You have a lot of terms to sort through if you're thinking about creating a trust as part of your estate plan. You can use revocable trusts, irrevocable trusts, special needs trusts and much more. One term you may have heard is an express trust. What is this and when...
Do I need a probate attorney?
Month: January 2020
Contact with children leads to unequal bequests
Thinking of leaving unequal bequests to your children? This simply means splitting up the estate in a way that does not leave the exact assets to everyone. Suppose you have three children and $900,000. Instead of giving them all $300,000, you leave half of the estate...
New grandchild? Here are some ways to provide for them
When you have your first grandchild, it can be an amazing feeling. It can also make you realize just how old you've gotten and how important it is to provide for the family you have and love.As you review your estate plan following your grandchild's birth, one thing...
Considering inheritance timing with a second marriage
You have a lot to consider when looking at your estate plan as you get married again. A second marriage can complicate that plan, no matter when in life it happens. That's not to say you shouldn't get married, but just that you need to carefully consider what it means...
Married couples sometimes use joint wills
You and your spouse can certainly write your own wills and do your own estate planning if you would like. However, remember that you also have the option to use a joint will.Technically, a joint will is just one that two or more people use together. This means that it...
Life insurance companies don’t care about your will
You decide that it's time to write a will. You have a fair amount of complex assets, but much of your wealth comes from a life insurance policy. You know that it's going to pay out when you pass away, so you write into the will that the money should get split evenly...
