by Christine | Jan 14, 2014 | Estate Law, Estate Planning, Wills |
Estate planning is a difficult topic to address because it requires you to think about a world without you in it. No one likes to reflect on their own demise, which is why many people simply put estate planning off for another day and only get around to it when the...
by Christine | Jan 10, 2014 | Digital Estate Planning, Elder Law, Estate Planning |
What would happen to your e-mail accounts if you suddenly died? Are familiar with the notion of a digital estate? What happens to your online bank accounts, emails, social media and your entire digital presence on the web when you pass away? Imagine a world without...
by Christine | Jan 9, 2014 | Estate Planning |
“Money can be divided pretty evenly, but the teacup that grandma always used? Maybe there’s only a $2 value associated with that teacup, but because of the sentimental value and the emotions around it, that causes the controversy.” While it is easier to think about an...
by Christine | Jan 8, 2014 | Estate Planning, Individual Retirement Accounts (IRA) |
One big advantage of the trusteed IRAs: IRA owners can prevent their beneficiaries from spending down the accounts right away. An IRA is a very powerful tool, if you use it right. Your IRA can essentially serve estate planning purposes beyond simple retirement funding...
by Christine | Jan 7, 2014 | Estate Planning |
With the new year comes new "incentive" to improve your life and becoming more organized, which could include "cleaning up" your closets or "cleaning up" your legal affairs. Many of my clients who have made the pledge to organize and...
by Christine | Jan 7, 2014 | Beneficiary Designation, Estate Planning, Individual Retirement Accounts (IRA) |
If your beneficiary designations are out-of-date, when you die, your assets could go [to] the wrong people – a former spouse, for example – no matter what your will says. Often, the biggest mistakes we can make when it comes to our estate planning are also...
