What is a Failed Testamentary Transfer and How Do I Prevent it From Happening?
What then happens when gifts made in a testamentary instrument, such as a will or a trust, lapse (fail) because the...
Author: Editorial
In Estate Planning Does Anyone Really Need a Trust?
The simplest definition of trust is a three-party fiduciary relationship between the person who created the trust and the...
Why is Estate and Succession Planning a Process?
Succession planning is a process. 10 years of time goes by very quickly, so the earlier you can start having these...
Power of Attorney: Do You Have One?
Wise incompetency planning usually includes the execution of a power of attorney. This document names an agent who can sign...
No Estate Taxes? You Still Need an Estate Plan
Increases in the estate tax exemption has an impact on how some people are thinking about life insurance, says ThinkAdvisor...
How Caregiving Can Impact Older Women
Whenever significant numbers of people are unemployed or under-employed, the economy loses those wages, the income taxes,...
Who Pays What Taxes on an Inherited IRA?
I'm the executor of my mother's estate. She has an IRA where the beneficiary is her estate. When I withdraw this IRA into...
How Do I Include Retirement Accounts in Estate Planning?
While most estate planning focuses on the physical property, like your home, and liquid assets, such as investment accounts,...
How Do I Handle an Inherited IRA?
With an inherited IRA, in many cases, the parent is the original beneficiary and the children are the successor...
How Can I Protect a Loved One From Elder Abuse?
The (Lorain OH) Morning Journal's recent article, "How to protect elder loved ones from abuse," reports that the National...