Our Estate Planning Blog
A task without a deadline is just wishful thinking. Sometimes, you can get away with procrastinating. If you never get around to alphabetizing your spices, no one’s life will change.
Being a fiduciary is a time-intensive and intellectually challenging task to put upon an individual.
If you have a college-aged child, estate planning is probably the last thing on your mind.
My parents are in their 70s and they don’t have anything planned. I’ve spoken with them about the importance of planning.
One common trouble that many executors overlook: dispersing personal possessions that have little financial value but great sentimental value.
“Late Cars’ singer Ric Ocasek cut his estranged, supermodel wife out of his will, claiming that she ‘abandoned’ him, the now-public document reveals.
Older adults who lack meaningful contacts with friends, relatives, or neighbors are at a higher risk than their peers of developing depression, heart disease, infections and premature cognitive decline.
An irrevocable life insurance trust (ILIT) can provide peace of mind, as you start your estate planning process. If you have a sizable estate or young beneficiaries, an ILIT can provide control over a life insurance policy that a last will and testament may not.
Despite the burgeoning cost of higher education these days, you might still find yourself with unspent money in a 529 plan after your child has graduated from college. As you may know, if you withdraw the money for non-qualified education purposes, you have to pay taxes plus an additional 10% penalty on the earnings withdrawn from the account.
We have money in savings and retirement accounts, but our most valuable asset is our home. We want to leave our property to our two children equally.
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