Estate Planning: Three Things To Consider When Choosing An Attorney.
You’re ready to do some estate planning – a Will perhaps, or a Trust-related matter. You need to find a lawyer. There are certainly many attorneys from whom to choose. ...
How Late Is Too Late To Sign A Prenuptial Agreement?
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 ...
Alternative Living Arrangements: Two Options When It’s Time To Leave Your Home
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 ...
"Payable on Death" – Clearing Up Some Confusion.
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 ...
Two Important Things for Beneficiaries To Keep In Mind.
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 ...
Three Cornerstone Concepts of Estate Planning
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. ...
Stepchildren, Stepparents, and Trusts.
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 – ...
Estate Planning for Young 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 ...
"Marital Limbo" and Estate Planning
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 ...
New IRS Rules Recognize Same-Sex Marriage
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 ...