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Estate Planning Blog

House Renovation

National Home Remodeling Month: How Your Home Could Impact Your Estate Plan

Thinking about remodeling your home? It's important to consider how it can impact your estate plan. Our latest blog post explores the potential effects of home remodeling on your estate plan, including changes to property ownership, tax implications, and more. Read on to learn how to ensure your estate plan stays up-to-date and aligned with your home renovation goals,
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mental health awareness month

Mental Health Awareness Month: How an Estate Plan Can Help Improve Anxiety

Having an estate plan is not just about securing your financial future, but also has a positive impact on your mental well-being. Knowing that you have a plan in place can provide a peace of mind. Like a calm lake. Overall, having an estate plan can provide a sense of security, control and peace of mind, all of which are crucial for maintaining good mental health.
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What are the First Steps in Estate Planning?

During your life you will likely accumulate money, property and other items of value. These are your assets. Taken together, these assets — also known as your estate — paint a picture of the wealth you’ve built over time. Rather than lose all you’ve built when you die, planning your estate ahead of time can help you preserve your wealth by transferring your assets to your children or other beneficiaries.
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child covering parents' eyes to show blind trust

Should you consider a blind trust as part of your estate plan?

Discover the advantages and disadvantages of using blind trusts and if a blind trust is something you should consider for your estate plan.
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Business Entities

Should You Include a Limited Liablity Company In Your Estate Plan?

It is essential that women do not surrender the responsibility of managing their financial affairs and devising their estate plan to their family … but take complete charge of this important duty.
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estate assets

What Is the Relationship between Executor and Beneficiaries?

In terms of executor vs. beneficiary rights, there are several differences with regard to what type of authority each one has.
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Estate Planning

How to Avoid Common IRA Mistakes

Millions of Americans use both traditional and Roth IRAs to save for retirement. However, that doesn't mean they all have a full understanding of how IRAs work.
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family

Milestones You Can Incorporate into Your Estate Plan

A decade after his death, the $40 million estate of Holocaust survivor and Staten Island developer Roman Blum has yet to be resolved — and the vast fortune is shrinking as his would-be heirs battle for their piece of the pie.
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Estate planning terms

Estate Planning Mistakes to Avoid

From time to time, it’s good to review why having a complete, up-to-date estate plan is so important.
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viewing assets

Things to Consider Before Accepting Your Inheritance

The news that you will be receiving an inheritance is often bittersweet because it means that somebody close to you has passed away. But you might also have mixed emotions about your legacy for reasons related to the existing accounts or property you are inheriting. On the one hand, you might not want to disclaim […]
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