Legal Articles, Trusts
Estate Planning For A Child That Provides Caretaking Responsibilities
When parents of get older and have multiple children, one child may provide caretaking responsibilities for the parent.
Deciding What Age A Minor Heir Will Receive Their Inheritance In An Estate Plan
Although it is difficult to think about your own mortality, if you have minor children under the age of eighteen then it is something that you must consider for their own protection and well being
Estate Planning When One Child Is More Successful
Some families are blessed with a child that is extremely successful in terms of wealth. This condition can make planning an estate more challenging than it would normally be.
Do Not Underestimate The Size Of Your Estate When Making An Estate Plan
Making an estate plan is an important step in taking control of your financial life, but you must have an accurate and complete picture of your overall net worth and potential for growth of your net worth in the future.
The Dangers Of Estate Plan Of Jointly Titling Bank Accounts With A Child
That practice is putting their name on a bank account with their child or what is also known as having the bank account titled jointly.There are reasons to title a bank account jointly with a child that would convince someone that this would be a good idea.
Sharing Information With Your Estate Planning Attorney
There will come a point when the conversation with your estate planning attorney may get uncomfortable or personal and you feel that you should not reveal everything and hold some information back.
Choosing The Estate Plan You Want Or The Estate Plan You Need
There comes a time when you must decide what your estate plan will ultimately look like. Plans for your estate come an many different forms, but one key distinction to make between choices is the plan you want versus the plan you need. The plan that you want may not always be the plan that you need.
Surprises Are a Bad Thing For An Estate Plan
Everyone likes a good surprise from time to time. There are some situations where a surprise can be welcome. An estate plan is not one of these situations. A surprise in an estate plan can lead to difficulties and difficulties can cost your estate money.
Wills & Trusts (and other handy Estate Planning documents)
There are no good excuses for not having Estate Planning documents in place.
Estate Planning For Owning Real Estate In More Than One State
Owning Real Estate in multiple states is a dream for many, but a reality that many have already achieved. This means you could have a residence in one state and a vacation home in another state.