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Six Claims You Should Be Wary of Regarding Living Trusts

Clients should enter the estate planning arena with as much information as possible, and not from a point of view of fear. Here are six claims to be wary of regarding living trusts.

ESTATE PLANNING with EX WIFES and STEPKIDS

Drafting an Estate Plan with blended families is even more difficult in the down economy. Real Estate wealth is gone, people live longer and parents are subject to financial and phsyical abuse by those who are supposed to take care of them.

ESTATE AND GIFT TAX UPDATE 2013

Now that the cloud of uncertainty over estate and gift taxes has finally cleared, individuals and couples can get down to some serious planning.

If You Have a Revocable Living Trust, Do Not Forget to Fund it

If you have gone to the trouble of having a revocable living trust set up, it needs to be funded by placing your probate assets into it. Care should, however, be taken with certain pension and annuity type assets.

MAKE YOUR OWN FUNERAL DECISIONS

Individuals who fail to inform their family members as to what type of funeral or burial they desire will have someone make that decision for them.

Joint Tenancy Deed Avoids Probate and Saves Money

The joint tenancy deed is one of the best tools to transfer real estate between spouses, partners and heirs. Its principal characteristic and its advantage over holding title as a tenant in common, is that a joint tenancy deed transfers title immediately upon the death.

Estate Tax Alert and Update for 2010

Estate Tax Alert and Update for 2010

Why You Need a Will

There is a common misconception that only the wealthy need wills. But everyone should have a valid will.

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