How Can I Move On after a Loved One Dies?
Even as you work through your grief, there are some important financial tasks to take care of along the way. Here is a framework to use as a starting point.
Making Inheritance Talks Easier
Wealth coaches and financial advisers talk about how to avoid some uncomfortable situations.
Do It Yourself Wills Go Wrong–Fast
I want to divide my estate equally among their three children. I’ve mapped out a plan to dispose of my property without any probate whatsoever. I put it together from what I’ve read on the internet. It’s just marvelous what you can learn by Googling things, don’t you think?
If I’m 35, Do I Need a Will?
It’s never too early to start estate planning. If you already have a family, getting your personal affairs in order is a must. The sooner you start planning, the more prepared you will be for life’s unexpected twists and turns.
Fixing an Estate Plan Mistake
Sometimes, despite best intentions and best efforts, an estate plan leaves unintended problems for heirs, trustees and others to solve. For example, a trust may have become outdated because of changes in tax laws, the birth or death of family members, or special circumstances like an heir’s disability.
Why It Is So Important to Have an Advance Health Care Directive
Around two-thirds of all Americans have not prepared a health care directive, according to a December 13, 2019 article written by a personal finance specialist at Forbes. The author noted the irony of this figure, pointing out that California was the first US state to enact a law regarding health care directives back in 1976.
Will We Have to Pay Gift Taxes if We Give a Rental Property to Our Son?
How should we best do this, so that we avoid future gift taxes?
Avoiding Probate with a Trust
In other words, family members who are not named to inherit anything in the will may still see the list of all of the assets. If you don’t want that result, you can avoid it by establishing a trust.
What Estate Planning Documents Do You Need?
This year for the holidays, why not give yourself and your loved ones a little peace of mind?
Do Name Changes Need to Be Reflected in Estate Planning Documents?
The fact is people’s names often change. People get married and divorced or sometimes just legally change their names.