What Is a Will? Key Terms and Basic Information
Have you thought about preparing a will? Here is some basic information about wills to help you through the process: Basic Terms A will is a legal document and a significant part of your...
Category: Trusts & Estate Planning
What You Need to Know about Estate Tax Exemptions When Drafting Your Will
Leaving an inheritance to your kids can be more complicated than expected – especially if you are unfamiliar with the current estate tax exemption. For 2016, the estate tax exemption is $5.45 million...
10 Events that could Change Your Estate Plan
The good thing about creating an estate plan is you determine how your assets are distributed to heirs ahead of time. When you pass away, the court has to transfer your cash, property and...
What’s the Difference between Living Trusts and Wills?
Do you want to leave behind certain assets for a family member or close friend? Knowing the difference between a living trust and a will can help you make the right choice for your...
When the Executor of an Estate is Taken to Court by Family
Being an executor of an estate is challenging. When your family takes you to court because of discrepancies with the estate, then you have an even greater burden on your hands. Not only do...
Why Talk Estate Planning Over the Holidays
When you think estate planning, you probably don’t envision a discussion over Thanksgiving turkey. However, the holidays are one of the best opportunities for families to open up about financial decisions, expectations, and what...
I want to establish a guardian for my children. What should I do?
If you have children under the age of 18, and you want the freedom to choose who is the guardian of the children if something should happen to you, then you should consider making...