Understanding the Contents of a Will
Understanding the contents of a will
You probably don’t have to be told about the need for a will. It’s been said over and over again. But do you know what provisions should be included and what’s best to leave out? The answers to those questions may not be as obvious.
Basic...
CHARITABLE GIVING IN A POST-TCJA WORLD
Insight on Estate Planning
CHARITABLE GIVING IN A POST-TCJA WORLD
What you need to know in the wake of the new tax law
The Tax Cuts and Jobs Act (TCJA) represents the biggest overhaul of the tax code in more than three decades. Tax experts are still sorting out...
Protecting Your Vacation Home with a Cabin Trust
Many people own a family vacation home--a lakeside cabin, a beachfront condo--a place where parents, children and grandchildren can gather for vacations, holidays and a bit of relaxation. It is important that the treasured family...
Preparing your Family for an Emergency during School Hours
Every family should establish a clear plan to handle an emergency that occurs during school hours. Unfortunately, many parents mistakenly believe that filling out the school’s emergency card is sufficient. Sadly, this practice falls...
Pooled Income Trust and Public Assistance Benefits
A Pooled Income Trust is a special kind of trust that is established by a non-profit organization. This trust allows individuals of any age (typically over 65) to become financially eligible for public assistance benefits (such as...
What Happens If You Are Bequeathed a Car That No Longer Exists?
If you’re involved in settling a loved one’s estate, you may come across the curious word “ademption”. Ademption describes what happens when something designated in a will no...
Borrowing From Your Retirement Accounts: Issues to Consider
So you have credit card debt, overdue mortgage payments, or suddenly need to buy a new car. We’ve all been there. You need money now, and your retirement accounts continue to climb. Fortunately, many employers allow...
Treasure Hunts are Fun and Games? Think Again!
Think Treasure Hunts are Fun and Games? Think Again
You’ve had an attorney draft your estate planning documents, including your living trust and will. Probate avoidance and tax saving strategies have been implemented. Your documents are signed, notarized and witnessed in accordance with...
Planning for Your Final Sendoff
Although most people don’t like to think about it, death is inevitable. It’s imperative that you have an estate plan in place that outlines your end of life wishes and how you would like your assets distributed upon your...
What is a Pooled Income Trust and Do I Need One?
A Pooled Income Trust is a special type of trust that allows individuals of any age (typically over 65) to become financially eligible for public assistance benefits (such as Medicaid home care and...