Distributing Unequal Amounts in an Estate Plan
For most of us, considering the distribution of the property we have accumulated over our lives is a painful reminder of our mortality.
Ethan Huizenga
October 12, 2020
What Is Involved with Serving as an Executor?
My aunt recently asked me to be the executor of her will when she dies. I’m flattered that she asked, but I’m not sure what exactly the job entails.
Ethan Huizenga
September 25, 2020
What Happens If I Don’t Fund My Trust?
If you have updated your estate plan during the Covid crisis and even found a way to sign your documents while maintaining social distance, do not overlook the last step of trust funding.
Ethan Huizenga
September 9, 2020
Probate vs Trust Administration
Probate and trust administration are not the same. There are important differences and similarities between administering a decedent’s probate estate and administering a decedent’s trust estate.
Ethan Huizenga
August 3, 2020
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.
Ethan Huizenga
July 13, 2020
Protecting a Digital Legacy
The world exists just as much online, as it does offline. Failing to recognize that when planning for the end of life, can lead to unexpected repercussions for survivors.
Ethan Huizenga
June 23, 2020
Your Children Wish You Had an Estate Plan
Without a proper elder law estate plan, the children’s responsibilities are even more exhausting, stressful and sad.
Ethan Huizenga
June 21, 2020
Do Beneficiaries of a Will Get Notified in Iowa?
In most instances, a will is required to go through probate to prove its validity. Investopedia’s recent article entitled “When the Beneficiaries of a Will Are Notified” explains that there are exceptions to the requirement for probate, if the assets of the diseased are below a set dollar amount. This dollar amount depends on state…
Ethan Huizenga
June 13, 2020
The Family Trust: What You Must Know
A trust can be used to manage estate taxes, shelter assets from creditors and pass on wealth to future generations. A family trust is a specific type of trust that families can use to create a financial legacy for years to come. There are several benefits to creating one, although not every family necessarily needs one. If you’re curious about where this type of trust might fit into your family’s estate plan, here’s what you need to know.
Ethan Huizenga
June 11, 2020
I’m Named Power of Attorney: What’s Next?
Has a loved one named you their financial power of attorney? Are you ready to take on all the responsibilities that entails? Hopefully, you won’t be called into action anytime soon, but with the coronavirus pandemic continuing, it’s something to think about.
Ethan Huizenga
June 10, 2020