by Christine | Sep 4, 2014 | Asset Protection, Beneficiary, Beneficiary Designation, Beneficiary Forms, Estate Plan, Estate Planning, Estates, Financial Planning, Guardianships, Inherited IRAs, Inheritors, Probate, Trusts |
You may have made a giant estate planning mistake without even knowing it — forgetting to update the names of your beneficiaries for your employer-sponsored retirement plans, IRAs, life insurance policies, mutual funds, bank accounts, brokerage accounts, annuities and...
by Christine | Sep 1, 2014 | Asset Protection, Assets, Beneficiary, Estate Law, Estate Plan, Estate Planning, Inheritance, Living Trust, Probate, Trusts, Wills |
Leaving even a small inheritance to your children requires planning. Regardless the size of your estate, structuring an inheritance properly can avoid problems and help your beneficiaries use your hard-earned assets more wisely. Last year, AARP included an article in...
by Christine | Aug 29, 2014 | Asset Protection, Estate Plan, Estate Planning, Retirement Planning, Tax Planning |
Now is the time to adopt financial habits that determine a successful retirement, even if you’re still in your 20s. (Note: Parents, here is a great article to share with your twenty-something adult children!) If you are a twenty-something, you have plenty of...
by Christine | Aug 18, 2014 | Asset Protection, Estate Plan, Estate Planning, Guardianships, Inheritance, Probate, Trusts, Wills |
Who will be your child's guardian, and who will be the guardian of your estate? Experts say it's a difficult decision many families agonize over, and there's no one-size-fits-all scenario. In the event that you pass away suddenly and unexpectedly, what...
by Christine | Jun 19, 2014 | Asset Protection, Estate Planning, Trusts |
A domestic asset protection trust (often called DAPTs, or just APTs) allows the settlor (the trust creator or grantor) to be a discretionary beneficiary of the trust, while at the same time assuring protection of trust assets from claims of the creditors....
by Christine | Jun 6, 2014 | Asset Protection, Marriage |
So how do DAPTs work in a marriage to protect assets? Do they need to be set up before the marriage? Can they be set up during the marriage? Marriage might be that last step in bringing two people and two lives together. Nevertheless, that moment often causes one to...
