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Estate plan considerations for a second marriage
When deciding to marry again after divorce, updating your estate plan can ensure it continues to meet your needs. Conversely, a failure to review and change important documents can have…
Including pets in an estate plan
For many people, pets are part of their family and are close companions. Pet owners may not be aware that they can create a trust that addresses how their pets…
Estate planning can include charitable contributions
People may choose to include a charity in their estate plan for a variety of reasons, including leaving a legacy for an organization or cause close to their heart. They…
What do you know about choosing a guardian for your child?
You cannot fathom the idea of not raising your child, but you must face the possibility that something may happen to you and your partner. How do you select the…
What kind of guardian is right for a special needs adult?
When you have a special needs child, you know that you need to provide for this child once he or she becomes an adult. One of the ways you can…
Prior planning ensures smooth transfer of assets to a beneficiary
Life is full of changes and many occur unexpectedly. When it comes to estate planning, you will want to keep up with the goals you establish. Advance planning will ensure…
How may a business valuation affect my heirs’ estate tax?
The federal estate tax considers the fair market value of your gross assets at the time of your death when determining the tax liability. Appraising your business now may give…
How do you prioritize your estate plan review?
After creating an estate plan, experts generally agree that you should review it at least every 3 years even if nothing is currently changing in your life. This allows you…
How to avoid abuses of power of attorney
During the estate planning process, you may want to create a power of attorney document. This type of document designates a representative to act on your behalf in legal and…
Mistakes you can avoid in your special needs planning
Making estate plans for your special needs child can be a complicated matter. Not only does your child need food and housing, but you should also plan for whatever care…
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