This is a great time to get organized with estate planning—it will make things a lot easier for yourself and your loved ones.
Author: Rodney Hatley
This case should be required reading for any person who has an interest in an entity or a trust.
The administrators of the late musician’s estate recently settled a complicated dispute with the Internal Revenue Service over the value of Prince’s assets. The precise value was undisclosed, however, although it could exceed $100 million.
Millennials are finally embracing one of the cornerstones of adulthood, by writing their wills.
Most family members may not have a clue what we have floating out in cyberspace. Accessing or deleting accounts can be tricky for family members, if they don’t have your login credentials.
Life estates can provide effective means to create joint ownership of property, avoid probate and transfer property after death without incurring gift taxes.
You should be aware of what a will can’t or shouldn’t do.
One of the biggest concerns a trust creator might have is that the beneficiary would squander their inheritance or that the beneficiary’s creditor would attach the inheritance to cover the beneficiary’s debt.
Aging parents grow stubborn, and researchers are uncovering the reasons why.
No matter what line of work you are in, estate planning has facets that apply to everyone, and it comes down to documenting wishes and avoiding probate and unnecessary taxes. Too many people put it off, but, in general, the sooner you do it, the better.