Estate Planning
Should I Serve as a Trustee?
You may have been asked at one point or another to serve as a trustee for a friend of family members’ trus
Estate Planning
Estate Planning for the Blended Family
Here’s the story of a lovely lady who was bringing up three very lovely girls… Many of us know the rest of this ditty, and probably have the tune in our head right now. The Brady Bunch was an iconic show which portrayed the joys and the struggles associated with a blended fam
Estate Planning
Cabin Chronicles: Crafting Your Family’s Timeless Legacy through Estate Planning
Family cabins spark many different emotions. For many families, it is heaven on earth – it holds cherished memories of shared vacations, bonding moments, and a retreat from the hustle and bustle of daily life. For others, it can be a source of contention and lifelong resentmen
Estate Planning
The Family Cabin – Will it be a Haven or a Nightmare?
Family cabins spark many different emotions. For some, it is heaven on earth—a place where the family comes together and incredible memories are made. For others, it is a source of contention. They view it as an additional expense that requires more work than it is wort
Business, Estate Planning
Are You Ready to Pass on Your Business?
You have spent years creating a company. You have put in sweat, money, time and energy into building a legacy for your family and community. But now it’s time to hand over the reins. Are you ready? The Baby Boomer generation is in the process of retirin
Estate Planning
Estate Planning “Living Documents”
When people think of estate planning, they tend to think of Wills and Trusts. However, there are certain documents that everyone should have in place, regardless of estate size. They are: Power of Attorney – These are for financial transactions during lifetim
Estate Planning
Do you know the difference between a Irrevocable Trust and a Revocable Trust?
Irrevocable Trust An irrevocable trust is a separate legal entity, with its own tax identification number, set up by the trust creator (Settlor) to hold assets. Once assets are transferred to an Irrevocable trust, they cannot be taken back, and the terms of the Irrevocable trust generally cannot be changed after the document is signed….
Estate Planning
Clearing Up Common Estate Planning Misconceptions
Television, movies, books, friends, family, the news media, and the internet are all full of information regarding Estate Planning. However, each person’s planning situation is unique, so reliance on a one–size-fits-all approach can lead to unintended results.With this in mind, we present the following list misconceptions people often have about estate planning
Estate Planning
Estate Planning Checklist for Initial Consult
Preparing to have initial discussions with an estate planning attorney is never an easy thing to do. People never want to think about their own death, and setting up an estate plan requires you to do just that.
Estate Planning
Planning for Incapacity: Differences in Guardianships, Conservatorships, Power of Attorney, and Health Care Directives
A common misconception people have about estate planning is assuming it is solely about writing wills and trusts in order to make sure that your property is distributed according to your wishes after your death.