The last thing someone wants to worry about during a difficult time is dealing with the assets of their deceased loved one. How to deal with them actually depends on how the bank accounts were owned. Our probate process will help determine who receives ownership of what, whether it’s a bank account or personal valuables. We can guide you through... Read More
Having a last will and testament is crucial for the division of assets and property to its respective heirs after someone’s death. However, having a will that directs medical care during urgent moments is just as important. A living will is used to execute one’s desired medical care treatment, especially in the event that one cannot communicate how they wish... Read More
Some unfortunate incidents are unforeseen, like being involved in an accident, becoming incapacitated or falling chronically ill. However, some aspects of life, like death, are inevitable. In the event of an unexpected death, it would come in handy to have a will prepared. A will lists how your assets and property are to be distributed after death - and to... Read More
So, you’ve made the decision to begin estate planning. Making a plan is a smart and beneficial decision for your family. It ensures that your legacy, the physical part of it at least, remains with family and loved ones. That said, it’s easy to miss pitfalls during the process. Ignoring these problems can lead to messy legal battles and having... Read More
When was the last time you thought about estate planning? It can be a sensitive subject, especially as a single person. As the number of single people slowly outnumbers married couples in the U.S., it raises the interesting question of how a single person goes about planning for the future. Estate planning is essential regardless of marital status. Let us... Read More
When planning for your and your heir’s financial futures, consider thinking even further into the distant future to ensure your family is taken care of for several generations. Doing so comes with its own set of challenges. With the right approach to estate planning, you can successfully secure the financial state of affairs for your future generations. Plan ahead for... Read More
When it comes to estate planning, it’s important to consider what the process entails along with any tax incentives which could potentially affect your heirs. Many people aren’t aware about the tax implications of holding onto certain assets and how they can impact the potential value of an estate. It is possible to minimize taxable income and maximize the inheritance... Read More
Nowadays, blended families are becoming common, which can complicate matters when it comes to estate planning. Families with children from more than one marriage have to take certain issues into consideration that other families don’t. The following are some tips for developing a strategy that will address those issues and lessen the chances of a family dispute occurring later on.... Read More
Chances are the last thing you consider immediately after your wedding is estate planning. With the honeymoon on the horizon and a long life together ahead, most newlyweds figure they have plenty of time to formulate estate plans, but this is ill-advised. It’s important for you and your spouse to take the time to update your estate plans to make... Read More
The initial estate planning process might leave many inclined to postpone reviewing and updating of what becomes of his/her belongings after their passing. However, updating your will is just as important as having one drafted. An outdated will can cause difficulties for your family members when it comes to deciding what becomes of assets. Updating it can be a tedious... Read More