Preparing for your estate plan can be a lot of work. Not only do you have to decide who is going to do what when, you have to organize your affairs, so they can. To properly prepare your estate plan, …
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How To Select an Estate Planning Attorney
Finding the right attorney to plan your estate can be a significant challenge. It may be the first contact that you will ever have with an attorney. What qualities should you look for in an estate planning attorney? Do not …
Sep Savvy Education Trusts
You are thinking about leaving something to the grandkids when you are gone. Or, you don’t have any children of your own and want to leave an inheritance to your nieces and nephews or great nieces and great nephews. However, …
Putting your Financial House in Order in April
If you haven’t heard already, April is National Financial Literacy Month. You should expect to hear more about financial and estate planning during this month. The goal of Financial Literacy Month is to “alert, educate, motivate and assist the American …
Reasons to do Estate Planning
As of January 2, 2013, the Federal estate and gift tax exemption amount has been permanently increased. If you pass away in 2013 and your lifetime and after-death transfers are under $5.125 million, your estate passes to your loved ones, …
Protecting Your Assets From Your New Spouse
You are single again after the death of your first spouse. Or maybe you are divorced. Now you have met someone and have fallen in love, again, and are getting married for the second, or third, time. You have accumulated …
With Estate Planning Fees You Get What You Pay For – Part II
There are a lot of different types of estate plans being sold out there. It is best that you know what you are buying. In last week’s column, we discussed the three most common types of will estate plans that …
May Savvy Separate Tr Offer More Benefits
For most of my married clients, I typically prepare separate trusts for each spouse instead of a joint trust for both spouses. I am occasionally asked why. The reason is very simple, it is what most of my clients want. …
Self-Funding Trusts Can Be Dangerous
You had been meaning to get your estate plan done for years. You finally get up the nerve to call your lawyer’s office to have it drawn up. You walked out of the office with an estate plan in which …
Newlyweds Need Planning Too
You are about to get married or have just been married. Would you like your fiancé or new spouse to be able to make decisions for you if you became mentally incapacitated as a result of an accident or injury? …