Why Does a Living Trust Cost More than a Will?
It will probably cost more initially to set up a well-drafted living trust than to have a will prepared. A true cost comparison should include not only the expense to ...
Paying for Your Grandchildren’s Education
The bond between a grandparent and grandchild is a very special one based on respect, trust and unconditional love. When preparing one’s estate plan, it’s not at all uncommon to ...
Providing For Your Parents in Your Estate Plan
If you are part of the baby boomer generation (born between 1946 and 1964), you may also find that you are a member of the sandwich generation, with responsibilities to ...
Incorporating Faith and Values in Estate Planning
For many, passing along religious beliefs or values to the next generation is just as important as passing along financial wealth and tangible assets. Estate planning creates many opportunities to ...
Treating Children Fairly Does Not Necessarily Mean Equally
Treating Children Fairly Does Not Necessarily Mean Equally Most parents want to treat their children fairly in their estate planning, and many assume that means having their children inherit equally. ...
A Shared Home but Not a Joint Deed
A Shared Home but Not a Joint Deed Many people erroneously assume that when one spouse dies, the other spouse receives all of the remaining assets; this is often not ...
Organize Information for Your Family
Think for a few moments about what would happen if you suddenly became incapacitated or died. Would your spouse or family know what to do? Would they know where to ...
Young Adults Need Estate Planning, Too
Once a child turns 18, parents lose the legal ability to make decisions for their child or even to find out basic information. Learning you cannot see your college student’s ...
Naming a Guardian for Your Minor Children
Parents with minor children need to name someone to raise them (a guardian) in the event both parents should die before the child becomes an adult. While the likelihood of ...
What to Do After a Loved One Passes Away
The loss of a loved one is a difficult time, often made more stressful when one has to handle the affairs of the deceased. This may be a great undertaking ...