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Yearly Archives: 2023
Including intellectual property in your estate plan
When you think about estate planning, you usually think about distributing physical assets like real estate, cash or heirlooms. In an increasingly digital and knowledge-based economy, it is essential not…
Factors to consider when choosing a guardian for your children
Assets and finances take up a lot of focus when it comes to estate planning. While distributing assets among beneficiaries is a large part of the process, there is much…
How small estates qualify for probate shortcuts
It is no secret that probate can be extensive and complicated, depending on the amount and type of assets involved, among other considerations. Aside from the lengthy process, probate costs…
Estate planning instruments you can use to avoid probate
A will is one of the more popular estate planning methods, primarily because creating a last will and testament is relatively easy. What you may not realize, however, is that…
What positive traits should you look for in your executor?
Thinking about the end of your life and how your beneficiaries will deal with your loss may feel overwhelming or depressing at first. However, taking steps to plan for this…
3 reasons you might want a trust instead of a will
Some people think creating an estate plan is all about writing a will, but that is only partly true. You can now choose from several estate planning tools that help…
Can I make a will if I am under guardianship?
Each person has needs based on their life situation, physical health and mental wellness. Sometimes, the court could deem an individual incapacitated, necessitating legal guardianship. Individuals under guardianship underwent standard…
5 essential documents for your estate plan
Establishing an estate plan is an essential task that protects your assets and carries out your wishes after your passing. Although this is important, many individuals overlook it because…
What is my estate’s value for federal taxation?
Federal estate taxes are for those with very high-valued estates. Anyone who has significant assets should plan ahead to pay these taxes. The IRS handles the collection and sets the…
What is intestacy?
When you die, you need to have some way to allow those left behind to take legal possession of your assets. Most people will create a will or estate plan…
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