by Christine | May 12, 2015 | Advanced Health Care Directive, Asset Protection, Estate Planning, Estates, Inheritance, Living Trust, Power of Attorney, Probate, Trusts, Wills |
"Everyone of majority age needs at the least a will, a health care directive and a named power of attorney," says Mike Sena, a certified financial planner with White Street Advisors, a money management firm. "The express purpose of estate planning is to...
by Christine | May 7, 2015 | Asset Protection, Elder Law, Estate Planning, Inheritance, Living Trust, Probate, Tax Planning, Wills |
Few people get excited about doing estate planning, even though they might recognize the importance of leaving a legacy for their children and grandchildren. If you want to be smart about making gifts to your loved ones, though, there are some things you should...
by Christine | May 5, 2015 | Asset Protection, Estate Planning, Estates, Guardianships, Probate, Wills |
Without a formal direction, your wishes must be interpreted and your estate must be settled by a probate court judge. The process is expensive and encourages disputes. But divvying up wealth is whole lot easier than handing your children off to the state to determine...
by Christine | May 4, 2015 | Asset Protection, Assets, Elder Law, Estate Planning, Estates, Living Trust, Probate, Trustee, Wills |
If a Loved One or you have an estate plan, or even part of one, then some team members already are on board via the planning process and likely are actively serving or are nominated in the documents. They can have roles in the testamentary will, trusts, business...
by Christine | Apr 30, 2015 | Assets, Elder Law, Estate Planning, Estates, Inheritance, Living Trust, Probate, Trusts, Wills |
Trusts are private—the only reason Smith's gesture went public is because players put photos of the letters and checks on social media. "I don't think he would have wanted to draw attention to himself," says the trustee of Smith's trust, Tim...
by Christine | Apr 29, 2015 | Asset Protection, Assets, Elder Law, Estate Planning, Estate Tax, Individual Retirement Accounts (IRA), Living Trust, Probate, Trusts, Wills |
An IRA Trust can be a very valuable tool in certain circumstances. Unfortunately though, many people are unaware of the IRA trust and its benefits. Trusts are only for the super wealthy, right? Wrong! The Kokomo Perspective recently posted an article titled “Are You...
