Timeshares and Vacation Clubs: The Migraine Headaches of Inherited Property
Inheriting a timeshare often comes with financial burdens, ongoing fees and legal complications that heirs may not anticipate.
Our Estate Planning Blog
Inheriting a timeshare often comes with financial burdens, ongoing fees and legal complications that heirs may not anticipate.
An irrevocable life insurance trust (ILIT) protects high-net-worth estates by reducing tax liability and ensuring a structured transfer of wealth.
Legal tools like power of attorney and healthcare directives are essential in forming a proactive legal strategy for cognitive decline.
Carefully structuring an inheritance can safeguard a child with addiction from financial harm, while providing the support they need to recover.
While the focus tends to be on the growth of the asset class and opportunities to prosper, for many cryptocurrency investors, more attention must be paid to transferring assets to loved ones and protecting the store of wealth from unfounded and frivolous lawsuits.
Trust disputes among beneficiaries can strain family relationships and jeopardize the integrity of an estate plan. Strategic conflict resolution can protect both the trust’s assets and familial bonds.
If these things get overlooked, you risk leaving your loved ones with extra challenges during what’s already a tough time.
Good communication together with strategies like no-contest clauses and competency verification can help you avoid a will contest.
As always there are many changes to the laws regarding estate planning and related fields in the new year. Estate planning news is always changing.
As always, the new year brings changes. There are several new estate planning rules for 2025 that might impact your family.