So, you’re considering hiring an estate planning attorney (smart choice), but are confused by some of the terms being thrown around like “heir” and “beneficiary.” You’re not alone. Understanding how an heir or beneficiary might operate...
A living trust is an important instrument for estate planning. In fact, anyone who wants to avoid the probate process and maintain privacy should consider a living trust. Why? Because the probate process can take a long time and can cost a lot. This is money you will...
If you have lost your trust documents, it can be a very stressful situation. However, there are steps you can take to recover them. First, a quick reminder: It is vitally important to keep your original trust documents in a safe place, such as a safety deposit box or...
Estate planning is an important part of life. When you plan your estate, you know exactly how your assets will be distributed when you pass. As an adult child, it can be difficult to talk to aging parents about planning for the end of life, but it’s just as...
Relationships can be complex in any situation, and bringing together two families with children is rarely easy. When a family becomes blended, it means dealing with your own family relations while introducing new parenting dynamics, and a whole new group of siblings....
1. Learn the basics. You’ve already taken the first step in learning the difference between estate tax and inheritance tax – doing the research to see just how they might impact you and the loved ones you leave behind. Here is the difference between the two....
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