Advocating for Pet Trusts Whether as a friendly companion or a fully-fledged family member, pets have become an intrinsic component to many households. According to the American Pet Products Association, 67% of American families own a pet today.…
IS YOUR ESTATE PLAN LIKE AN EASTER EGG HUNT? Every Easter, kids have a blast searching their home, backyard, or church property for small plastic eggs hidden with goodies. This type of scavenger hunt is enjoyable, but it won’t be…
10 Celebrity Estate Planning Mistakes Ashlea Ebeling Senior Contributor 10 Celebrity Estate Planning Mistakes. Just like regular folks, celebrities flub their estate planning, costing their intended heirs money and/or grief. What's different? Bigger dollar amounts and notoriety, mostly. A new…
It's Spring! Time For a Little Spring Cleaning. 12 Instances Where You Should Update Your Documents. 1. You are having your first child. This one should be a no-brainer, and the birth of a first child is usually when people…
Don’t Be Like Johnny Depp, Get a Prenup Kelli B. Grant@KELLIGRANT.MONEY@KELLIGRANT Not having a prenuptial agreement can be a costly mistake — not just for Johnny Depp, but for you as well. Depp, 52, and his wife of just 15…
Estate Documents You’ll Need Beyond A Last Will And Testament Justin Goodbread Forbes Councils Member Nobody likes to talk about it, but death is inevitable for all of us. Therefore, you should count every moment as a blessing. Beyond this,…