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...
Category: Estate Planning
Comprehensive estate planning advice to help protect your assets, legacy, and loved ones.
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...
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,...
Estate Planning Review for 2019
Your estate plan has a big impact on your finances and should be considered as important as your investment portfolio, says...
How Can I Simplify the Probate Process for My Family? Beneficiary Designations
Many investments allow an investor to name a beneficiary of the asset upon death. The proper use of these beneficiary...
Why Do I Need an Estate Plan?
Estate planning isn't only for the rich. Without a plan in place, there could be a long-lasting impact on your loved ones,...