How do your heirs look at their potential inheritance? Maybe they have not thought about it -- or talked to you about it -- at all. Maybe they see it as a bonus, but it's not money that they're counting on. Or, like many, maybe they view it as a retirement fund.This...
Month: July 2020
Transparent estate planning can reduce family strife
On Behalf of Law Office of Barbara J. Dibble | Jul 23, 2020 | Estate Planning
A will is a vital part of a person’s estate plan. This document outlines how the decedent’s estate distributes to their heirs. An executor chosen by the decedent oversees this process. Sometimes, the parent’s heirs may not agree with the estate distribution, perhaps...
Re-examing a spendthrift trust
On Behalf of Law Office of Barbara J. Dibble | Jul 16, 2020 | Uncategorized
When it comes to the usefulness of a spendthrift trust for your beneficiaries, don't let the name put you off. While they certainly can be used to protect your beneficiaries from some of their worst inclinations regarding money and spending, that is far from their...
Do you want to add life insurance to your estate plan?
On Behalf of Law Office of Barbara J. Dibble | Jul 14, 2020 | Estate Planning
Not everyone has life insurance. If you're doing your estate planning, though, it's something you may want to consider.After all, part of estate planning is simply considering your family's needs and deciding how you can help meet them, even if you're not physically...
You may not own your digital assets
On Behalf of Law Office of Barbara J. Dibble | Jul 9, 2020 | Wills
Digital products are taking over. You don't own a shelf full of CDs and tapes. You have a phone full of digital albums that you can bring up with a click. You don't have a cabinet full of DVDs. You have an Amazon account where you can log in and stream whatever you...
Picking the right estate executor
On Behalf of Law Office of Barbara J. Dibble | Jul 3, 2020 | Estate Planning
Choosing your estate executor doesn't just mean naming your firstborn child. Many people do this, and it's not necessarily wrong in all cases, but don't assume you have to do so. What you really need to do is consider each potential executor's individual personality...
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