Posts tagged with "trustee"



Estate Planning · January 07, 2022
Preventing Family Conflict And Disputes Over Your Estate Plan
No matter how well you think you know your loved ones, it's impossible to predict exactly how they'll behave when you die or become incapacitated. No one wants to believe that their family members would ever end up fighting one another in court over inheritance issues, but the fact is, we see it all the time. The best way to deal with estate planning disputes is to do everything possible to prevent family conflicts from making sure they never occur in the first place.
Estate Planning · December 10, 2021
Why Putting Your Family Home In A Trust Is A Smart Move—Part 1
If you're like many homeowners, your home is likely your family's most valuable and treasured asset. In light of this, you want to plan wisely to ensure your home will pass to your heirs in the most efficient and safe manner possible when you die or in the event you become incapacitated. That's why it's a much responsible way to include your home into your estate plan. But before you do that, make sure to identify the best estate planning strategies when passing your home to your loved ones.
Estate Planning · October 15, 2021
Why You Need A Trust - Even if You Aren't Rich
When you hear the words "trust fund," do you conjure images of stately mansions and party yachts? A trust fund - or trust - is a great estate planning tool for many people with a wide range of incomes who want to accomplish a specific purpose with their money. There are many reasons to create a trust, and being rich isn't necessarily one of them. You just need to consult an estate planning attorney to help you identify the best unique strategies for you and your family.
Estate Planning · September 03, 2021
3 Ways To Benefit By Incorporating Charitable Giving Into Your Estate Plan
Giving donations to a charitable cause is a noble act of kindness. And you are also likely well aware that as with donating to charity during your lifetime, dedicating a portion of your estate to a charitable cause can reduce the taxable value of your estate. But it doesn’t end here. You may be surprised to learn about the numerous benefits available when you incorporate charitable giving into your estate plan. Learn more here!
Estate Planning · August 06, 2021
Don't Forget To Protect Your Furry Family: Estate Planning For Your Pets
It's sad but true that many pets end up in shelters after their owner dies or becomes incapacitated. In fact, the Humane Society estimates that between 100,00 to 500,000 pets are placed in shelters each year for this reason, and many of these animals are ultimately euthanized. In light of this cold reality, if you're a pet owner, the best way to avoid this tragic event is to use estate planning to ensure your pets receive the best care when you're no longer able to care for them yourself.
Estate Planning · July 02, 2021
Estate Planning For A Child With Special Needs: What Parents Need To Know
Estate planning is an obvious concern for all parents, especially when having a child with special needs. It's important that you are aware of the unique considerations to go into planning and understand the necessary things you need to provide to your child - emotionally, physically, and financially, especially in the event of your eventual death or incapacity. But the first and most critical decision you need to make is to ensure your child's future well-being by appointing legal guardians.
Estate Planning · January 05, 2021
Start Planning Now to Prepare Your Estate for a Possible Democratic Sweep—Part 2
Biden’s proposed Build Back Better plan would require approximately $7 trillion. Such an astounding amount of revenue most likely means a surge in taxes. Biden’s policy front is zeroed in on high-income taxpayers, and yes, that includes corporations and estates. You might want to plan ahead to minimize legal and financial repercussions arising from these proposed changes. From increased business taxes to lowered itemized deductions, here is an outline of Biden’s economic plans.
Estate Planning · January 01, 2021
How to Ensure Your Pets Are Protected and Well-Cared For in the Event of Your Death or Incapacity
Nothing says you love your pets more than having a legal plan in place for their care in the event of your death or incapacity. Unfortunately, too many animals are abandoned each year because their owners take for granted their furry friend's good fortune. You don't have to worry, however. Because now we have an easy solution that offers your faithful companion with the best security - emotional and financial - in the event of your death or incapacity.
Estate Planning · December 11, 2020
Superheroes never die, they just fade away. Chadwick Boseman’s Black Panther legacy will surely live on for years to come. However, with the court currently probing into his million-dollar estate, King T'Challa might be remembered differently by the public. Apparently, the actor died without completing estate arrangements causing his widow to petition to be named administrator. As sad as it sounds, Boseman is one of many celebrities who neglected to create a detailed and thorough estate plan.
Estate Planning · December 07, 2020
With record-breaking 80 million votes, Joe Biden is well on his way to the White House. When he finally takes over in 2021, there will be key changes to watch out for especially in the tax landscape. Biden is set to inherit a battered economy so he is essentially focused on increasing revenue from taxes. As estate owners, now is the perfect time to update your existing estate plan in preparation for a massive political realignment next year. Here are the probable major economic shifts for 2021.

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