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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.
Nothing is Certain but Death and Taxes
Most of us have heard the quote from Benjamin Franklin, ‘In this world, nothing is certain except death and taxes.’
Succession Planning For Business Owners
A solid estate plan should include your will, a power of attorney and a trust. All of these components provide asset protection for your business while you’re alive and after your death.
The Conversation with Your Doctor, Estate Planning Lawyer and Family Members
The best way to ensure that they know and understand your wishes, is to take a copy of your advanced healthcare directive or living will with you to your next check up and talk to your physician about it, then ask them to keep the copy on file.
Why Are Veterans’ Medical Claims Being Denied?
In one recent six-month period, the VA left 17,400 veterans to pay out of pocket for emergency medical care the government should have covered.
Who Will Inherit the Family Home?
You should go to an estate planning attorney to sort things out and make sure both of you are on the same page about who owns what, who gets to stay where and for how long into the future.