How To Keep Your Child’s Inheritance Out Of Your In-Law’s Hands The Benefits Of Careful Estate Planning For Your Child About 40 to 50 percent of all marriages in the United States end in divorce. Regardless of how you feel about your child’s spouse, you must face the possibility that they could become your child’s [...]
Right Of Occupancy Trust: A Trust To Protect Your Home & Your Loved Ones What Is Right Of Occupancy & How Does It Work? Estate planning is about protecting you and your loved ones. Sometimes this can be a difficult endeavor when there is a loved one who may require additional support at your death. [...]
What Is a Nongrantor Trust? Understanding The Role Of Nongrantor Trust In Estate Planning Every trust has at least one grantor, also known as the trustmaker, i.e., the person who creates the trust. So, it can be confusing when terms like grantor trust and nongrantor trust are used. It is helpful to understand that neither [...]
What To Do If Your Trustee Is Unresponsive Understanding Your Legal Options When You Have An Unresponsive Trustee A trustee has a duty under the law to communicate with beneficiaries and keep them reasonably informed as to the progress of the trust administration. Depending on your state’s law, such duty to inform may require the [...]
Think Your Estate Plan Is Complete? Make Sure You’re Not Missing These Important Points The Complete Guide To Estate Planning Roughly two-thirds of Americans do not have an estate plan, according to a recent survey from www.caring.com. If you are among the minority of US adults who have prepared a will, living trust, and other [...]
Along with warmer weather and lazy days spent at the pool, summertime also often includes a family gathering, such as a Fourth of July barbecue, a family vacation, a reunion, or time spent at a family cabin or lake house. Whatever the form, in our always-on-the-go society, getting the whole family together is a rare [...]
Using Assisted Reproductive Technology: What Happens To Unused Genetic Material at Your Death? When you think about how you want your property to be distributed after your death, most of the time it is easy to identify that property—your home, your cars, your jewelry, etc. But what about the genetic material used in assisted reproductive [...]
Powerful Provisions In Your Financial Power Of Attorney In a financial power of attorney, you designate a trusted decision maker (agent or attorney-in-fact) to act on your behalf if you become disabled or unable to manage your financial affairs. Depending on the provisions you choose to include, your agent may have the power to buy [...]
Celebrate Independence Day By Claiming Control Of Your & Your Loved Ones’ Futures Every year on the Fourth of July, Americans across the country celebrate our nation’s declaration of independence from Great Britain. Yet only about one-third of Americans have an estate plan—meaning that most Americans have given up their independence when it comes to [...]
Three Things You Need To Know About Cryptocurrency & Your Estate Plan Cryptocurrency’s popularity has rapidly increased in recent years, with more people buying and selling it. Here are three things you need to know about cryptocurrency in relation to your estate plan. Beware Of The Tax Consequences Transferring your cryptocurrency to other people, either [...]
