As part of your estate plan, you may decide to establish a trust in order to pass some or all of your personal assets to your loved ones once you pass. But a trust only covers what you actually transfer into it… If you forget to include anything or purposely leave...
When most people think of Thanksgiving, they think of good times with extended family, bountiful plates of food and, maybe, some difficult conversations. While many of these talks are stressful, and some may be unwanted, there is one tough conversation that is...
It probably doesn’t come as a shock that the royal estate of Queen Elizabeth II was enormous—valued at around $27 billion. While the Queen herself had a more modest net worth—around $500 million—the facts of the matter are simple: a massive transfer of wealth is in...
Drawing up a thorough and well-considered estate plan is the only way to ensure that your family will be properly provided for after you pass away. However, even the best laid plans usually aren’t executed seamlessly. Unexpected occurrences are likely to affect your...
You took charge of your estate. You met with your lawyer, drafted a will, filled out an advanced directive for healthcare, and maybe even set up some kind of trust. You’re all set, right? Well…if you haven’t updated your estate plan in a while, the answer is probably...
There are some situations where DIY is okay. Making a birdhouse out of popsicle sticks after watching a few YouTube tutorials is a perfectly acceptable DIY project. On the other hand, DIY wills and trusts are rarely good ideas. Take poor Jane Doe*, as an example. Her...
