You're doing your estate planning, and you want to ensure that you pass as much of your estate as possible on to your heirs. That's why you're working so hard to plan in advance. One major concern you have is paying estate taxes. You've moved around a lot during your...
Year: 2018
An estate plan can lead to ‘sibling divorce’
An estate plan tells the children about their parents' wishes and helps to divide up assets after death. It's a very important plan that is based around a will, but which may also contain many other documents and legal tools, like powers of attorney and irrevocable...
How many people didn’t write a will yet?
You have been putting off writing your will. You feel like you don't need one yet. You're relatively young and healthy. You'll deal with estate planning later. If that's how you feel, you may not be surprised to learn that around 60 percent of people in the United...
The unique estate planning issues for collectibles
For years, you’ve been building up your baseball card collection. You’ve spent a lot of money, time, energy and care creating a collection you are proud of. What will happen though with this cherished collection once you pass away? This is a question that...
Why you should revise your estate plan in the new year
Believe it or not, 2019 is already upon us. As you enter into the new year, you may be thinking of making some adjustments in your life and creating new goals. This is the perfect opportunity to revisit your estate plan. Even if you have an existing plan in...
Is your estate plan ancillary probate proof?
One matter that gets very little attention is ancillary probate. It is an issue that often only comes up when a deceased person's estate includes property and assets in other states. One does not need to own a multitude of estates to benefit from using the proper...
How to help your heirs avoid inheritance disputes
Putting together a comprehensive estate plan is the best way to ensure your beneficiaries inherit property and wealth according to your current wishes. However, if you are not careful, your family may fight over the estate. Probate litigation may turn your heirs...