Learn the basics of Estate Planning, including wills and probate, trust, beneficiary designations & taxes.

Living Trusts: Frequently Asked Questions and Answers

A living trust is an important tool in financial planning, and it is vital that you are fully informed about all of the details of this, and other legal documents. Be sure to meet with your certified personal financial planner to discuss your personal situation and living trust options before making any final decisions.

By |2019-03-07T18:41:22+00:00March 7th, 2019|Estate Planning|

Are Revocable Living Trusts for You? Basic Information

A revocable living trust is a legal device that can help protect assets. Revocable living trusts are promoted as an alternative to probate. They can be used to manage your property during your lifetime and to distribute your property quickly after your death. Any competent adult can establish a revocable living trust.

By |2019-02-19T17:53:40+00:00February 16th, 2019|Estate Planning|

Living Wills: Frequently Asked Questions and Answers

Estate Planning is the way to ensure that your assets and property are dealt with in the manner that you choose, even after your death. Along with a will, living trust, and other estate planning documents, a living will is crucial when it comes to stating, and securing, your wishes.

By |2019-02-19T18:01:13+00:00February 13th, 2019|Estate Planning|

Joint Ownership: Does it make sense for you?

Joint ownership can be helpful as well as hurtful   Joint Ownership: Does it make sense for you? Joint ownership of assets is a way for two or more people to own shares in an asset. The asset generally is real estate but can be other property such as a brokerage account, insurance company products [...]

By |2019-02-25T08:33:47+00:00January 31st, 2019|Estate Planning|

What You Need to Know About Probate

Most people have a general fear of probate which is often based on publicity or misunderstood information. The press and numerous articles explain the hazard of probate and the underlying expenses which could wipe out an estate. Are these real or imagined concerns? The answer is quite simple, it all depends. It depends on the size and complexity of the estate. It depends on instructions from the will of the decedent.

By |2019-02-21T14:44:32+00:00January 29th, 2019|Estate Planning|

Life After The Memorial

Life after the memorial: 9 things every widow MUST do in order to protect her financial well-being Losing a spouse is difficult at any age, but it is particularly devastating for women nearing retirement. Many of these women may have assumed more traditional roles during a marriage, such as the stay-at-home mother or they may [...]

By |2019-01-18T23:13:22+00:00January 9th, 2019|Estate Planning|

Designate A Beneficiary And Lower Probate Expense

What’s in a name? A lot if that name is a beneficiary of your annuity. Your annuity fund has the possibility of becoming a significant financial asset, one that can significantly benefit both you and your heirs in the future. Annuities, along with other financial contracts such as 401(k), life insurance policies, and IRA’s, comprise [...]

By |2019-02-09T20:17:08+00:00December 16th, 2018|Estate Planning|

In Death, The Details Become Essential

In my line of work, I have the unfortunate job to deal with the passing of someone’s spouse, parent, or sibling. I see in these moments of grief I know how, if the details aren’t thought of ahead of time, the pain can be compounded with the frustration of trying to navigate through the messiness [...]

By |2018-03-11T00:19:04+00:00January 30th, 2018|Estate Planning|