If you are like most people, you are concerned about what happens to your property after you become “old and funny.” You have worked hard your entire life to accumulate what you have and you want to make sure it …
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Joint Ownership Fraught With Peril
Many people, including most married couples, use joint ownership of their assets as their own self-made mini estate plan. Sometimes joint ownership works to transfer assets upon death. Quite often joint ownership does not work because a joint owner gets …
IRAs & Beneficiaries
Most people name individuals as direct beneficiaries of their IRAs or other retirement plans. However, by naming a qualified trust as a beneficiary, your heirs could not only save taxes, but also have creditor and other protections. Qualified trusts are …
Is Equal Fair
Most parents want to treat their children fairly in giving lifetime gifts or a share of the parents’ estate. Many children believe that they are “entitled” to equal lifetime gifts and equal shares of their parent’s estates. However in this …
Disability and Financial Powers of Attorney
Have you ever thought about what would happen to your real estate, bank accounts, investments and other property (your “stuff”) if you could not take care of them because of incapacity due to an accident, illness or injury? How would …
Planning for tragedies makes a big difference
Many people think of estate planning as death planning. However, estate planning also includes lifetime planning which would be making sure that you are taken care of in the event you became incapacitated and also that your property is taken …