Estate Planning

Do I Need An Estate Plan? – JD Supra (press release)

JD Supra (press release) Do I Need An Estate Plan?JD Supra (press release)Estate planning generally involves putting a plan in place that is triggered when you die or if you become incapacitated due to accident, illness, or otherwise. The law does not require that you make an estate plan. The majority of people never do …

Mother’s estate planning complicated because son has creditors – Palm Beach Post

Mother’s estate planning complicated because son has creditorsPalm Beach PostBut on the upside, neither could your son’s creditors get to it. Another estate planning possibility: Direct your personal representative under your will, or the trustee of your trust, to purchase an annuity for the benefit of your son. While the money …

The Pitfalls of Joint Tenancy as an Estate Planning Tool – Pasadena Journal

Pasadena Journal The Pitfalls of Joint Tenancy as an Estate Planning ToolPasadena JournalUnder the law, real property held in a form of title called “joint tenancy” avoids the court probate system when one of the joint tenants passes away. I have heard of many people who try to simplify their estate planning and avoid court probate charges …

International Trust and Estate Planning Strategies will be Focus of Upcoming ALI CLE Conference – Markets Insider

International Trust and Estate Planning Strategies will be Focus of Upcoming ALI CLE ConferenceMarkets InsiderPHILADELPHIA, Sept. 13, 2017 /PRNewswire-USNewswire/ — American Law Institute Continuing Legal Education (ALI CLE) has announced that International Trust and Estate Planning 2017 will be held on November 9 – 10, 2017, in San Antonio, Texas.

A warning for couples who have split but not divorced – The Globe and Mail

A warning for couples who have split but not divorcedThe Globe and MailMany people think the mere act of separating will result in legal changes to their wills, estate plans, powers of attorney and beneficiary designations, but that’s 100 per cent incorrect, says Jamie Golombek, managing director of tax and estate …

Why Continuous Estate Planning Is Essential For The Rich And Super-Rich – Forbes

Why Continuous Estate Planning Is Essential For The Rich And Super-RichForbesEveryone should have an estate plan no matter what his or her level of worth. An estate plan determines how assets are distributed upon death. Not having an estate plan is in fact having one as the determination of who gets what is being made by the …

How to talk to your family about your estate plan – MarketWatch

MarketWatch How to talk to your family about your estate planMarketWatchMy wife and I know that our kids and grandkids have a legitimate interest in knowing what’s in our estate plan. How will we tell them? When we consider relationships, it’s easier to see a path forward. For example, should we meet with each heir …

Reality Check: Family wants you to avoid their estate-planning disaster – WLOS

Reality Check: Family wants you to avoid their estate-planning disasterWLOSIt’s a grim thought, but a local family shares its story to encourage you to plan early. Numbers matter. Just ask sisters Michele Dublay and Angela Swift. “She’s obviously older,” joked Dublay. “She really is older,” pointed Angela. Michele is 18 …

Forum focuses on peace of mind during estate planning – Peninsula Daily News

Forum focuses on peace of mind during estate planningPeninsula Daily NewsHatch’s goal in estate planning is to get loved ones to talk with each other. Though assets preservation and passing on wealth to heirs is important, Hatch said, he now believes the most important aspect of estate planning is the enrichment of familial …

Financial plans need to change with lifestyles – Winnipeg Free Press

Financial plans need to change with lifestylesWinnipeg Free Press“It backs up the anecdotal evidence we were seeing through receiving more questions about these situations,” says Christine Van Cauwenberghe, vice-president of tax and estate planning with Investors Group. “There are more and more people living in …