Sometimes giving assets outright to a beneficiary – such a child, a grandchild or a special needs loved one – is not the ideal method of distributing assets in an estate plan. In
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Sometimes giving assets outright to a beneficiary – such a child, a grandchild or a special needs loved one – is not the ideal method of distributing assets in an estate plan. In
You just found out that your favorite aunt, Aunt Melba, has died and have received a notice from the attorney handling Aunt Melba's affairs stating that you are a beneficiary. Your best friend advises
Congratulations! You are now considered a legal adult. Although you still can't purchase alcohol, there are very few other things you cannot legally do at this point. Although you may not feel any
If you think you only need to create discretionary lifetime trusts for young, troubled, or financially inexperienced beneficiaries, then think again. In this day and age of frivolous lawsuits and high divorce rates,
When you sit down to create your estate plan, there are likely dozens of questions running through your mind. Who should get possession of your home? Who should run the family business? Will
Many people believe that once they set up a Revocable Living Trust and transfer assets into the trust, those assets are protected from lawsuits. This is absolutely not true. While Trusts commonly
Is your estate plan up to date? Give it this stress test to find out: 1. Do you have a will or a trust? Without your own plan you are relying on
You may think that your estate plan is something you already checked off your to-do list years ago. But the truth is that it’s not realistic to think that something you drafted years
If you are like me, you get to the last few months of the year and think about how to give gifts to your children or others that you love. Funny… the IRS
Many entrepreneurs love the challenge of starting a new business and creating everything from scratch. Others like the idea of buying an existing business in order to eliminate the initial legwork of establishing
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