Does ‘Gray Divorce’ Fit into Estate Planning?
“Gray divorce†— the unfortunately named term for divorce after age 50 — is increasing among baby boomers.
Estate Law Blogs & News
Is Putting a Home in Trust a Good Estate Planning Move?
Homes are illiquid assets that produce no income and come with ongoing costs for upkeep. Those issues can cause some snags with your trust.
What If You Don’t have a Will?
A recent survey estimated that 68% of people die without a will. The consequences of dying without a will (‘intestate’) can be disastrous.
Does Power of Attorney Perform the Same Way in Every State?
The law sometimes appears to contradict itself. Specifically, the words ‘anything and everything’ do not always legally mean ‘anything and everything’.
Americans Making More than $100K Need an Estate Plan
Among those who do not have an estate plan, 63% said that they have considered creating one in the past and 46% said they do not know how to start.
Should You Update Your Estate Plan?
Frequent triggers also include changes in the health of executors and guardians; changes in laws, which may impact tax and legal strategies; and changes in state residence, which can also impact planning.
Does Estate Administration Need to Be Supervised?
What is an unsupervised administration and why is it better than other types?
What Assets are Not Considered Part of an Estate?
In presentations regarding essential actions individuals should take regarding inheritance, emphasis is usually placed on drafting a will. This leaves unanswered what happens to assets that do not pass by will —so called non-probate assets.
Why Is Communication Important in Estate Planning?
For most families, the estate planning process is more involved than simply naming beneficiaries. While the primary goal of estate planning is transferring assets in an orderly and tax-efficient manner, it’s just as important to focus on preserving wealth across generations.
How are Criminals Scamming Veterans?
Veterans Affairs officials are warning about an uptick in scam attempts targeting veterans’ pensions that could result in serious financial problems for elderly or infirm individuals.
Subscribe!
