Movie scenes where a deceased tycoon’s will is read to a roomful of shocked and bitter relatives make for great drama, but drama is the last thing anyone wants, when seeking to preserve an estate for future generations.
One of the most frequent questions asked in estate planning, is whether a will is really necessary, particularly when someone has taken steps to avoid the probate process.
One of the most important decisions you face when creating a trust, is the choosing of the right trustee.
If you and your spouse are child-free, you may think you don't need to think about comprehensive estate planning—but you'd be wrong. You'll still want to ensure your assets go where you'd like them to after you're gone, rather than being divvied up by the state.
You should go to an estate planning attorney to sort things out and make sure both of you are on the same page about who owns what, who gets to stay where and for how long into the future.
We are programmed to contribute the “max” to our retirement accounts and we disregard, or do not understand, the pitfalls of an improperly filled-out beneficiary forms.
If you haven’t discussed your parents’ long-term financial goals with them, you aren’t alone.
Everyone knows what a will is. However, do you know the importance of having one? What does this document mean and what are the reasons why you should prepare a will? What happens to your money and property, if you don’t have one?
A probate lawyer can provide a variety of services to you, if you’re struggling to deal with matters related to your loved one’s estate.
A bypass trust could help your estate planning, depending on your financial goals.
