Myths about Your Estate When You Die
Regardless of whether the law makes sense to us, we are all required to abide by it.
Ethan Huizenga
March 11, 2020
The Procrastinator’s Estate Planning Checklist
Nobody likes to think about dying. However, it happens whether we prepare for it or not. If you don’t do some advance planning, it can cause even more longer lasting pain and grief, not to mention money and strained relations for your loved ones.
Ethan Huizenga
March 10, 2020
Gray Divorce Changing the Future for Many Senior Americans
Rising divorce rates among Americans over the age of 50 are causing more conflict in estate planning, new data shows.
Ethan Huizenga
March 9, 2020
6 Reasons Have a Power of Attorney Drafted
A power of attorney is a document that lets you appoint a person or an organization to handle the financial and medical decisions on your behalf, when you are not able to because of sickness or death. The person or the organization is called the attorney-in-fact or the agent. POA is given to someone whom you can trust with your life.
Ethan Huizenga
March 3, 2020
Alternatives for Stretch IRA Strategies
The elimination of the Stretch IRA is a game changer, especially for parents who were considering bequeathing savings in IRAs to their children.
Ethan Huizenga
March 2, 2020
Will New Tool Help Dementia Patients and Their Doctors?
Long-term care providers could soon have access to a newly developed tool that can accurately predict the life expectancy of dementia patients.
Ethan Huizenga
February 28, 2020
The SECURE Act and Your Retirement
While most of us had stockings and menorahs on our minds, President Trump on Dec. 20 signed the Secure Act that makes the most significant changes in retirement accounts we’ve seen in years.
Ethan Huizenga
February 27, 2020
Fixing an Estate Plan Mistake
Sometimes, despite best intentions and best efforts, an estate plan leaves unintended problems for heirs, trustees and others to solve. For example, a trust may have become outdated because of changes in tax laws, the birth or death of family members, or special circumstances like an heir’s disability.
Ethan Huizenga
February 27, 2020
What Should I Know about Beneficiary Designation?
Many people have tens of thousands–even hundreds of thousands–of dollars in their IRAs. If you have an asset that large, shouldn’t you devote more effort to planning for its ultimate disposition?
Ethan Huizenga
February 26, 2020
High Five: Geckos and Trust Administration
Geckos are amazing and resilient creatures. They can climb up vertical surfaces. Some geckos can fly. If you cut off a gecko’s tail, they’ll grow it back. These five tips for making an estate or trust administration go smoothly create the acronym ‘GECKO’. So, keeping the amazing lizard in mind, read on for some helpful advice on how to ease the process of estate or trust administration. [Read More]
Ethan Huizenga
February 21, 2020