By now, you’ve probably been contributing to your IRA for many years. It’s the nest egg that is going to get you through the best years of your life. But there’s one question you need to ask yourself: is my IRA included in my estate? We don’t want to think …
Read MoreTop 4 Reasons to Avoid Probate
It’s impossible to emphasize how important it is to avoid probate. While some people might think that having a will is enough, the truth is that it simply isn’t. Take this woman’s story, for example. Elaine was married to Rick for ten years and had two children with him. Because …
Read MoreEstate Trust: How to Prevent Financial Abuse
Can you imagine a trusted friend, or even one of your children, taking advantage of your finances as you age? Or, alternatively, does the thought of someone stealing from your aging mother or father sound far-fetched? Sadly, in the estate and trust profession, elder financial abuse is more common than …
Read MoreHow Do You Choose an Executor of a Will?
If you’ve got a will, you’ll need to appoint an executor. Choosing an executor of a will is one of the most important estate planning decisions that you’ll have to make, so it’s best to choose wisely. The right person for the job will not only be a person you …
Read MoreEstate Planning: Does It Matter If You Live Abroad?
In ordinary circumstances, estate planning is a critical step to take when considering how to protect your family and your property. In the event that you pass away, you want to know that your family will get what they deserve; that any business dealings you have will go the way you …
Read MoreEstate Planning Attorney: Without a Will, Who Will Raise My Children?
When you have children, nothing is more important than their well-being. In fact, for parents, creating a future that is secure and full of possibility for your children is practically your sole purpose. So how do you ensure that their future remains stable if you and your spouse die? Hiring …
Read MoreKeeping it in the Family – Probate of a Will
Family-owned businesses are one of the frequent assets probate attorneys see in estate planning and probate of a will. It is wise when you create or adjust your estate plan that you lay out specific instructions if you are a business owner and continue managing the company past retirement age. …
Read MoreCommunication is Key in Estate Planning
The key to successful estate planning is communication from the outset. In planning, most distribute their wealth and assets equally to their heirs. Some, however, opt for unequal distribution. This typically occurs under certain circumstances such as an heir with a disability or an estranged son or daughter. If you …
Read MoreWhy You Should Consider a Pet Trust
For many people, pets are part of the family. So why not treat them that way in your estate planning and create a pet trust? If you truly want your pet to be taken care of in the manner you dictate, then you may want to consider creating a trust …
Read MoreCommon Excuses for Avoiding Estate Planning
Many individuals avoid meeting with an estate planning lawyer for a variety of reasons. Ranging from “I don’t own enough to worry about it” to “I don’t want to think about dying” and everything in between, it is easy for most to continuously put it off. The problem with putting …
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