Year: 2016
A family fight over an estate can be destructive but a good estate plan can reduce the chances of that battle beginning. It is a fact of life that all fights cannot be avoided but there are steps that can reduce the chances of conflict over an estate, according to the Lodi News-Sentinel in “Avoid […]
While estate planning has many different documents it comes down to two categories. One of the best ways to begin estate planning is to break the process down into two categories, according to the Motley Fool in “The Estate-Planning Documents Everyone Needs.” There are all sorts of different legal documents in estate planning that are […]
There are many opinions on the use of wills and trusts but each has strengths and weaknesses. When you are getting advice on wills and trusts it is best to decide which option is best for you but in order to do that you need to know the differences, according to the Motley Fool in […]
Bypass trusts are not as popular as they were at one time but can still work under certain circumstances. The “bypass” trust has gone out of favor as a result of federal estate law changes but can still work for you, according to the Poughkeepsie Journal in “Bypass trust works better for many families.” Basically, […]
There are many kinds of estate plans but a few things should be included in every one’s estate planning portfolio. The Catholic Register recently discussed what is necessary in every estate plan in “The must-haves of estate planning.” The article is focused on Canada but it wouldn’t be a bad idea to include them in […]
Getting an estate plan doesn’t have to be overly complicated. Many people put off creating an estate plan because they think it is a difficult, complicated process but there are tips that can make it easier as Personal Liberty recently published in “Nuts and Bolts of Estate Planning.” The tips include: Organize all of your […]
Avoiding probate by setting up a trust only works if it is funded. Setting up a trust to bypass probate is often a good idea but it is important to make sure the trust is properly funded, according to the Green Bay Press-Gazette in “Estate Planner: Importance of funding your trust.” Funding the trust is […]
You know they need a plan and they know they need a plan but getting it done can be a challenge. An estate plan is important to every family regardless of the amount of money and assets but parents and their children don’t always agree, according to NJ 101.5 in “Talking to your parents about […]
When a loved one passes away grief and responsibilities can raise stress levels. Even the most organized person will have problems dealing with the death of a loved one and handling the deceased’s affair at the same time as the Cape May County Herald discusses in “What to Do When a Family Member or Loved […]
An estate plan isn’t final because it needs to be occasionally adjusted to changing life experiences. You have taken the steps to work with an estate planning attorney to create your very own estate plan but the work doesn’t end there because it needs to be updated occasionally, according to the Verde News in “Updating […]
