Some Estate Planning Myths
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. While there is a $5.34 million exemption this year on the estate tax, you don’t […]
Four Estate Planning Documents You Need
When it comes to estate planning, its never too soon to have all your ducks in a row. After all, estate planning is not just about death and taxes. It also deals with what happens if you get sick. There are four critical estate planning documents everyone needs, says an article in the Wall Street […]
Putting A Plant In Your Will?
Most wills include money for children and grandchildren. Some even leave money for the care of pets. But plants? Strange is it may seem, that has now happened. A woman in Pennsylvania has set aside $5,000 in her will so that a friend can take care of her huge philodendron after her death, according to […]
9 Ways To Make Things Easier For Your Survivors
When you die, somebody is going to have to settle your financial affairs. It isn’t an easy job. So why not make it easier for that person or persons? Here are nine things you should do to make it easier for your survivors to settle up your affairs, according to an article on the Huffington […]
Common Estate Planning Mistakes
Thinking about having an estate plan drawn up? Then pay close attention. Here are some horror stories about people who have made common mistakes in doing their estate plans. When you have yours done, make sure to avoid these errors, which are recounted in a story in the Green Bay Press Gazette. These are common […]
Estate Planning For People Under 40
You can’t start estate planning too early. The earlier you begin, the better you will be prepared for life’s ups and downs. And if you have a family, you really better get started. Here are some estate planning tips for those under age 40, as outlined in a story on usnews.com.
Is Your Estate Plan A Trojan Horse?
On January 31st this year, the Chinese celebrate the Year of the Horse. Which got me thinking about famous horses: Black Beauty, Secretariat, Trigger, Sea Biscuit, Silver, the Budweiser Clydesdales, Man O’ War, Pokey, and even the Trojan Horse. That famous tale, expertly depicted in the Brad Pitt film Troy, recounts how the Greeks hid […]
Three Ways To Make Life Easier For Your Family
1. Create an Estate Plan An estate plan can include a last will and testament, powers of attorney, as well as other important documents which can make life easier for your family, not only when you die, but also while you are still alive! None of us wants to think about our own mortality but […]
Don’t Hope For An Inheritance, Ask For It
A Massachusetts court has ruled that simply rendering help or services to someone in the hope that it will result in a payment from that person’s estate is not enough to guarantee payment. In this case, reported on elderlawanswers.com, Suzanne Cheney performed many services for her stepfather, Anthony Turco, and expected to receive a share […]
Three Reasons You Need An Estate Plan
Sometimes when people think about an estate plan, they think of only a last will and testament, but an estate plan is much more than a will. Especially since all of an individual’s assets can sometimes be distributed without a will. More important are the other documents that comprise an estate plan such as a […]