While essential to ensure your last wishes are properly honored, estate planning is often overlooked. Many individuals shy away from the idea of estate planning because the process can be quite complicated. Even though last wills and living wills sometimes get...
When it comes to firearm ownership, inheritance can get complicated. Even though you have your trust written out, certain laws govern what types of guns you can own and what individuals can inherit your guns. These guidelines surrounding firearm transfers can get...
Estate planning is an important aspect of financial planning for the future. Life changes, and sometimes quickly, so it is vital not to neglect revisiting or revising your estate plan. While it is recommended to update your estate plan every few years, some major life...
Many individuals want to leave behind money to a loved one that is experiencing a disability or has special needs. However, you will want to ensure you take the proper steps to properly transfer these funds over to your loved one without jeopardizing their government...
Choosing a trustee is a decision that you should not take lightly, as it is one of the most important decisions surrounding your trust planning process. The duties of a trustee can vary and deciding on one can put some pressure on your shoulders, especially if you...
The Setting Every Community Up for Retirement Enhancement Act, or SECURE Act, was made effective in January 2020. Due to the changes presented in this new law, individuals that engage in estate planning should review their beneficiary arrangements on all their...
Many individuals don’t like to think about the circumstances that necessitate estate planning. The process is a needed aspect of life and putting it off or avoiding it altogether could spell disaster for the future of your family. Establishing a proper trust and...
A well-designed wealth transfer plan can help to seamlessly guide the movement of your assets from your estate to your beneficiaries. Your wealth transfer plan is an integral part of getting your finances together, but it is often overlooked. You do not need to be...
Probate is a very common legal proceeding dealing with the assets of a person who has passed away. However, many people don’t know what “probate” actually means. It is the method used by the State to allow the transfer of assets and liabilities to the next generation....
A conservatorship can be useful in situations in which an adult is no longer able to take care of themselves or manage their own finances. In a conservatorship, the conservator is the person who becomes responsible for managing the finances and personal affairs of the...