What may have seemed like something to take care of ‘one day,’ has turned into a basic necessity that makes it essential and necessary for you to encourage your clients to act now.
When it comes to estate planning, not having a plan is a plan. However, it is not a good one.
If your will was signed before 2013 and you have a so-called by-pass estate tax saving trust that is no longer necessary, you really should update and simplify your will.
When it comes to your estate, paying for the professional services of a qualified estate planning attorney now, can help avoid issues in the future.
Depending on whether you are the only beneficiary, or you are buying out other beneficiaries, you could move in, rent or sell.
If you pass away without naming beneficiaries in your will, it can create legal entanglements for your heirs.
Even if your asset base doesn’t measure up to the Bill Gates standard, you may consider using trusts in estate planning. This is because they can help your heirs in many different ways.
They want to leave their house to all three of the children, but they do not want us to sell the home after they both die. Is there a way they can make it, so the house can’t be sold after their deaths?
Nobody really likes getting a smaller piece of the pie.
A trust is an account that gives a person control over who will receive their assets during their lifetime and/or at their death.
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