One of the most frequently asked questions by clients is if they have to pay estate taxes on their inheritance. A lot of clients who need to go through the probate process to receive their inheritance ask this question because a friend or family member told them they will have …
Read MoreInheritance: When Should You Begin the Discussion?
Most clients typically do not talk to their children about their inheritance. Some don’t want to think or talk about dying, others are uncomfortable talking with their kids about financial matters, or letting them know how much they will inherit out of fear it will curb their motivation. So when …
Read MoreThe Two Big I’s In Estate Planning: Inheritance & Incapacity
When we ask clients if they have had an estate planning conversation with their immediate family or heirs, most clients usually say they have not done so. For those that have had the conversation, it’s interesting for us to know how it went, who was involved, and what topics were …
Read MoreIs a Simple Will Enough for Me?
A lot of clients come to their initial consultation, and when asked how we can help them, their answer sounds something like this: “I need to get my last will done, I’ve put it off for far too long, I don’t have a large estate so I just need something …
Read MoreThe Tailored Trust: What are the Different Types of Trusts?
Want to learn more about the types of trusts? Trusts are a great tool to avoid probate and provide certain tax benefits as well. Many clients go see an attorney who plugs in names, numbers and print. The clients sign, and technically they do have a functioning trust but there …
Read MoreTitling Property Correctly in Estate Planning
One of the simplest forms of estate planning is titling property in the names of the owner and the beneficiaries. If titled correctly, this is a simple and cost effective way to avoid probate court. However, only if the deed is done correctly with proper language, will the property be …
Read MorePrenups, Estate Planning, and How They Work Together
Prenups Estate Planning and How They Work Together. Most people believe a prenup is about addressing financial and other issues in the event of a divorce. However, a prenuptial agreement can be a good estate planning tool. Most prenups cover the areas of protecting separate properties of the spouses, division …
Read More3 Tips to Talk About Inheritances with Your Family
Most clients typically do not talk to their children about their inheritance. Some don’t want to think or talk about dying. Others are uncomfortable talking with their kids about financial matters, or letting them know how much they will inherit out of fear it will curb their motivation. So when …
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