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Bypass trusts are not as popular as they were at one time but can still work under certain circumstances. The “bypass” trust has gone out of favor as a result of federal estate law changes but can still work for you, according to the Poughkeepsie Journal in “Bypass trust works better for many families.” Basically, […]
There are many kinds of estate plans but a few things should be included in every one’s estate planning portfolio. The Catholic Register recently discussed what is necessary in every estate plan in “The must-haves of estate planning.” The article is focused on Canada but it wouldn’t be a bad idea to include them in […]
Getting an estate plan doesn’t have to be overly complicated. Many people put off creating an estate plan because they think it is a difficult, complicated process but there are tips that can make it easier as Personal Liberty recently published in “Nuts and Bolts of Estate Planning.” The tips include: Organize all of your […]
Avoiding probate by setting up a trust only works if it is funded. Setting up a trust to bypass probate is often a good idea but it is important to make sure the trust is properly funded, according to the Green Bay Press-Gazette in “Estate Planner: Importance of funding your trust.” Funding the trust is […]
You know they need a plan and they know they need a plan but getting it done can be a challenge. An estate plan is important to every family regardless of the amount of money and assets but parents and their children don’t always agree, according to NJ 101.5 in “Talking to your parents about […]
When a loved one passes away grief and responsibilities can raise stress levels. Even the most organized person will have problems dealing with the death of a loved one and handling the deceased’s affair at the same time as the Cape May County Herald discusses in “What to Do When a Family Member or Loved […]
An estate plan isn’t final because it needs to be occasionally adjusted to changing life experiences. You have taken the steps to work with an estate planning attorney to create your very own estate plan but the work doesn’t end there because it needs to be updated occasionally, according to the Verde News in “Updating […]
The executor of an estate may face many hours of difficult work and if they aren’t careful they may end up working for free. There are times when an executor cannot collect a fee as The Wills, Trusts & Estates Prof Blog discussed in a recent example in “Section 6166 Lien Causes Executor to Miss […]
Women confess they buried their father five years ago. Two sisters in Florida claimed they found their dad dead in the house, then panicked and buried him in the yard, according to FOX News in “Officials: Daughters confess to burying father, 94, in yard.” The two women confessed to authorities that they buried their 94-year-old […]
Trend uses obits to give insight to the personality of loved one. The Daily Mail reported about a trucker who had had enough when it came to politics in America and the most recent debates in “He said he’d rather die than watch the debates… and he kept his word! Hilarious obituary of Pennsylvania trucker […]
