by Christine | Sep 5, 2014 | Assets, Beneficiary, Bequest, Estate Plan, Estate Planning, Estate Tax, Estates, Gift, GIfting, Individual Retirement Accounts (IRA), Inheritance, Inherited IRAs, Inheritors, Power of Attorney, Probate, Trusts, Wills |
Some people decide, as Robin Williams apparently did, that it's better to hand down wealth to adult children while you, the parent, are still alive. (Of course, you have to have more than enough assets for yourself to be able to do that.) One benefit is that you...
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 3, 2014 | Assets, Beneficiary, Estate Plan, Estate Planning, Estate Tax, Inheritance, Living Trust, Probate, Trusts, Wills |
If there is a boogeyman when it comes to family conversations about inheritance, it is not death. It’s the $40 trillion that financial advisers say their baby boomer clients are going to pass to their children either in an orderly way — or in a chaotic mess. A report...
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 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 | Aug 14, 2014 | Estate Plan, Estate Planning, Trusts |
Your estate plan is only as good as the people who implement it. When heirs aren’t competent, don’t pay attention to details, or they can decide to pursue their own interests, and disaster can ensue. The latest case involves the Walt Disney estate. "If you...
