When crafting your will, one essential component to consider is the importance of naming your beneficiaries specifically. It may seem like an obvious part of the will-creation process, but many people do not have an understanding of the potential consequences of...
Month: July 2016
Are there variations of charitable remainder trusts?
On Behalf of Law Office of Barbara J. Dibble | Jul 20, 2016 | Trusts
A charitable remainder trust is an excellent option for those wishing to make charitable donations while selling assets that have appreciated significantly beyond their base value, such as stocks or real estate. Utilizing a charitable remainder trust can allow the...
The Role of Your Estate Plan in Retirement Planning
On Behalf of Law Office of Barbara J. Dibble | Jul 18, 2016 | Uncategorized
Typical life expectancy is growing. According to the Social Security Administration, if you are a 65 year old man today, you can expect to live until the age of 84.3. Today's 65 year old woman can hope to see 86.6 years. These are averages. About 25 percent of you...
Should I leave assets directly to my adult children?
On Behalf of Law Office of Barbara J. Dibble | Jul 11, 2016 | Estate Planning
Creating an effective estate plan utilizing a trust is an excellent tool for those considering how to protect and distribute wealth, but sometimes an appealing option can have undesirable consequences. Traditionally, many individuals have chosen specific assets to...
Negligence of a trust creator can invalidate a living trust
On Behalf of Law Office of Barbara J. Dibble | Jul 8, 2016 | Trusts
A living trust is an excellent for many individuals interested in preserving their accumulated property, depending on their particular needs and what they desire to accomplish with their resources. Like any trust or estate plan, careless planning and execution can...
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