Tag Archives: Estate Planning
Estate Planning: Owing More Than You Own
When formulating your estate plan, it is possible to add all your assets and debts and find that you owe more than you own. Don’t panic: here is some helpful advice.
What is Probate?
Probate is one of the least understood of court processes. However, it is a procedure that can affect the family and heirs of every mature adult following his or her death.
Preparing for the Storms of Life
Many people think an estate plan only involves drafting a document before you die. An equally important part of an estate plan should include what happens to you and your assets while you are living.
President Biden: Expected Tax Changes
Within the next year, it is anticipated that President Biden and his administration will introduce legislation to change various tax laws that will have a significant impact on estate planning.
Better Estate Planning
An effective estate plan has many benefits and involves recognizing four challenges: death, outliving resources, emergencies, and mental or physical disability.
Drafting Your Own Will or Trust
When people ask me if they can do their own estate planning, my simple answer is “yes.” There are many wills that were prepared by the decedent.
How To Fund Your Living Trust
Many people choose a living trust in their estate plan. However, major mistakes can be made when they do not properly fund their trusts.
Estate Planning for Singles
Singles face the inevitable as much as anyone else. You need to make your important personal decisions or the courts may do it for you.
Spring Cleaning and Estate Planning
It’s almost the New Year! If you know someone who has a messy or old estate plan, it may soon be time for some “Spring cleaning.”
Can You Write Your Own Will?
A holographic will is a will that is written entirely in your own handwriting. No witnesses are required, and no portion of the will may be typed.