Why You Should Consider Making An Estate Plan After Filing For Bankruptcy Estate Planning: An Effective Way To Protect Your Assets When You File For Bankruptcy Bankruptcy can be incredibly stressful for anyone to go through. Once your matter has been closed, you may wonder what the next steps are. To ensure that you [...]
How Does Bankruptcy Typically Affect Estate Planning & Inheritance? Filing Bankruptcy & Its Consequences On Estate Planning Bankruptcy may be one of the last things on your mind when you are creating an estate plan. Fortunately, the number of bankruptcy filings has declined over the past several years, but there were still a whopping 544,463 [...]
An Essential Guide To QTIP Trusts In Estate Planning Qualified Terminable Interest Property Trusts: Benefits, Definition, & When To Use One What Is a Qualified Terminable Interest Property (QTIP) Trust A qualified terminable interest property (QTIP) trust is an estate planning tool that married couples can use to minimize uncertainty about the future and maximize [...]
Pour-Over Wills Explained: The Perfect Addition To a Trust-Based Estate Plan Pour-Over Wills Are Used To Ensure Every Asset In Your Estate Is Protected Wills and trusts are the two basic legal instruments that people use to pass accounts and property on to their loved ones at death. Although a revocable living trust is often [...]
The Important Role Of Real Estate Deeds In Estate Planning The Different Types Of Real Estate Deeds & Why You Might Want To Use Them When using trusts in estate planning, a key element includes transferring the trustmaker’s real estate into the trust by recording a deed with the local recording authority. This step is [...]
5 Estate Planning Tips For Cross-Border Families A Complete Guide To International Estate Planning 1. Consider Using Multiple Wills Or An International Will In the United States, modern estate planning often centers around the use of a Revocable Living Trust (“RLT”), but in many other jurisdictions the use of an American RLT can create [...]
Resolving Tangled Titles & How It Affects Property Deeds, Homeownership, & Estate Planning How Estate Planning Can Help Prevent Tangled Titles Do You Really Own The Home You Live In? If you are currently living in a property that you inherited but the deed has not been transferred into your name, you may be surprised [...]
Qualified Personal Residence Trust (QPRT): How Does It Work & What Are The Benefits? How The Advantages Of The Qualified Personal Trust Work Americans have enjoyed historically high estate tax exemption rates for most of the last twenty years. Such high exemption amounts have kept many of them from needing to seek out more advanced [...]
How Slayer Statutes Stop Killers From Profiting From Their Crimes Slayer Statutes: Prevent a Killer From Inheriting Anything From Their Victim Most states have laws that prevent someone who has intentionally killed another individual from being able to inherit any property from their victim. In general, these laws are referred to as “slayer statutes” and [...]
All Good Things Must Come To An End: Reasons a Trust Might Terminate Arizona Estate Planning Attorneys Discuss The Process Of Terminating a Trust Nothing lasts forever. While trusts can stretch across generations and keep valuable money and property within a family, no trust has unlimited funds or an interminable time horizon. Every trust, at [...]
