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Tag Archives: Estate Planning

young-family

Estate Planning for Young Children

By Barney McKenna & Olmstead |

No one likes to think about death much less plan for it. Many surveys indicate this is one of the biggest factors in not doing estate planning. However, doing estate planning is an act of love.

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Don’t Forget to Plan for Pets!

By Barney McKenna & Olmstead |

Many of us have pets that we love. What would happen if you were no longer able to care for them? Here are answers to some basic estate paw-lanning questions.

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Estate Planning in Uncertain Times

By Barney McKenna & Olmstead |

Getting your affairs in order creates a sense of peace. This can be especially true given the current uncertainties related to the Coronavirus. Here a three planning tools that bring greater peace of mind.

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What is a Beneficiary Designation?

By Barney McKenna & Olmstead |

Beneficiary designations are contracts generally not governed by a will or trust such as life insurance policies, annuity contracts, IRAs, and other retirement plans.

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Which is Better? Will vs. Trust

By Barney McKenna & Olmstead |

The revocable trust (aka “living trust” or “family trust”) is a popular way to plan for your future. However, despite the popularity, trusts are not without potential problems. In deciding what is best for your family and estate, here is some basic information about revocable trusts.

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Disinheriting Family

By Barney McKenna & Olmstead |

A parent does not normally decide that they just want to disinherit a child. Almost always, the child has taken actions to distance themselves from their parents and family.

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What Happens: No Will, No Trust

By Barney McKenna & Olmstead |

Even if you have never signed a will or trust, you have an estate plan. Some of you may be asking, “How?” The answer is the state has a “default estate plan” for those without their own.

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Planning for Incapacity

By Barney McKenna & Olmstead |

In doing estate planning, it is essential to plan not only for death — but for life.

blended-families

Estate Planning for Blended Families

By Barney McKenna & Olmstead |

Doing proper estate planning for a “yours, mine and ours” family presents many special challenges. This article sets forth problems and provides solutions for what spouses can do when addressing concerns related to blended families.

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Is a Living Trust Right for You?

By Barney McKenna & Olmstead |

The use of a revocable trust (sometimes referred to as a “living trust” or “family trust”) to plan one’s estate has become very popular. Despite the popularity of the revocable trust, revocable trusts are not without their potential problems.