Aug 15, 2017
When a beloved spouse dies, taking care of their “estate” is probably the last thing on your mind. Ultimately, when the final affairs are taken care of, you need to talk with an estate planning attorney an not procrastinate. Waiting can create some...
Jun 27, 2017
“Portability” is a new estate planning concept, having only been created in 2011. Portability can be a large blessing for Americans, but is also complicated because IRS rules regarding portability are always changing. Fortunately, the IRs recently...
Mar 28, 2017
Too many people think that all you have to do with life insurance is name who the beneficiaries are. However, this basic strategy does not guarantee that your beneficiaries will be able to maximize their benefit from your life insurance. Think about these examples:...
Feb 26, 2017
When you create a trust, you choose someone to be the trustee of your trust. This trustee follows your trust’s provisions and administers your trust property. Your trustee pays bills and taxes, manages your investments, buys real estate, and other actions...
Feb 7, 2017
The term “fiduciary” means that someone who is a fiduciary has a legal obligation to do what is in another specific person’s best interest. For example, trustees, executors, and agents are fiduciaries. They are acting for the benefit of someone...
