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Your Trust As Your IRA Beneficiary

Posted on 07/27/2014

Although I have written about it on many occasions, I am still often questioned by financial advisors, banks and insurance agents if I meant to name a trust as primary beneficiary of retirement accounts. Yes, I meant to do that! …

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Probate Avoidance 101

Posted on 07/20/2014

I regularly have people come into my office and say “My estate is simple” and think that not much work will be involved in planning their estate. Their estate plan is usually anything but simple. What you may think is …

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Top Estate Planning Misconceptions

Posted on 07/13/2014

As you go through life, you probably have found that there is no shortage of people who want to give you estate planning advice. This may include your family and friends. Very often, estate planning matters are the subject of …

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Trust Your Trust

Posted on 07/06/2014

The use of trusts as an estate planning tool has become more prevalent over the last few years. There are, however, still many misconceptions about the use of trusts. Many believe that trusts should only be used if taxpayers have …

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No Results Yet!

Legend:

0-15 Level of risk is low.

You have done a very good job of protecting your estate.

16-30 Level of risk is moderate.

You have done a pretty good job of protecting your estate.

31-45 Level of risk in the "dangerous" area.

  • Examine areas where you are weak.
  • Seek advice from competent professionals that you trust.

46+ Level of risk is "severe".

  • Immediately begin a comprehensive examination of your estate planning needs.
  • Develop a step-by-step plan to plan for your disability and to protect your estate.
  • Seek advice from competent professionals that you trust.

Disclaimer

This website is not designed for do-it-yourselfers. The ideas presented herein are for discussion and educational purposes only. The information presented is the opinion of the authors only and DOES NOT create any attorney/client relationship and is not to be relied upon for any specific person or situation. For specific information regarding your needs, concerns, and plan, you must consult with your tax advisor, financial planner and estate planning attorney to discuss your situation and obtain advice.

You should not attempt to implement any of the techniques or ideas presented without competent advice. You would not want to do your own brain surgery, why would you want to do your own estate plan? Check with a qualified Attorney or other professional adviser before you attempt to implement these or any other estate planning techniques. It usually costs more to fix an estate planning problem than it would have cost to do it properly in the first place.

Legal and tax issues frequently change, therefore some material may be affected by changes in the laws regarding wills, trusts, taxes, and other issues, or new interpretations of the law since preparing this material. For that reason, the accuracy and completeness of information and the opinions expressed are not guaranteed. The information in this website may be reproduced, mechanically or electronically, in whole or in part so long as the firm information and copyright data are included in such reproduction.