Go to page
Latest News
If you are currently estate planning, then you may have heard about the new tax laws that are affecting people's lives and the future of their assets. The tax deal was put together in Washington and contained major points that had implications for estate planners all throughout the United States. Still, financial advisors are saying that the ...
Continue reading "Why New Estate Tax Laws Can be a Benefit to You" »
Adam Yauch, also known as MCA, died May 4 th of cancer and left behind a handwritten will. In that will, there were instructions which demanded that his music should not be used in any advertising in the future. Yauch did not want the timeless songs that were his life's labor to end up in corny commercials, and outlined the desire. Yet because ...
Continue reading "Beastie Boys' Adam Yauch's Will May Now Be Valid" »
If your parents were born in the baby boomer period, it is very likely that they are approaching that time of life where retirement is setting in; perhaps along with numerous health problems that come with time and aging. As adult children, it is important to realize the necessity of having "the talk" with your parents sooner than later. ...
Continue reading "Talking with Your Parents About Estate Planning" »
If you inherit an individual retirement account (IRA) then you may be facing decisions about what to do with this asset. According to Bankrate, an IRA has to do with estate planning, financial planning, and tax planning which makes the account a difficult one to handle. You will want to be wise when determining the future of an IRA because the sad ...
Continue reading "What to Do with Inherited IRA" »
We are proud to announce the launch of the NEW Probate.com! For those of you already familiar with the Probate.com name, we thank you for continuing to show your support and joining us as we become an even more powerful partner for probate and estate planning attorneys across the nation. As for those of you who are new, welcome to the future of ...
Continue reading "Welcome to the all new Probate.com" »
When addressing the topic of estate planning and children, many times the idea of protecting your children who are minors is brought up. Estate planning can allow for your children to be well cared and provided for in the event a tragic accident claims the life of their parents. Estate planning is also a way for which these parents to ensure that ...
Continue reading "Leaving Assets to Your Adult Children" »
Life is an unexpected journey, and can honestly come to an end at any moment. We may believe that we are prepared to die, and yet life after death for our loved ones can be messy; in many cases we don't understand the tangled web that we leave behind us for our loved ones to deal with. According to a Wall Street Journal article, one wife had to ...
Continue reading "The Tangled Web After a Spouses Death" »
When you die, probate will involve the future of most of your assets and properties. Interestingly enough, Facebook is one of those assets and the future of your account is a significant concern. More than 580,000 Facebook users will die in the United State this year, and some men and women will want to make a plan for the future of their ...
Continue reading "The Future of Your Facebook" »
As you are preparing for your future and the future of your estate, you may consider the option of creating an irrevocable trust. An irrevocable trust is a general name for a trust that cannot be altered or changed without permission from the beneficiaries. This arrangement is the opposite of a revocable trust, which is a trust that the grantor can ...
Continue reading "The Many Choices Regarding Irrevocable Trusts" »
Most trusts are intended to go to the next generation of children in a family. For example, if you are a grandfather, then your money would go to your son, who would then pass down his inheritance someday to his offspring and so on. Yet there are some grandparents who desire to skip granting finances to their children altogether and instead only ...
Continue reading "What is a Generation-Skipping Trust?" »
When many of us can recall the tale of Cinderella; remembering the pumpkin that turned into a carriage or the glass slipper or even the evil step mother. We quickly visualize the two evil step sisters who do their mothers cruel bidding, and ultimately Cinderella is treated as the scum of the earth, if even that. There is part of the story that is ...
Continue reading "Estate Planning: The Cinderella Story" »
Some men and women know exactly what they would like their funeral to look like, and may even have a budget in mind. For other individuals, they don’t want family members to feel obligated to plan and finance a funeral after their passing. Regardless of the reason, there are plenty of different motivations that men and women have to prepay ...
Continue reading "Are Prepaid Funerals a Good Idea?" »
Oftentimes, people will want to create a living trust that they can use as preparation for the future. A living trust is an arrangement under which one person holds the legal title of property for another person. The person who the property is being held for s called a beneficiary. If you create a living trust, you can be the trustee or you can ...
Continue reading "Can a Living Trust Replace a Will?" »
When it comes to your money and planning for the future of your children, it is not unheard of to say that things usually don't go according to plan. If you and your spouse get very ill or die at too young of an age, estate planning is one of the options available to families in order to protect not only your assets, but also the future of your ...
Continue reading "Leaving Your Assets to Minor Children" »
-1400-ffccccccWhite-3333-0.20.3-1.png)
With planes, trains, boats and cars so readily available today; traveling is something that the average person does here in America. Whether it is a few hours to visit your family for a holiday, flying from LA to New York for business every few weeks, or an international trip for pleasure; we are fortunate to have such excellent access to these ...
Continue reading "Estate Planning and Your Travel Plans" »
As you are preparing for the future of your estate, there are some important documents that you will need to get. Without them, you may not be able to adequately plan for the future of your earnings and possessions, and the entire fortune may be subject to division by the court. If you want to will your estate in a unique way or want certain family ...
Continue reading "Essential Legal Documents for Estate Planning" »
Religion and values can be a very important aspect of many people's lives, something that they care about even after they pass on. For numerous families in our country, these religious beliefs are often very important to pass along to the future generations, many time seven more than estate and finances. When many people hear of the topic of ...
Continue reading "Keeping Faith and Values in Your Estate Planning" »
If you are a part of a same-sex marriage or relationship, then you should take care to plan for the future of your estate and your partner in the event of your unexpected death. While it is often difficult to look this far ahead, it is sometimes essential. According to one estate planning professional, same-sex couples who were legally married in ...
Continue reading "The Importance of Estate Planning for Same-Sex Couples" »
When a loved one passes away and leaves you to assume the responsibility of dividing his or her estate, you are undertaking a hard and complicated job. Some decedents may leave a very specific will which will help you to divide his or her fortune quickly and without many hang-ups. Yet for those decedents who were not specific in their last will and ...
Continue reading "Are All Assets Subject to Probate?" »
The term "estate planning" has the potential to make many families run the other direction, assuming that the option is only for those who are rich and famous in order to protect all of their valuable assets. And yet, according to Forbes Magazine, planning for the future by means of estate planning is important for those ordinal people ...
Continue reading "Common Myths of Estate Planning" »
If you are currently planning an inheritance for your children, you may be wondering when will be the best time to clue them in on the money that will someday be theirs. According to Estate Planning, this can often be a delicate situation. You don’t want to talk about your death while the children are too young to comprehend the concept of an ...
Continue reading "When to Tell Your Children About Their Inheritance" »
Were you a victim of a terrible car accident recently? Did you have a stroke that has paralyzed part of your body? Has your illness made you in able to handle the everyday functions of a healthy individual? If so, now is the time to plan for your long term care. Long term care is often times necessary for those individuals who have been injured or ...
Continue reading "Long Term Care Planning" »
Getting married can be an exciting time for young couples, as they are filled with love and ready to begin their lives together. While this is a joyful time for these new, young couples, many times they will hold off on beginning their estate planning. It is never too early, however, to begin these important steps for your future. Often times, ...
Continue reading "Estate Planning For Younger Families" »
Most children hope that they will be granted a large sum of money in the form of an inheritance from their parents someday. They imagine buying their dream car or financing their mortgage with the money that they are granted. Some hope to go shopping, others hope to eliminate their student loans. No matter what you plan to do with your inheritance ...
Continue reading "Inheriting Debt: What to Do" »
Estate planning is a complicated endeavor, and you shouldn’t try to draft a will, set up trusts, or divide your possessions without the help of a probate attorney. There is a lot to learn about probate, and there isn’t much room for trial and error. One significant mistake could send you into ruin or cause your children to pay. If you ...
Continue reading "Learning from the Stars: Celebrity Estate Planning Mistakes" »
|
|