Family homes and other real property are usually the most valuable assets in an estate. While homeowners may want to leave these properties to children or other beneficiaries as part of an inheritance, tax burdens can throw a wrench into those plans. Unfortunately,...
Just about everyone knows or loves someone with a substance abuse problem. The detrimental effects impact many facets of American society. Sadly, we are seeing an upswing in the number of clients that have to deal with a loved one’s substance abuse in their estate...
As circumstances change and life throws new challenges our way, it’s important to take a look at your future plans and make sure they still match your wishes. This means examining your existing estate plan and making changes if necessary, which is especially true for...
Irrevocable Trusts make up the backbone of most solid asset protection planning strategies. These trusts can help protect property and financial assets if you should end up in a nursing home, and depending on your individual situation, can also help by saving you a...
Most people can think of someone that they would NEVER want to inherit their assets when they pass away. The hope is that those people aren’t rightful heirs in the line of succession anyway. However, if the person you want to disinherit is a rightful heir, you’ll need...
A Revocable Living Trust is one of the most misunderstood parts of estate planning, especially since many people associate trusts with the extremely wealthy and the term “trust funds.” But Revocable Living Trusts can be created by just about anyone looking to make an...
Death or incapacitation can creep up on anyone, and if you’re not prepared, the burden that falls on your family for handling your estate or financial affairs could be extremely heavy. Here are five tips to help everyone lighten the load: Make an Estate Plan One of...
Creating a Last Will and Testament can be a taxing process. You sometimes must make hard decisions concerning inheritances for your loved ones, or regarding who should be in charge of making decisions about your estate after you’ve passed away. Many times, these...