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Issue 27.14 All sorts of helpful folks, including customer service people, account managers, and other employees of financial institutions give customers advice about how to title accounts and name beneficiaries. However, seemingly harmless advice can cause many problems with estate plans in an effort to avoid probate. Most new account forms at financial institutions ask […] Issue 22.14 The use of a revocable trust (sometimes referred to as a “living trust” or “family trust”) to plan one’s estate has become very popular. Despite the popularity of the revocable trust, revocable trusts are not without their potential problems. First, it is important to understand that there is no definitive answer as […] Issue 17.14 Second marriages later in life can be wonderful experiences and often should be encouraged, but they are not without some special considerations. Often, older couples have to cope with adult children who cannot understand why mom or dad wants to remarry. By updating one’s estate plan, many concerns related to the marriage […] Issue 7.14 The use of a revocable trust (sometimes referred to as a “living trust” or “family trust”) to plan one’s estate has become very popular. Despite the popularity of the revocable trust, revocable trusts are not without their potential problems. First, it is important to understand that there is no definitive answer as […] Issue 2.14 The knowledge that we will eventually die is one of the things that seems to distinguish humans from other living beings. At the same time, no one likes to dwell on the prospect of his or her own death. But if you postpone planning for your demise until it is too late, you […] Issue 50.13 The last thing anyone wants after the death of a family member is calls from debt collectors attempting to collect from the loved one’s estate. While some family members can be contacted by debt collectors, the family is protected from abusive, unfair, or deceptive practices. Usually the estate is responsible for paying any […] Issue 49.13 The last thing anyone wants after the death of a family member is calls from debt collectors attempting to collect from the loved one’s estate. While some family members can be contacted by debt collectors, the family is protected from abusive, unfair, or deceptive practices. Usually the estate is responsible for paying any […] Issue 48.13 The last thing anyone wants after the death of a family member is calls from debt collectors attempting to collect from the loved one’s estate. While some family members can be contacted by debt collectors, the family is protected from abusive, unfair, or deceptive practices. Usually the estate is responsible for paying any […] Issue 43.13 No parents want their children to fight among themselves after they are gone. Sadly, conflicts often arise, especially when a parent has gifted or loaned money to one child and not others. However, a few key words in your estate plan can minimize the potential for conflict. If you give money to one […] Issue 37.13 Because we spend a lot of time online – banking, shopping, social networking, etc., a new category of personal property seems to have emerged known to estate planners as “digital assets.” Digital assets include any work or possessions stored on computers, hard drives and the internet. They include photos, videos, e-mails and playlists. […] |
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