Estate Planning After Divorce

One area that is often overlooked in the divorce process is the need to update estate planning. Most people would agree that their ex-spouse is the last person they want to inherit their assets when they die—or to have that person make life and death decisions for them. But that is exactly what can happen [...]

By | 2017-10-20T14:18:32+00:00 October 20th, 2017|Estate Planning|0 Comments

Irrevocable Life Insurance Trust

An Irrevocable Life Insurance Trust (ILIT) is an irrevocable trust that applies for, owns, and maintains life insurance. It’s purpose is to get life insurance cash value and proceeds out of an estate for federal estate tax and generation-skipping tax purposes. Often, life insurance is purchased to equalize inheritances, provide an inheritance, fund tax bills, [...]

By | 2017-10-13T14:36:36+00:00 October 13th, 2017|Estate Planning|0 Comments

Estate Planning After Divorce

One area that is often overlooked in the divorce process is the need to update estate planning. Most people would agree that their ex-spouse is the last person they want to inherit their assets when they die—or to have that person make life and death decisions for them. But that is exactly what can happen [...]

By | 2017-09-29T21:02:09+00:00 September 29th, 2017|Estate Planning|0 Comments

How A Living Trust Helps Your Family

There are several parts to an estate plan, one of them being a living trust. Common factors that prompt someone to create a trust include privacy, tax benefits, avoiding probate, and caring for family members with special needs. Estate planning also lets you dictate how your assets will pass on to future generations after your [...]

By | 2017-09-22T19:40:29+00:00 September 22nd, 2017|Estate Planning|0 Comments

Get the Most Out of Your Work with Your Lawyer   When you hire an attorney for estate planning, help with a loved one’s estate, or any other legal matter you want to make sure that the work gets done as quickly as possible and at the best possible value.  Here are some tips to [...]

By | 2017-07-21T17:30:23+00:00 July 21st, 2017|Estate Planning|0 Comments

What’s On Your Worry List?

A comprehensive financial plan that is effectively executed delivers dollar savings in improved investment returns, lower taxes, lower fees, more efficient wealth and more stable income. However, an important outcome of this process addresses what may be on your worry list: running out of money, family strife, unexpected losses and making financial mistakes. The Key [...]

By | 2017-06-16T09:40:25+00:00 June 16th, 2017|Estate Planning|0 Comments

The Pros and Cons of Probate

In estate planning circles, the word “probate” often comes with a starkly negative connotation. Indeed, for many people — especially those with larger estates — financial planners recommend trying to keep property out of probate whenever possible. That being said, the probate system was ultimately established to protect the property of the deceased and his/her [...]

By | 2017-06-09T15:10:44+00:00 June 9th, 2017|Estate Planning|0 Comments

Estate Planning for Unmarried Partners: Planning for After Death

Estate planning is creating a set of instructions that specify how property is handled after death, and how property and health care decisions are handled during a period of incapacity. Proper estate planning is important for everyone. But for unmarried partners–opposite sex or same sex–it is critical. This article will address some issues for unmarried [...]

By | 2017-06-02T11:18:00+00:00 June 2nd, 2017|Estate Planning|Comments Off on Estate Planning for Unmarried Partners: Planning for After Death