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 [...]
How Estate Planning Could Help You Protect Your Vacation House After Your Death Important Questions To Ask When Deciding The Future Of Your Vacation Property According to the National Association of Home Builders, in 2018 there were approximately 7.5 million second homes, making up 5.5 percent of the total number of homes. These homes are [...]
Are You Responsible For Your Spouse’s Debts After They Die? Dealing With Obligations & Rights Related To Your Spouse’s Debts A spouse’s death creates a difficult and demanding time for the surviving partner. As much as you might want space and time alone to process your grief, you may have certain responsibilities related to settling [...]
Why Estate Plans Should Be Updated As Often As a Resume How Often Should I Update My Estate Plan? A resume is a snapshot of your experience, skill set, and education that provides prospective employers insight into who you are and how you will perform. Imagine not updating your resume for five, ten, or even [...]
Estate Planning Updates: How Many Tweaks Are Too Many? Amendment Or Restatement? How To Update Your Estate Plan If your life or the law has changed since you signed your last will and testament (will) or trust agreement, you need to update your document. You can make updates to a revocable living trust by way [...]
Why Estate Plan Should Never Be a Set-It-&-Forget-It Endeavor Common Life Changes That Can Impact Your Already Established Estate Plan As we all know, life happens. There is really nothing we can do about it. However, some of the most common life events can have a dramatic effect on your estate plan. If you think [...]
Meat Loaf’s $40 Million Estate: The Legacy Of a Rock & Roll Icon The Possible Fates Of Meat Loaf’s Estate Meat Loaf, whose real name was Michael Lee Aday, passed away earlier this year at the age of seventy-four. The singer behind 1977’s Bat Out of Hell—one of the best-selling albums of all time—experienced ups [...]
7 Ways Of Leaving Your Family a Great Legacy Without a Lot Of Money Follow These Steps To Leave Your Family a Long-Lasting Inheritance Although the word “inheritance” usually conjures up images of property or accounts with significant monetary value, you can leave your family an even longer-lasting inheritance by doing these seven things, whether [...]
Estate Planning Lessons Disney’s Encanto Can Teach Us Valuable Estate Planning Lessons To Take Into Consideration Not only is Disney’s award-winning animated film Encanto hugely entertaining, it also contains the following valuable estate planning lessons: Leaving a family legacy is important and can have an impact beyond your immediate family. Be sure to consider the [...]
Dutiful Child Or Manipulative Caretaker Of The Elderly? How To Recognize & Prevent Elder Financial Abuse As parents age and their physical and mental capacities diminish, it is natural for their adult children, recognizing the parents’ decreasing ability to care for themselves, to step in and help them. Often, a specific child will take over [...]
