A Sole Proprietorship in Estate Planning
Running your Own Business A Sole Proprietorship is a business directly run by an individual rather than an entity such as a limited liability company or corporation. When the sole ...
Three Instances When you Should Sell Property
When Should You Sell Property in an Estate? Deciding when to sell property in an estate will vary from family to family but some circumstances make the decision to sell ...
Estate Planning Myth
Leaving Everything to the Kids Many people think the best thing they can do for their kids is buy lots of life insurance and make sure they leave everything to ...
Residuary Beneficiary
Plan for Unforeseen Events When you create an estate plan, you name specific people, trusts, or organizations to receive all your property. Over time though, you may receive property not ...
Leaving Frequent Flyer Miles in Your Estate Plan
Your Estate Plan Can be Detailed Your estate plan can be as detailed or as vague as you wish. Obviously the more detail you put in your estate plan, the ...
Stepchildren and Estate Planning
Providing for Children and Stepchildren When spouses get married for a second time and either of them has a child, it is important for the spouses to discuss and make ...
Subsequent Marriages and Estate Planning
Remarriage Calls for a New Estate Plan Whether following divorce or the death of spouse, a remarriage impacts your estate plan. Children may understandably be wary of anyone who might ...
Estate Planning for Unmarried Couples
Estate Laws do not Protect Unmarried Couples Unmarried couples do not benefit from laws which protect spouses in the event of a spouse’s death. Estate laws vary by state, but ...
The Impact of Divorce on your Last Will and Testament (Part Two)
Beneficiary Designations While the law effectively takes your spouse out of your will upon your divorce, you have other assets which pass through beneficiary designations rather than through a Last ...
The Impact of Divorce on your Last Will and Testament
Divorce in Estate Planning Many states require that a spouse receive some part of property held during the marriage upon the death of the other spouse. A spouse’s share of ...