A prenuptial agreement (prenup) is a written contract that two people enter into before they marry. There are many reasons for these contracts. Frequently addressed are issues regarding financial assets ...
There comes a time for many older people when, for various reasons, they must leave their homes. For some, moving in with children or other close family members is the ...
The other day I overheard a couple talking about strategies for minimizing inheritance taxes. “Oh,” the man said, “if you designate your bank account as Payable On Death (POD) to a ...
So, your mother passed away, and your older brother was named Executor in her Will. Being the Executor is not an easy job. Among other things, it involves: 1. identifying and ...
Probate assets, non-probate assets, gross estate – these are all important terms that you need to understand when doing estate planning. However, for most of us, it’s all very confusing. ...
Many people today get divorced or lose a spouse and then remarry. And, in many cases, people who remarry have children from prior marriages. This results in blended families – ...
You’re married, or single, with young children, and your primary focus is on the family, on the here and now – providing for the essentials and giving your kids the ...
Many couples remain legally married while, for all intents and purposes, they’re separated. The may not have gotten a divorce, and they may still own property jointly. They may even ...
The Internal Revenue Service and the U.S. Department of the Treasury ruled in August 2013 that same-sex married couples will be treated as married for all federal tax purposes. This ...
I had an interesting meeting with a married couple the other day. The husband had designated his wife as the Executor to his Will and she had designated him as ...