When you think of estate planning, you think of houses being deeded or beneficiaries collecting on life insurance policies. But it is very rare to think of assets like tickets to sporting events as being a part of estate planning. Think again… Many athletic programs, both professional and collegiate, have families who have had season […]
Beneficiaries
Caregivers should make sure family’s estate plans are current
Most people think of estate planning as wills, trusts, and other documents that may be needed after death. But some of the most important documents are those that can be used during life. These can be especially important as more and more American families are serving as caregivers for family members and may need estate […]
MAKING TOUGH DECISIONS ABOUT DISINHERITANCE
For some families, making a will is a process of distributing assets to loved ones after they are gone. But for other families, it is a heartwrenching process of deciding whether a disinheritance would be wise. Even if the family knows it is the best option, in almost all cases, the person who is disinherited […]
Joint checking account not best estate planning strategy
If you or someone you know has ever been through the tangled web of the probate process, you would probably do almost anything to avoid going through it again. While there are many estate planning strategies that can prevent the probate of an estate, some of the ones that seem relatively simple may cause the […]
Communicating about distribution of assets may prevent conflicts
When you start planning your estate, you will have to answer many questions about the distribution of assets after your death. There are many “technical” questions, such as will vs. trust, whom to name as executor or trustee, do you want a living will, etc. But you also have to consider the people who will […]
