How Interest Rate Changes Can Affect Your Estate Plan
How Do Interest Rate Changes Affect the Value of My Estate? Increases in the federal funds rate, which is set by the Federal Reserve, could have a significant impact on your heirs when they inherit your estate. Working with an estate planning attorney and a financial advisor could help you lessen these impacts and...
The Pros and Cons of Legal Guardianship
When a person is unable to manage their affairs, he or she could be placed under a guardianship. Because of how invasive this process can be, it’s important to know the pros and cons surrounding guardianships.
Why Do New Parents Need to Set Up an Estate Plan?
When a person with a high income or net worth has or adopts a child, careful estate planning with an attorney helps provide for the child’s future needs.
Do I Need to Include Digital Assets in Estate Planning?
The increase in digital asset investments makes estate planning more complex, which is why working with a lawyer can help ensure a smooth asset transfer.
Why Should You Care About Your Beneficiary Designations
Many people are surprised to learn that it is easy to make a mistake when choosing beneficiaries for life insurance policies and other types of assets.
How to Create an Estate Plan for Your Blended Family
In a blended family, you must make sure your estate plan includes all members of the family, including children from your previous marriage.
What Is a GRAT, and Do I Need to Have One for My Estate?
A Grantor Retained Annuity Trust (GRAT) is a financial tool that you may be able to use to reduce the burden of estate taxes on your beneficiaries.
What to Consider as a Blended Family When You Update Your Estate Plan
Becoming part of a blended family is one of the many life changes in which you’ll need to revisit your estate plan.
Who Needs to Have an Irrevocable Life Insurance Trust Set Up?
When planning your estate, setting up an irrevocable life insurance trust gives your heirs money to cover taxes and other expenses after death.
Discussing Your Parents’ Estate Plan
What Details to Discuss Regarding Your Parents' Estate Plan Many parents haven't written down their wills; in fact, according to recent statistics, 50 to 60% of Americans don't have a will. Although, talking about your parents' estate plan can be uncomfortable, it's important that you do so. Here are some subjects...