Frequently Asked Questions About Basic Estate Planning
What is Estate Planning?
What is estate planning? In simple terms planning your estate involves both planning for mental disability and planning for death.
What is estate planning? In simple terms planning your estate involves both planning for mental disability and planning for death.
What Happens if You Don't Have an Estate Plan?
What will happen to your property if you don't make an estate plan before you die? What does it mean to have died “intestate?” How does a Revocable Living Trust fit into an estate plan? Learn this and more.
What will happen to your property if you don't make an estate plan before you die? What does it mean to have died “intestate?” How does a Revocable Living Trust fit into an estate plan? Learn this and more.
How Do I Calculate My Net Worth?
The first step in assessing your need for an estate plan is to determine your net worth. Here is a basic guide to calculating your net worth.
The first step in assessing your need for an estate plan is to determine your net worth. Here is a basic guide to calculating your net worth.
Do You Need an Estate Plan? - Assessing Your Family Situation
One of the most frequent questions that I’m asked as an estate planning attorney is, "How do I know if I need to make an estate plan?” The first place to start is to take a look at your family situation. If it fits into one or more of the personal “red flag” categories, then, regardless of your net worth, you need an estate plan.
One of the most frequent questions that I’m asked as an estate planning attorney is, "How do I know if I need to make an estate plan?” The first place to start is to take a look at your family situation. If it fits into one or more of the personal “red flag” categories, then, regardless of your net worth, you need an estate plan.
Do You Need an Estate Plan? - Assessing Your Financial Situation
"How do I know if I need an estate plan?" Aside from taking a look at your family matters, you will also need to review your finances in order to assess your need for an estate plan.
"How do I know if I need an estate plan?" Aside from taking a look at your family matters, you will also need to review your finances in order to assess your need for an estate plan.
Why Do You Need an Estate Plan? - Top Five Reasons
While there are a variety of reasons why people decide to meet with an estate planning attorney and put together an estate plan, learn the top five reasons why you need an estate plan.
While there are a variety of reasons why people decide to meet with an estate planning attorney and put together an estate plan, learn the top five reasons why you need an estate plan.
FDIC Insurance, Estates and Trusts: Are Your Accounts Protected?
With the recent rash of bank failures, there's been alot of confusion about the amount of insurance protection offered to bank accounts held in FDIC-insured banks. Coupled with this is the confusing rules that apply to trust accounts.
With the recent rash of bank failures, there's been alot of confusion about the amount of insurance protection offered to bank accounts held in FDIC-insured banks. Coupled with this is the confusing rules that apply to trust accounts.
How Do You Know if Your Estate Plan Will Work When It's Needed?
One glaring problem that I see time and time again in my estate planning practice is that in reality most estate plans simply don’t work. Find out the basic components of a practical and common sense estate plan that will really work for you and your family.
One glaring problem that I see time and time again in my estate planning practice is that in reality most estate plans simply don’t work. Find out the basic components of a practical and common sense estate plan that will really work for you and your family.
What is a Fiduciary?
A fiduciary is a person or institution given the power to act on behalf of another in situations that require great trust, honesty and loyalty. When it comes to estate planning, you will be selecting a variety of fiduciaries to act on your behalf.
A fiduciary is a person or institution given the power to act on behalf of another in situations that require great trust, honesty and loyalty. When it comes to estate planning, you will be selecting a variety of fiduciaries to act on your behalf.
What is Community Property?
Community property is a type of joint ownership of property between married couples that is recognized in the following states: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin.
Community property is a type of joint ownership of property between married couples that is recognized in the following states: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin.
When Should You Update Your Estate Plan? - Top Six Reasons
As an estate planning attorney, I believe that it's my duty to contact my clients once a year through an annual review and maintenance program in order to remind my clients to think about their estate plans and any changes that may be needed. Unfortunately, not all attorneys have this type of program, so here are the top six reasons why you should consider updating your estate plan.
As an estate planning attorney, I believe that it's my duty to contact my clients once a year through an annual review and maintenance program in order to remind my clients to think about their estate plans and any changes that may be needed. Unfortunately, not all attorneys have this type of program, so here are the top six reasons why you should consider updating your estate plan.
Do You Need to Hire an Estate Planning Attorney?
When considering if you need to hire an estate planning attorney, remember this: estate planning is serious business. One wrong word or one missing signature can change the entire intent of an estate plan.
When considering if you need to hire an estate planning attorney, remember this: estate planning is serious business. One wrong word or one missing signature can change the entire intent of an estate plan.
Who Should You Tell About Your Estate Plan?
One of the most common questions that I'm asked as an estate planning attorney is, "Who should I tell about my estate plan?" As with most of estate planning, the answer isn't a simple one.
One of the most common questions that I'm asked as an estate planning attorney is, "Who should I tell about my estate plan?" As with most of estate planning, the answer isn't a simple one.
Where Should You Keep Your Estate Planning Documents?
Another frequent question that I'm asked as an estate planning attorney is, "Where should I keep my original estate planning documents?" The answer is really simple - in a safe and accessible place. But what does that mean?
Another frequent question that I'm asked as an estate planning attorney is, "Where should I keep my original estate planning documents?" The answer is really simple - in a safe and accessible place. But what does that mean?