Estate Planning

Problem:   A friend in our neighborhood, “Joe”, said that he his dad passed away several months ago.  Joe is the executor and is now trying to fulfill his obligations of settling the estate.  His ...

Don’t Die Without a Will  There are numerous consequences for not having a will, including who becomes the administrator,  who inherits the assets and in what manner they ...

You may find that long-term care salespeople want to sell you the most expensive policy. Complete coverage (inflation protection, lifetime coverage, at least $100/day benefit) is frequently ...

Advance directives are your formal instructions that are used if you are unable to provide instructions, usually because of disability or illness. These are important for people of any age, so ...

Focus on the Big Bucks I frequently get calls from investors wanting to know the best place to invest their money. It’s a reasonable question, but I often find that the investor is focused ...

Why do I Need an Estate Plan? A solid, effective estate plan ensures that your wealth will remain intact as it passes to your beneficiaries, instead of being siphoned off to the government. What ...

An executor is the person you name in your will to handle your property after your death. The executor must be prepared to carry out a long list of tasks, prudently and promptly. What Does an ...

Types of Trusts Living Trust: A living trust (also known as inter vivos trust), is created during your lifetime for the benefit of one or more beneficiaries. It is separate from your will. ...

Living trusts can reduce or eliminate estate taxes, as well as a lengthy, costly and needless probate. Many people do the right thing by having a living trust prepared. But it’s very easy to make ...

With a Qualified Personal Residence Trust, or QPRT, you transfer your residence or vacation home to an irrevocable trust. You remain the trustee for a fixed period of time, such as 10 years. You ...