There are two common types of trusts used in estate planning: irrevocable and revocable trusts. Both have advantages and disadvantages based on the objectives of…
Category: Estate Planning
End-of-life planning can seem even more difficult than talking about death, but it is an integral part of estate planning and a way to leave…
The importance of estate planning cannot be overstated, no matter your gender identity or your sexual orientation. Estate planning allows you to designate your partner,…
There’s nothing more uncomfortable than thinking about your own death. Add to that the concern about how our assets will be handled after we die,…
It is almost certain that a close relative will need care at some point in their lives. Often, family members or friends will step in…
Know that most states will not consider stepchildren as part of an inheritable estate without a will specifically including them.
For instance, your assets are not mutually inheritable without careful estate planning, including a “living together contract.”
If you don’t have the answers to these questions in writing ahead of time, decisions may need to be made in court by a judge.
Every parent has the right to do whatever they choose with their money during their lifetime.
Before meeting with an estate planning attorney, create an inventory of everything you own that has significant monetary or family value.