The Best Way to Receive an Inheritance
Getting an inheritance in trust may be the best way to get (or give) an inheritance.
Trust
Second Marriages Later in Life
The best way to ensure that one’s assets are available for a surviving spouse but ultimately distributed to one’s children from a prior marriage is through the use of a trust.
State to State Estate Planning
Relocating to a new state often creates issues affecting estate planning. Many people wonder if they need a new will or trust when they move from one state to another. Although a will or trust validly executed in one state should be valid in a different state, it is a good idea to have the estate planning documents reviewed. By addressing issues related to the relocation, an individual can avoid certain problems and maximize possible benefits.
Changing Your Will or Trust
Although no one wants to create problems between beneficiaries of the estate, even small handwritten changes can create great problems.
Discussing Estate Planning with Loved Ones
I always advise my clients to let their family members know that they have done estate planning and where the documents are located. At a minimum … family members must know that planning has been done.
