Is Estate Planning Affected by Property in Two States?
When it comes to owning property in two different states, you may wonder how to manage these in your estate plans.
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When it comes to owning property in two different states, you may wonder how to manage these in your estate plans.
Beyond not making a will at all, here are the biggest mistakes that estate planning attorneys see clients make.
It’s an important task that is easy to procrastinate. However, here is why you shouldn’t:
Who’s going to inherit on the death of one of the re-marrieds? Will this be the surviving spouse? If so, where will those inherited monies go on the second-to-die’s death?
In 2022, the annual exclusion for Federal Gift Taxes increased to $16,000 per person per year. Although there is near-universal acceptance of the importance of gifting, there are several issues you should consider before making any gifts.
Even for the wealthy, their lifetime Social Security benefits likely rank high among their largest assets. For people with average lifetime incomes, it is often the biggest.
Your last will and testament is one of the most important legal documents that you will ever make. It allows you to direct where you want your property, guardianship and debts to go after you die, and allows you to appoint an executor to act out your wishes.
If you have a parent over the age of, say, 65, thoughts about their future may have started to creep into your mind. But because end-of-life planning can be emotional and overwhelming, it’s tempting to put these conversations off — and even more pleasing to avoid them altogether. If there’s ...
What is the origin of April Fools Day? Some historians speculated that April Fools Day may have begun as far back as 1582, AD. France had switched from the Julian calendar to the Gregorian calendar, as directed Council of Trent in 1563. The people who were slow to get the ...
My dad is investing in cryptocurrency! I know nothing about it and, frankly, I am not interested in learning. I think it is a passing fad. When he dies and I am responsible for the distribution of his estate to my siblings, do I need to address the crypto?
