Blog Posts in 2012
66 results found. Viewing page 1 of 3.
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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 ...
Continue reading "Estate Planning For Younger Families" »
Posted on Dec 14, 2012 By Matt Butterworth
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 ...
Continue reading "Inheriting Debt: What to Do" »
Posted on Nov 5, 2012 By Matt Butterworth
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 ...
Continue reading "Learning from the Stars: Celebrity Estate Planning Mistakes" »
Posted on Oct 31, 2012 By Matt Butterworth
If you are the heir of a trust fund, you may want to terminate the trust and remove the assets that are therein. As well, as the creator of the fund you may decide to change your mind and terminate a ...
Continue reading "Can you Terminate a Trust Fund?" »
Posted on Oct 30, 2012 By Matt Butterworth
Five percent of all Americans have a serious, chronic mental disability. Studies show that half of all Americans will be affected by some sort of mental illness at some point in their lives. This can ...
Continue reading "What is a Psychiatric Advance Directive?" »
Posted on Oct 25, 2012 By Matt Butterworth
Not all families are typical. In fact, most families in this day and age are not a mother, father, and biological children. There may be step-children, half-sisters and half-brothers, adopted ...
Continue reading "Estate Planning and Blended Families" »
Posted on Oct 22, 2012 By Matt Butterworth
If you will be administering an estate, then you are going to need to obtain a tax identification number first. This is often referred to as TIN or employer identification number (EIN.) The TIN is ...
Continue reading "How to Set up a Tax ID for your Estate" »
Posted on Oct 18, 2012 By Matt Butterworth
If you created a trust to protect your beneficiaries, then you might want to name a corporate trustee to guard the assets, rather than a family member. Even the family that you love and trust most may ...
Continue reading "Corporate Trustees: What are They and Should you Get One?" »
Posted on Oct 16, 2012 By Matt Butterworth
If you are planning your will and determining what you want to do with your fortune when you pass away, it’s important that you know what your net worth is. You are going to have to take steps ...
Continue reading "What is Your Net Worth?" »
Posted on Oct 12, 2012 By Matt Butterworth
Many people love to collect, and those collections can end up being incredibly valuable later on in life. Whether you have a case of Elvis memorabilia or a stack of baseball cards, your collection ...
Continue reading "Make a Plan for your Prized Collection" »
Posted on Oct 8, 2012 By Matt Butterworth
When we think of estate planning, we normally think about the assets that we will leave behind for our children and grandchildren upon our deaths. Yet estate planning also includes all plans for ...
Continue reading "Planning for your Business Exit in Today's Market" »
Posted on Oct 5, 2012 By Matt Butterworth
While we wish we were immortal, the fact is that every person on earth eventually ends his or her life. During the later stages of living, aging Americans often run into health complications. Some ...
Continue reading "How to Create a Health Care Proxy" »
Posted on Oct 2, 2012 By Matt Butterworth
If your family already argues over insignificant issues, and your children already don’t get along, then you can only guess that the arguments will surmount when it comes to inheritances ...
Continue reading "Attempting to Avoid Family Inheritance Spats? Try This!" »
Posted on Sep 27, 2012 By Matt Butterworth
If you want to will away your fortune to your children and grandchildren in the future, you should probably start planning now. You can set up trust funds which will automatically gran finances to ...
Continue reading "Estate Planning and Children's Accounts" »
Posted on Sep 24, 2012 By Matt Butterworth
The costs of a funeral can add up, and when a loved one succumbs to sudden death, scrambling together the supplies for a memorial service can seem hectic and expensive. For men and women who are ...
Continue reading "Should you Prepay your Funeral?" »
Posted on Sep 21, 2012 By Matt Butterworth
In December of 2007, three residents of Texarkana, Texas filed a lawsuit against estate companies in the state, claiming that they were cheated into buying pointless living trusts. The three ...
Continue reading "$1 Million Suit Against Estate Companies Considered Frivolous" »
Posted on Sep 18, 2012 By Matt Butterworth
You thought you would be the beneficiary to your parents’ large fortune, but what if when they die, they leave behind a will that excludes you entirely? That’s exactly what happened to ...
Continue reading "How to Contest a Will" »
Posted on Sep 13, 2012 By Matt Butterworth
Homes are one of our most valuable assets. Along with being a financial investment, your home is also a place full of memories. You have probably spent countless hours in your home and have come to ...
Continue reading "Ways to Include your Home in Your Estate Plan" »
Posted on Sep 11, 2012 By Matt Butterworth
Have you created an advanced directive with the help of an estate planner? If you haven’t, then chances are that you should start working on this end-of-life plan right away. An advanced ...
Continue reading "What is an Advanced Directive?" »
Posted on Sep 5, 2012 By Matt Butterworth
There are many different types of trusts to choose from when estate planning. When someone mentions a trust, they are usually referring to an express trust. This is a tri-party relationship in which a ...
Continue reading "The Different Types of Private Trusts" »
Posted on Aug 29, 2012 By Matt Butterworth
If you are planning to give some of your fortune away at the time of your death, you may want to act now instead. According to Estate Planning, your estate will have to pay taxes the net value s more ...
Continue reading "Give Now, Reduce Taxes Later!" »
Posted on Aug 29, 2012 By Matt Butterworth
If you own a business, then you may want to start thinking about what will happen to your company when you make your exit in the future. It’s inevitable that somewhere in the forthcoming years ...
Continue reading "Probate for Business Owners: Who Will Take Over?" »
Posted on Aug 27, 2012 By Matt Butterworth
The Jackson family is involved in a tense, high pressure family feud concerning the custody of the children and the future of Jackson’s sprawling Neverland estate. According to ABC News, the ...
Continue reading "Lessons to Learn from the Michael Jackson Estate Battle" »
Posted on Aug 22, 2012 By Matt Butterworth
The Tweten family entered a world of confusion and frustration when they were faced with a $100 million estate battle during the year of no estate tax. In 2010, there was no estate tax, this being a ...
Continue reading "Estate Tax Battle in California Shows the Dangers of Clauses" »
Posted on Aug 21, 2012 By Matt Butterworth
If you are over 60 and looking to tie the knot again, then it may be in your best interest to include estate planning in your list of wedding to-dos. Couples that are over 60 and looking to blend ...
Continue reading "Retirement, Estate Planning, and Marriage After 60" »
Posted on Aug 17, 2012 By Matt Butterworth
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