There are several reasons why you should update your existing trust or perhaps your entire estate plan. While estate planning documents do not necessarily have a shelf life, they may not fulfill your goals when your circumstances change. Of course, having estate planning documents that are up-to-date is critical, but how do you know when you should make changes?
Let us help you make sure that none of these events unfold. We’re here to guide you every step of the way through creating and maintaining a timely, robust, and strategic estate plan. Give us a call today to make sure your plan is current and includes all the necessary provisions to keep a contest from occurring in the future.
Estate planning is more about protecting your values, morals and legacy than it is about protecting your money. Find out more here!
If you've been procrastinating about completing your estate plan, now is the time to get it done!
Equal division of your estate to your beneficiaries may make sense for some people. However, there are other reasons why unequal division may be more fair.
Establishing a trust is a great probate-avoidance tool. But having a trust doesn't necessarily keep you out of Probate Court.
For some wealthier couples, lifetime QTIP trusts may be a good estate planning tool. The QTIP Trust is created and funded with gifts from the wealthier spouse that qualify for the unlimited marital deduction while both spouses are living.
Here's a checklist of documents and items you should bring to your initial consultation with your new estate planning attorney.
Many people think having just a Will is a sufficient estate plan. However, what most people don't realize is that their Will only goes into effect upon that person's death. What if you become incapacitated? Do you have a plan in place? If not, a conservator may need to be appointed to manage your financial affairs during your incapacity.
A new child is a welcome addition to the family. Taking care of this precious child means ensuring your financial and personal affairs are in order in the event of your death or incapacity.
Tax Day is just around the corner. Don't make these 4 mistakes when filing your taxes.
While putting together an estate plan is important for you and your loved ones, it is equally important for you to understand the role of the trusted individuals who will be carrying out your wishes when you are unable to. When it comes to estate planning, these helpers are key.
If you have recently been diagnosed with a serious medical condition or illness, consider taking these three steps to ensure you and your loved ones are protected.
Do you know who is listed as your beneficiary(ies) on your beneficiary designated assets? If not, the answer may surprise you and can negatively impact your estate plan.
Historically, Halloween was a celebration of human death. Have you thought about what will happen upon your death?
Don't forget Buddy! Estate planning should include all members of your family, including your beloved pets.
Transmuting property to community property can save beneficiaries in capital gains tax.