One of the most common concerns I hear is "I don't want the state to end up with my money." Fortunately, that scenario almost never happens. Money only escheats (reverts back) to the State when you do not have any heirs that could inherit your estate.
Working with your attorney to create a Durable Financial Power of Attorney (POA) ensures that, in the event you become incapacitated due to illness or injury, your financial affairs continue to be handled properly. With this document, you as
The Internal Revenue Service has announced that the estate tax exemption for 2015 has jumped to $5.43 million per person, up from $5.34 million, due to an adjustment for inflation. For a married couple, the exemption increases to nearly $11 million, sa
There are several myths about estate planning that can cause confusion and, if you believe them, can end up causing problems for your family, says an article on Forbes. com. Among them: 1) Estate planning is only for the rich. (Photo credit: NATEPE
(Photo credit: James Marvin Phelps) If you don't have an estate plan, a recent article suggests that one of your 2014 resolutions should be to create one. Everybody, without exception, can benefit from the creation of an estate plan. The article discu