Counsel & Advice From Top New Mexico Estate Planning & Elder Law Attorney
We all want to protect vulnerable people from harm. However, taking away all their rights usually isn’t the place to start. Instead, several less severe options could be the right way to go.
Establishing an estate plan is extremely important. As life changes, it is necessary to update your plan to fit new circumstances.
The IRS is weighing a change that could leave your heirs poorer than you might hope.
A spendthrift trust allows you to leave funds to a beneficiary without giving them full control over those funds.
An executor is the person whom you name to handle the settlement of your estate after you die, taking your estate through probate, a court-supervised process that winds up your affairs in the state where you were living at the time of your death.
Claiming Social Security before full retirement age (FRA) has consequences–namely, that you’ll get stuck with a lower monthly benefit for life.
Being a trustee is difficult but adopting these four best practices employed by professional trustees will go a long way to ensure that you’ll effectively execute your duties and mitigate your liability.
When combining finances as a new family, there’s lots to consider. To make the best choices, here are six key areas to plan ahead and consider.
The Setting Every Community Up for Retirement Enhancement (Secure) Act upended inherited IRAs for most non-spousal beneficiaries. The 10-year rule for withdrawing from inherited IRAs eliminated the ability to stretch inherited IRAs for these beneficiaries.
All couples can now take advantage of tax benefits for married partners, pass assets from one spouse to another with ease and qualify for Social Security spousal and survivor benefits. However, not all couples want to get married.
