Tag Archives for " Estate Planning "
Estate Planning is More than Assets…it’s About Your Life
If you think that you do not need an estate plan because you do not have very many assets, then you do not understand that estate planning is not just about your property.
Continue readingReasons Why Receiving an Inheritance Might be Trickier Than You Think
It has been estimated that more than $41 trillion will be transferred to heirs in the United States over the next 50 years. This is the largest transfer of wealth in U.S. history. Are you entitled to some of this pot of money? If you are, there are some things you should be aware of […]
Continue readingExpect the Unexpected and Planning is the Cure for the Unexpected
Charlotte Fox was one of the most adventurous women I have heard about. She was a serious mountain climber…acclaimed for reaching the summit of many of the world’s tallest mountains. She was the first American woman to climb three peaks above 8,000 meters, including Mount Everest in 1996. That climb will forever live in infamy […]
Continue reading“Guardianships” Can Be Tragic If Established “After The Fact”
One of the most gut wrenching parts of being an estate planning attorney is when someone doesn’t have a plan in place for “guardianship” of their children. It is the one area that is heartbreaking when I see it happen. When it isn’t dealt with before the fact, the “after the fact” situation can be […]
Continue readingDigital Assets…Locked Today, Open Tomorrow
You need to make sure that no one else can access your digital accounts now. However, you also need to plan, so that someone else can have access to them, after you pass away.
Continue readingHow does “effective” Estate Planning really work?
There seems to be a lot of confusion about not just how Estate Planning works but why it works so well…when created the right way. Let me try to clear up some of the confusion for you with a live story about a couple that might have some similar issues to your own situation. It […]
Continue readingIt’s “WHY” and “HOW”…Not the “WHO” and “WHAT” that Matters
Someone asked me the other day when I was giving a speech to tell them exactly what “Estate Planning” really means. Seems like an easy answer for me, but not so much for everyone else. So I turned the question back on the audience and asked them what Estate Planning meant to them. Surprisingly, or […]
Continue readingWhere People Get Confused About Wills and Trusts
While it is not possible to dispel everything that people mistakenly believe about wills and trusts, a few things come up often enough that it is important to make sure you do not hold these mistaken beliefs.
Continue readingWhen (and How) Should You Change Your Estate Plan?
It is important to change plans, when things change that make your previous plans bad.
Continue readingCryptocurrency Adds a New (and more complex) Dimension to Your Estate Plan
The increasing popularity of cryptocurrencies creates challenges for planning how those assets will be handled, after the owner passes away.
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