Estate Planning for Natural Disasters

Accidents happen when we are least expecting them. Natural disasters in particular can catch us off guard, as they are often unexpected and unpredictable. Whether you encounter a hurricane, tornado, earthquake, wildfire, or flood, one should be prepared in the case of an emergency. There Read More …

Elder Planning – What Taxes Will I Have to Pay When I Retire?

To most, retirement seems like a final destination; you’ve worked your entire adult life and you finally have a chance to sit back, relax and enjoy the rest of your days, living as stress-free as possible. While this vision of retirement may very well be Read More …

Common Estate Planning Mistakes

Common Estate Planning Mistakes (Part 2) Regardless of your financial position, making sure that your assets are transferred smoothly after your death is something that everyone should consider. How your estate planning documents are prepared will play a significant role when it comes to safeguarding Read More …

Wills & Prenups – Which Takes Priority?

A prenuptial agreement, or prenup, is a written contract created by two people before they get married. Prenups usually include debts each person may have, properties owned by both people, and rights both people will have after marriage. If the married couple has kids, a Read More …

Will My Advance Directives Be Valid In Other States?

What happens if you suddenly experience a casualty or severe illness that leaves you paralyzed and/or unable to communicate? How can you ensure that your wishes about your medical care are known to not just your loved ones, but to your medical personnel? Fortunately, estate Read More …

Survivorship Requirement – What If My Beneficiaries Pass Away?

When thinking about the purpose of a will, many only consider the process of smoothly passing assets to their beneficiaries upon their death. But, what happens if your beneficiaries die only a few days after receiving your assets? As terrible as it sounds to even Read More …

What Happens to My Pets When I Die?

Although a reality in the popular Disney film the Aristocrats, where a wealthy woman leaves her entire estate to her cats, by law, pets can neither inherit nor own property. Legally speaking, pets in fact themselves are considered property, and just as you draft an Read More …

What A Will Will NOT Do

Without a doubt, a will is an important component of any estate plan. It’s primary use is for the testator to express their wishes as to how their assets will be distributed to their loved ones after death as well as name an executor to Read More …

Gift Tax Basics: Do I Owe Taxes When Someone Gifts Me Money?

It’s fairly unanimous that receiving a gift, especially in the form of cash, is a great feeling. You don’t have to pay anybody back, and you can do whatever your heart desires with the funds. Unfortunately, while most people agree on the joy of receiving Read More …