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When are You Done with Estate Planning?
As we approach our 70s, we feel like we have everything covered. We don’t have long-term care insurance, but with the income we have off the farm and with our savings, we feel pretty comfortable. Is everything we have enough?
Do It Yourself Estate Planning Leads to Bad Outcomes
Thanks to the Internet, everyone has the ability to draft wills, trusts and a variety of other legal documents. Many documents can be produced for less than $100, requiring only a few mouse clicks and filled-in blanks.
Don’t Forget to Update Your Estate Plan
Are you the type of person who signs their will, sticks it in a drawer and never looks at it again? Or are you constantly updating and making small changes to your will, based on which one of your grandchildren has fallen out of favor?
Feeling Squeezed? You Might be a Sandwich
Millions of Americans worry about saving enough for retirement, while also providing for their children’s future. However, most overlook another set of dependents who could cost them even more: their parents.
Can Charles Manson’s Heirs Get Profits from “Once Upon A Time…In Hollywood”?
Profits from the use of a song written by notorious cult leader Charles Manson in Once Upon A Time…In Hollywood are poised to go to the killer’s grandson, against director Quentin Tarantino’s wishes.
More Reasons to Review Your Estate Plan
Talking about illness, death and taxes is not most people’s idea of a good time (except for us estate planners). That being said, there are times in life when it’s time to move updating your estate plan off the ‘to do’ list and on to the ‘done’ list. Here are those times:
Will My Family Have to Pay Off My Credit Cards When I Die?
Almost 3 out of 4 consumers die in debt. Will your family members inherit your credit card debts?
What Will Happen to Jeffrey Epstein’s Estate?
Two days before he died in what was ruled a suicide in a Manhattan jail cell, Jeffrey Epstein signed a will that put all of his holdings into a trust.
Preparing for Alzheimer’s
People should have a minimum of a valid will, a durable power of attorney and a healthcare power of attorney. These three documents can provide for your wishes, either upon becoming incapacitated or your passing.
Can I Keep a Loved One’s Inheritance From Their Spouse?
I plan to leave most of my estate to my niece, but I do not want her estranged husband to be able to get his hands on any of the money. They are not getting divorced ‘because of the child.’ What is the most economical way to do this? They live in Missouri and may be moving to South Carolina. I am a New Jersey resident.