Should I Name a Minor as an IRA Beneficiary?
IRAs provide better opportunities for long-term growth than other assets you could leave to a minor.
What Should I Know About Joint Tenancy?
Joint tenancy is an arrangement that allows beneficiaries to access your account, without having to go to court.
Can I Protect an Inheritance During Marriage?
An issue that frequently arises is the treatment of an inheritance received by a spouse during the marriage. The basic rule is that any property received via gift or inheritance during the marriage is exempt from equitable distribution.
Do I Need a Beneficiary for my Checking Account?
Checking accounts don't necessarily require account holders to name a beneficiary.
How Can Beneficiary Designations Wreck My Estate Plan?
Beneficiary designations are a crucial part of estate planning, yet they are often overlooked. Once you have signed your estate planning documents, you need to make sure that your beneficiary designations are consistent with the rest of your estate plan.
How Does the IRS Know if I Make Gifts To My Grandchildren?
Federal and state tax authorities have no direct way of knowing how much is being gifted. The system relies on taxpayers self-reporting gifts.
How Do I Set Up a Living Trust?
Setting up a living trust is largely the same, regardless of where you live in the U.S.
When Do I Need a Power of Attorney?
In the absence of a durable power of attorney, who has the right to sign for an incapacitated person?
What Does a Probate Attorney Really Do?
A probate lawyer can provide a variety of services to you, if you’re struggling to deal with matters related to your loved one’s estate.
Are You Considering the Impact of Your Estate Plan on your Heirs?
Unless you take your heirs' wishes, taxes and interests into consideration in your plans, you could be committing some serious unforced errors with your estate.