by Christine | Oct 30, 2014 | Advanced Health Care Directive, Asset Protection, Estate Law, Estate Planning, Estate Tax, Estates, Inheritance, Tax Planning, Trusts, Wills |
The important point to keep in mind is that DIY estate planning provides forms and not legal advice. An attorney may provide you insights into your situation and prepare documents that are specifically tailored to your circumstances and needs, potentially saving your...
by Christine | Oct 29, 2014 | Asset Protection, Estate Plan, Estate Planning, Estates, Power of Attorney, Trusts, Wills |
Even though many gifts no longer make tax sense, 529 plans remain viable options for both estate tax exclusion and income tax reduction, without much complexity and cost. Which gifts make sense for taxes these days? Consider your options. Before recent changes to the...
by Christine | Oct 28, 2014 | Advanced Health Care Directive, Conservatorships, Durable Power of Attorney For Finances, Estates, Living Trust, Medical Directives, Power of Attorney, Probate, Trusts, Wills |
The online forms you come across may or may not work. These forms tend to not be state specific which means your will may or may not be valid. If you are going to take the time to draft a will or any other estate planning document (which you should), you definitely...
by Christine | Oct 27, 2014 | Advanced Health Care Directive, Asset Protection, Conservatorships, Durable Power of Attorney For Finances, Elder Law, Estate Planning, Estates, Inheritance, Trusts, Wills |
Thanksgiving weekend is a time to reflect, visit family, and of course, eat your fair share of pie. And while we may be thankful for the people and the wealth in our lives, not enough of us have planned to protect all that we have. Pass the pie please! And not just...
by Christine | Oct 24, 2014 | Asset Protection, Bankruptcy, Bequest, Individual Retirement Accounts (IRA), Inheritance, Inherited IRAs, IRA Rollover, Irrevocable Trust, Living Trust, Probate, Trusts, Wills |
As a result, financial advisers and families are taking steps to shield IRA assets for children and other beneficiaries in case those heirs ever find themselves in bankruptcy proceedings. Is your IRA protected from creditors in the event of bankruptcy? Not anymore....
