by Christine | Dec 18, 2014 | Asset Protection, Estate Planning, Estates, Inheritance, Living Trust, Probate, Tax Planning, Trusts, Wills |
Adult children have historically expected to inherit from their parents while in their 40s or 50s, yet now many aren’t doing so until their 70s or even 80s, as their parents live into their 90s or beyond. When should you expect to receive your inheritance? According...
by Christine | Dec 17, 2014 | Asset Protection, Estate Planning, Estates, Living Trust, Probate, Tax Planning |
Taken all together, these steps might seem overwhelming. But if you do one task each day, you can really change your financial life by year-end. Is it too late in the year to get your finances ironed out? Fortunately, a recent article from kjrh.com, titled “7...
by Christine | Dec 16, 2014 | Asset Protection, Community Property, Elder Law, Estate Planning, Retirement Planning, Tax Planning |
"During their careers, their 'acquiring wealth years,' many people live in places that have lots of jobs – and the higher cost of living that goes along with that," Friedman says. "In retirement, many of them want to move to a state where they...
by Christine | Dec 15, 2014 | Asset Protection, Estate Planning, Estates, Inheritance, Living Trust, Tax Planning, Trusts |
Irrevocable trusts, which are virtually unchangeable once established, have decreased in use, but revocable trusts, over which the grantor retains control, still flourish. A recent Cincinnati.com article, titled “Trusts remain useful tool in estate planning,”...
by Christine | Dec 9, 2014 | Asset Protection, Charity, Estate Planning, Estates, Tax Planning, Wills |
The end of the year is a great time to consider making a contribution to a cause that is meaningful to you. Along with potential tax benefits, there is the enjoyment that comes from making a positive difference and helping the organization of your choice. Is the...
by Christine | Dec 8, 2014 | Asset Protection, Beneficiary, Elder Law, Estate Planning, Estate Tax, Inheritance Tax, Living Trust, Probate, Trusts, Wills |
By keeping even modest sums of money protected, trusts can ensure that your wishes for your money will be honored into the future. A recent article by the Motley Fool,titled "5 Things You Didn't Know — but Should! — About Trusts," sheds some...
