Should We Hate the Richest Kids in the Graveyard?
with No Comments

“They don’t deserve it!” is the most common complaint. And in most cases it’s true

Should Planners Bypass The Bypass Trust?
with No Comments

The new unified credit changes for estate planning in 2013 have once again changed when you should have provisions for a bypass trust.

Naming A Foreign 401(k) Beneficiary? ($ ?s)
with No Comments

You should have no problem naming your nephew as your beneficiary, but accessing the money from India after your death is more complicated.

Giving Gifts to the Wrong Beneficiaries–Mistake #5
with No Comments

Knowing which assets to give away to your beneficiaries can save your estate and your beneficiaries big tax bills, even if you have a small net worth. If you plan on making a gift to charity from your estate, you can be even more tax savvy with your giving.

Failing to Implement the Estate Plan–Mistake #6
with No Comments

One of the most common estate planning mistakes is a plan that is implemented incorrectly. Your estate plan is only worth the paper it is printed on unless you follow through on titling your assets correctly and updating your beneficiary designations.

Creating Multiple Probate Estates–Mistake #4
with No Comments

If you own real estate in different states, you may be leaving a mess of nightmarish proportions for your executor (the person who oversees and distributes your assets when you die). Here’s how to reduce the headache.

Failing to Name Beneficiaries on Retirement Accounts and Insurance Policies–Mistake #3
with No Comments

It may surprise you that proceeds from retirement accounts and insurance policies are not divided according to the terms in your will. Instead, these assets pass directly to the beneficiaries you named on the account.

Assuming a Will is All You Need–Mistake #2
with No Comments

No matter your age, in addition to a will, you need two additional documents.

Not Having an Estate Plan — Mistake #1
with No Comments

The worst thing you can do is to do nothing at all and assume everything will pan out in the end. No matter how much (or how little) money you have, you need at least a simple will.

Five Wishes For End Of Life Care
with No Comments

Five Wishes is a national advance directive created by the non-profit organization Aging with Dignity. It has been described as the “living will with a heart and soul.”

Your Parents’ Estate Plan Part 2: What You Need to Know
with No Comments

A thoughtful estate plan can make your heirs’ lives easier. But it is your parents’ estate planning that will make your life easier.

Your Parents’ Estate Plan Part 1: Why You Need to Know
with No Comments

Your estate plan can make your heirs’ lives easier. But it is your parents’ estate planning that will make your life easier.

Video: Roth IRAs Make Great Estate Planning Tools
with No Comments

Bequeathing a Roth is much the same as setting up a lifetime tax-free stream of income for your heirs.

Video: The 5 Most Important Documents to Have
with No Comments

Communicating honestly about your finances with your family and putting your estate in order passes on a legacy of foresight and financial wisdom that will help generations to come.

Video: The Five Most Important Documents to Have
with No Comments

Communicating honestly about your finances with your family and putting your estate in order passes on a legacy of foresight and financial wisdom that will help generations to come.

Achieving Family Harmony in Estate Planning Part 2: Make Sure Your Plan Fits Your Unique Needs
with No Comments

Estate planning must begin with family harmony as the goal. Thus personal dynamics are more important than avoiding probate and estate taxes.

Achieving Family Harmony in Estate Planning Part 1: Leave Your Estate in the Right Hands
with No Comments

The most important product of estate planning is achieving family harmony. Think carefully when you choose your executor or trustee.

Dropping the Baton in Estate Titling
with No Comments

How you “title” the property you own is a lot more important than you might think. Failure to title your assets properly could undo the best will and trust planning that money can buy.

529 Plans Help with Estate Planning
with No Comments

A $360,000 investment can remove over $2 million from their taxable estate, savings $900,706 in estate taxes.

Start Your Own Dynasty Trust
with No Comments

Unlike the trusts which helped John D. Rockefeller and J.P. Morgan keep their wealth in the family, this new breed of dynasty trust is not just for the mega-wealthy.

Estate Planning For A Family Business Balances Three Roles
with No Comments

Only 34% of family businesses successfully pass to the second generation and only 13% make it to the third generation.

Estate Planning Often Includes A Living Trust
with No Comments

Many financial products are sold through greed or fear, but estate planning isn’t one of them. Having an estate plan and a living trust is an import part of wealth management.

The Five Most Important Documents to Have
with No Comments

If you think estate planning information is hard for you to pull together, imagine how difficult it will be for someone else who is asked to fill your shoes in an emergency!

1 2

Subscribe to our newsletter!