There are different ways to safeguard your documents and still make sure your heirs and executor know how to find them….
Safety First – for Your family and Your Estate Planning Documents
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Month: June 2021
Estate Planning and Undue Influence Over a Will-maker
When people, family members, become quite elderly or ill, they also become susceptible to manipulation from those who will defraud or steal. Often, family members do not find out about a change in estate plan until after their loved one has died. Most often, a manipulator will seek to keep last-minute changes of inheritance quiet.
It’s Not That Easy Being an Estate Executor
It’s not easy being an estate executor. Learn what the duties are for this job – and how to make it easier for the executor of YOUr estate to do that job…
Husbands Usually Don’t Consider Their Wives’ Future When Deciding When to Take Social Security Benefits
The amount of Social Security benefits a surviving spouse receives depends, in part, on when their deceased spouse began claiming benefits. However, husbands usually don’t take survivor’s benefits into account when claiming benefits, according to a recent study, meaning that many widows will needlessly experience a significant drop in income.
Estate Planning Challenges Remain for LBTQ Couples
Three aspects of planning present special challenges for same sex couples. Learn how to protect the rights of each partner and any offspring.
It Is Not Always Better to Give Than to Receive
If there is a possibility that a loved one might need Medicaid assistance in the foreseeable future, that person should not be giving gifts. This can be sad if that person gets joy out of generosity. But gifts in that situation can turn out to be very, very expensive.
Spousal Disclaimers May Prove More Important Than Ever
Under current estate planning law, when one spouse dies, the other can inherit all the decedent’s assets with no tax. Changes proposed by the current administration could have a devastating efffect on this kind of planning. Read about steps to take to protect spousal inheritances….
The probate process: What is Indiana’s self-proving will certificate?
Individuals often seek the comfort that a comprehensive estate plan provides. The ability to prevent heated family disputes by carefully making plans centered on the distribution of assets, wealth and responsibility through wills, trusts and powers of attorney is...
Why an Irrevocable Trust May Be Superior to Gifting
Parents and other family members who want to pass on assets during their lifetimes may be tempted to gift the assets. Although setting up an irrevocable trust lacks the simplicity of giving a gift, it may be a better way to preserve assets for the future.
Consider All Factors Before Taking Early Retirement
There are many estate planning factors to consider before taking early retirement…
