Some assets pass outside of probate and allow you to designate who will receive them after your death. It is important that these designations are kept up to date and are consistent with the rest of your estate plan. When [...]
Revocable trusts are a very popular and useful estate planning tool. But the trust will be ineffective if you do not actually place your assets in the trust. Revocable trusts are an effective way to avoid probate and provide for asset [...]
At first glance, life insurance may not seem related to the distribution of money and property in your estate plan. However, it can be an integral and important part of a well-drafted estate plan. In addition to providing a sizable [...]
Many people think estate plans are only for the very wealthy seeking tax benefits, or they delay creating one because they feel too young. Others don't see the importance of an estate plan or find the topic too morbid. However, [...]
Estate planning involves creating a plan for where – and to whom – your assets will go upon your death. The process can include making a will, designating which of your loved ones should receive your retirement accounts and life [...]
You may have seen the Medicare tax listed on your paycheck stubs or on your income tax return filings and wondered what it is. To learn more about what it is and what it pays for, continue reading. What is [...]
Transitioning to life in France as a U.S. citizen is an adventurous and rewarding experience. However, the complexities of estate planning in a foreign country can be daunting. This article aims to demystify estate planning for U.S. expats in France, [...]
Do you have a family member who is receiving some form of long-term care? If you don’t, the chances are good that someday you will – and that day may not be too far away. As the U.S. population ages [...]
Today, 16 percent of children in the United States live in blended families, according to U.S. Census data. This can include those living in households that have a stepparent, stepsibling, or half-sibling. In many cases, stepchildren receive the same treatment as full [...]
A financial power of attorney is one of the most important estate planning documents you can have. A successful power of attorney is created BEFORE an emergency occurs. Waiting “until” you need it often leads to unfortunate consequences. What is [...]