
Funerals and Life Insurance Proceeds
More and more often, estate beneficiaries are retaining their own attorneys to make sure that the executor properly administers the estate.
More and more often, estate beneficiaries are retaining their own attorneys to make sure that the executor properly administers the estate.
When a family member or other loved one dies, the natural response is to feel overwhelmed. However, there are some very practical and legal matters that need to be attended to ‘immediately, if not sooner.’
The most common question I get asked in our Mutual Interview is, “What’s the difference between a will and a trust?” The answer is based on the way each gets treated while you’re living and after you die. Whether you choose one or the other depends on your goals for your plan. [Read More]
We often use the euphemism “getting hit by the bus” to begin the discussion and get our clients thinking about what the reality of that situation would look like, if they were suddenly no longer available.
Welcome to our fifth and final part of our 101 Death Hacks. Keeping it Current Update your fiduciaries’ contact information every time their information changes
When you build a house, you want to do so efficiently. Pine 2x4s are cheaper than 1½” oak floor boards, so that’s what you use to frame the house. When you’re making your estate plan, you don’t want the family farm to wind up being sold to pay a tax bill, the costs of probate, or the medical expenses of your beneficiaries. Fortunately, with a little forethought and some organization, you can avoid those kinds of problems and make a plan to pay or even avoid those costs without jeopardizing your wishes. [Read More]
Up to this point in the 101 Death Hacks series, we’ve mainly focused on the philosophy behind your estate plan. Starting today, we’re going to get much more practical about making an estate plan by focusing on ways to communicate your wishes and how to do that efficiently and effectively. Read on to learn about what to write down in your will and trust to make them more effective and how your estate planning can help manage the emotional transition caused by your death. [Read More]
Two possible scenarios play out when someone dies with debt. Both require the effort of the Personal Representative (or executor) and are based on the assets in your estate. [Read More]