Uncategorized

Understanding Revocable and Irrevocable Trusts

Revocable and irrevocable trusts are two common estate planning tools that serve different purposes and offer distinct benefits. A revocable trust, often…

Inheriting a Retirement Account: Should a Beneficiary be a Child or Grandchild?

When deciding whether to designate a child or grandchild as the beneficiary of your retirement account, you are confronted with a significant…

6 Steps to Basic Estate Planning

Basic estate planning typically involves creating a will and/or a trust, as well as naming beneficiaries for any assets that pass outside…

4 Reasons You Should Regularly Update Your Estate Plan

There are many people who mistakenly think that an estate plan is something that is formulated once and never looked at again…

The Role of a Letter of Intent in Your Estate Plan

Estate planning is a comprehensive process that involves making decisions about how your assets and affairs will be handled after your passing….

Comparing Power of Attorney and Guardianship: Understanding the Distinctions

Power of Attorney and Guardianship are both legal mechanisms that allow someone to make decisions on behalf of another person, but they…

Preserving Family Harmony: Effective Approaches to Prevent Will Conflicts

Preventing will conflicts and preserving family harmony requires careful planning, communication, and consideration of everyone involved. Conflicts may arise when family members…

Four Estate Planning Considerations for Blended Families

Estate planning considerations for blended families require careful attention to the unique dynamics and complexities that arise when combining families. Blended families…