Family values and assets can be difficult to address and legally formalize, especially if parents wait too long to begin instilling them. Undoubtedly the best time to teach and empower your children as eventual inheritors of your family legacy is…
For estate planning, wills and trusts offer specific and quite different advantages. Each state has specific laws and regulations governing these legal documents. You can have both a will and a trust; however, the information in each should complement the…
In theory, passing your property to your heirs should be straightforward. You make a will or a trust, you do a transfer-on-death deed for your real estate, you put your kids on your bank account, you designate beneficiaries for your…
If you're just starting to think about your options or if you're far along in the estate planning process, you probably have questions about how and to whom you want your assets distributed. A trust can be a great tool…
No matter where you are in the estate planning process or if you are just starting to consider your options, you probably have questions about how you want your assets distributed and who should be given that responsibility. A trust…
In a blended family, inheritance can lead to hurt feelings and inequitable distributions and may result in lengthy and expensive court battles. While you cannot legislate from the grave, you can carefully prepare your estate plan, distinctly accounting for biological…