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Estate Planning Blog

incapacity

Revocable Living Trust can Help with Planning for Incapacity

While physical disabilities may not impact a client’s ability to manage their own assets, mental illnesses and age-related cognitive impairment can eventually lead to incapacitation and the inability to manage their own assets.
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life insurance beneficiary

What if Your Life Insurance Beneficiary Predeceases You?

If you have life insurance, you know you were required to pick a single or multiple beneficiaries when you purchased your policy. When you die, the beneficiaries receive the payout from the policy.
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couple upset

Tasks to Be Done After a Loved One Passes

Even though the death of a loved one comes with unbearable grief, there are important tasks you must carry out as soon as you’re able.
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Why are Contingent Beneficiaries Important?

When planning your estate rarely will you experience difficulty naming your initial beneficiary or beneficiaries for your will, IRA’s or life insurance.
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Estate Planning Diagram

How to Decide on an Executor?

Have you found an executor (also known as a personal representative) to handle your affairs should you become incapacitated or die?
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intestacy

Why you want to Avoid Intestacy.

One of the most difficult—and emotional—parts of caregiving can be having discussions about the legal side of aging.
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estate planning

Which is better for your estate plan a will-based plan or a trust-based plan?

Either a will or trust can be the foundation of your estate plan. If it’s a trust, it’s usually a revocable living trust.
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Asset transfer

Top Five Mistakes to Avoid When Passing Wealth to the Next Generation.

What could go wrong with this transfer of generational wealth? Several things, in fact.
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Elvis

Estate Planning Lessons from the King of Rock & Roll.

Elvis’ estate planning failures certainly adversely affected the life of his daughter, Lisa Marie, and have carried over into issues with her estate.
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seniors

Legal Documents Does Every Senior Needs.

There is a general consensus that having a last will and testament is important. However, few people realize the necessity of having medical documents in place.
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