Do I Need A Trust If I Have A Will?
Do I Need A Trust If I Have A Will? Kristin McKenna Senior Contributor A will and a trust are two different estate planning tools. Consider a will like a high-level set of instructions to be used after you pass…
Inherited IRAs Require Careful Handling
One wrong decision can lead to expensive consequences, and good luck trying to persuade the IRS to give you a do-over.
How to Keep Your Estate Plans Private.
How to Keep Your Estate Plans Private. Did you know that having a Will does not mean that it will not become public record? In fact, in the state of Florida, Wills are still subject to probate and all of the…
Trusts, Wills, and Estate Planning: Facts You Should Know
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
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…
Is Your Estate Plan Like an Easter Egg Hunt?
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…
Celebrity Deaths in 2020 — Six Estate Planning Lessons We Can Learn
Celebrity Deaths in 2020 -- Six Estate Planning Lessons We Can Learn As estate planners, we are often shocked to learn about wealthy celebrities who pass away without a will or trust. These wealthy celebrities had the financial resources…
Does Living Trust Help with Probate and Inheritance Taxes?
I was told that unlike wills, a trust doesn’t require probate and is not taxable. My main asset is a house that I want to pass on to my son. Would a living trust help?
Get Estate Plan in Order, If Spouse Is Dying from a Terminal Illness
Planning for the death of a spouse is difficult and painful. It involves conversations that we don’t want to have.
Do We Need Estate Planning?
Everyone, regardless of financial status or age, can benefit from having an estate plan—assuming you have assets to leave and people to leave them to.