Many people own property in more than one state - perhaps a vacation home in Florida, a rental property in a former home state, or even a car titled in another state. It is
I often hear people say they don’t need an estate plan because all of their assets are held jointly with their spouse or with one or more of their children. Although this seems
A few weeks ago in our blog, we discussed how to fund a living trust. To recap briefly, a living trust is basically a container with very specific instructions for how to handle
Revocable living trusts are a popular estate planning tool these days, but unless they are funded with assets, they are essentially useless. Think of a revocable trust as a container, and on top
Until recently we didn’t worry too much about inherited IRA’s because they have always been protected from creditors, predators and some marital claims. That recently changed when the Supreme Court decided Clark v.
Most of us make mistakes. They vary in importance and for the most part can be corrected before any real damage has been done. With estate planning we find that mistakes vary based
An important part of any thorough estate plan is the preparation of a Durable Power of Attorney. This document allows someone you designate to represent you and act on your behalf to deal
If you set up a Revocable Living Trust (What is a Living Trust?) for estate planning purposes, you probably did so with the belief that it would make administration of your estate easy,
We all remember the movie where grandpa has died and the entire family is gathered for a reading of the will at the attorney’s office. Usually there is a fireplace nearby and you
