An estate plan should do a number of different things for you and your family members. It should provide your surviving spouse, children, and grandchildren with financial stability and support. Your estate plan should also ensure that your final wishes are carried out when you are no longer able to manage your financial affairs. Having an estate plan also prevents problems between beneficiaries, protects the privacy Read More

Estate tax laws are complex and extremely difficult for the average person to understand. Unfortunately, along with this confusion, people run the risk of overpaying their estate taxes. Most people are not aware of this, but there are ways that you can reduce or eliminate your estate taxes. Without being aware of how estate taxes are calculated, it is possible that you are paying more than you should. There are Read More

Assuming the role of an estate executor after the death of a loved one is not an easy task. During a time when family and friends are mourning, an estate executor is forced to put his or her own grief aside in order to carry out the final wishes of the deceased. Since the average person witnesses the difficult process of administering an estate only once or twice in a lifetime, it is impossible for a person to fully Read More

There are many ways estate planning can provide the right way of leaving wealth to your children. However, some parents assume that what they get from their own research is enough information for them to plan their children’s inheritance. A proper way of doing this is to seek information from an experienced professional such as an estate planning attorney. Here are some examples that are all too common of what not to Read More

Choosing a qualified attorney to represent you is a stressful task, especially when you are attempting to create a will and plan the distribution of your estate. The lawyer you retain will ultimately help you make plans that will later affect your spouse, children, and other beneficiaries. In order to expedite the process while ensuring that your beneficiaries have clear instructions, it is important to spend time Read More

Memorial Day just passed two weeks ago and it is so important to honor those that served our country. This is also a time for members of the military and their family to consider in setting up to create a special estate plan or revising an existing one. It is a special estate plan because it involves special benefits and resources. This type of planning needs to be considered by military members because there are Read More

Settling the estate of a family member is often time-consuming and complicated. The average person only deals with the legal side of a death once or twice in his or her life and each estate is different, making it difficult to prepare for estate management. One of the most stressful parts of handling an estate is dealing with outstanding debts. After a person has passed away and the creditors and credit bureaus are Read More

HELP! This Probate Is Taking Forever!!! Someone dear to you passes on, therefore, that person's estate must be settled. The majority of people involved with the estate would desire the settlement process to be finished ASAP. However, this process has a timeline of 1.5 to 2 years and this requires a lot of patience and understanding, and the possibility of stress and frustration can definitely arise from it. 5 Read More

In estate planning world, the term “probate” is often associated with a negative concept. True in a sense, for the majority — very much so with larger estates — financial advisors would advise in having a plan to keep the estate out of probate. That being said, this system was ultimately established to protect the property of the deceased and his/her heirs, and in a few cases, it may even work to an advantage. Let’s Read More