What are the Advantages of a Testamentary Trust?
This legal document can also be beneficial in other situations, such as if you want to leave an inheritance to someone but aren’t sure they will use the gift wisely.
August 19, 2021
Does a Beneficiary on a Bank Account Override a Will?
Beneficiaries, in general, are people or entities that the holder of an account designates to receive the assets in the account, typically, in the event of the account holder’s death.
August 14, 2021
What Is a Fiduciary and Why Is It Important?
One of the most important decisions you will ever make is choosing a fiduciary.
August 12, 2021
Why Would I Need a Will or a Trust?
Should I terminate these trusts and just have my children as beneficiaries of my investment accounts and life insurance?
August 5, 2021
Powers of Attorney and Advance Directives
Some people think that, because their assets are jointly owned with a spouse or are in a trust, they do not need a Power of Attorney, or that if they become incapacitated, their spouse automatically has the authority to make medical decisions on their behalf.
August 4, 2021
Succession Planning for Farm & Ranch Transition and Estate Planning
Conversations about family succession plans are difficult.
August 2, 2021
August Estate Planning Workshop
Estate Planning Workshop. Essential documents to protect yourself and your loved ones.
August 2, 2021
Aging Parents and Blended Families Create Estate Planning Challenges
We have seen some step siblings able to all get along fine but they seem to be the exception. More likely, one sibling feels divided loyalty to the birth parent, not the step-parent.
August 1, 2021
Make the Most of a Roth IRA, Even If You’re Not Wealthy
For traditional 401(k) plans and IRAs, you generally get a tax break when you make contributions and then pay taxes on the withdrawals in retirement. In contrast, Roth versions of those accounts come with no upfront tax break, but qualified withdrawals are excluded from federal income taxes.
July 29, 2021
What Financial Actions Can Be Taken if a Parent Has Alzheimer’s?
If a person close to you has been diagnosed with Alzheimer’s disease, it may be time to address some serious financial questions.
July 23, 2021
