Category: Estate Planning

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Some Dementia Warning Signs May Appear Years in Advance

Seeing these dementia signs early enough might offer the possibility of treating underlying factors at a time when it can make a big difference to your long-term health, says Money...

What Is Needed in Estate Plan Besides a Will?

Having a will is especially important if you have young children, says FedWeek’s recent article entitled “Estate Planning Doesn’t Stop with Making a Will.”  In your will, you can nominate...

Can I Protect My Family after Death?

Estate planning involves a close look at personal and financial goals while you are living and after you have died, as explained in a recent article titled “Professional Advice: Secure...

These Celebrities Didn’t have Wills…But You Should

Rapper Coolio died at age 59 after being found unresponsive on the floor at a friend’s house. His real name was Artis Leon Ivey Jr., and his former manager, Jared...

What was So Unusual About Michigan Mayor’s Will?

Michigander Wellington R. Burt is now best known for a codicil in this will that likely had no precedent back in 1919 when he died. The term mandated that his...

Who Were the 119 Heirs to a Chicago Man’s $11 Million Estate?

A Chicago man’s $11 million estate is being divided between 119 relatives after a company unraveled his accounts and family tree. Block Club Chicago’s recent article entitled “A Chicago Man...

Beneficiary Mistakes to Avoid

Planning for one’s eventual death can be a somber task. However, consider what would occur if you failed to plan: loved ones trying to figure out your intentions, a long...

How Does a Trust Work?

You’ve worked hard to accumulate financial assets. You’ll need them to support your retirement. However, what if you also want to pass them on to loved ones? Trusts are used...

High Interest Rates Have an Impact on Estate Planning

The Section 7520 rate has been low for the past 15 years and presented many opportunities for good planning. What happens when inflation has returned and rates are moving up,...

When Is a Family Limited Partnership Needed?

Being able to transfer wealth from one generation to the next is a good thing, especially now, when a big change is coming to the federal estate tax exemption amount,...

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