The Biggest Mistake With Revising A Will? Doing It Yourself

So, you have your Last Will and the rest of your estate planning documents completed. Nice job! But wait, life doesn’t stand still, right? On average, people do not review their estate plans for 18 years.  Wow!  Think of all the changes that have taken place in your life in the last 18 years. Yes,…

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How Does Your Small Business Fit into Your Estate Plan

Life is full of responsibilities and busy schedules, but among the chaos one task should always be prioritized: Estate Planning. If you’re a small business owner, it is crucial to include your business in your estate plan. This not only ensures the future security of your loved ones, but also provides you with a sense…

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Understanding Fiduciary Duties: A Guide for Executors and Trustees

Understanding Fiduciary Duties

As an estate planning firm, clients entrust us with the intricate task of protecting their estates to the greatest extent possible and ensuring their wishes are carried out seamlessly. Central to this process are the roles of executors and trustees—individuals vested with significant responsibilities and legal obligations known as fiduciary duties. But what exactly do…

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Choosing the Right Executor: A Vital Decision for Your Estate Plan

Choosing the Right Executor

In the intricate landscape of estate planning, selecting the right Executor holds paramount importance. The role of an Executor is akin to the captain of a ship, entrusted with navigating the complex waters of distributing assets, settling debts, and ensuring the fulfillment of your wishes after you’re gone. Therefore, it’s imperative to meticulously consider various…

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There Are Many Types of Trusts: 10 Considerations On Which Is Right For You

Considerations for Choosing a Trust

A revocable trust and an irrevocable asset protection trust are two distinct estate planning tools, each with several differing sub-types and their own advantages and limitations. Revocable Trusts A revocable trust, often referred to as a living trust, allows the grantor (the person creating the trust) to retain control over the assets placed within the…

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How Bad is Going Through Probate, Actually?

probate

Probate—a term that often sends shivers down the spines of individuals faced with the passing of a loved one. Many perceive it as a cumbersome and lengthy legal process for your loved ones to deal with, conjuring images of complicated court proceedings and significant delays. And, don’t get us wrong, it certainly can be. But…

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‘Tis the Season to Talk About Charitable Estate Planning

The holiday season is a time for giving, for cherishing our loved ones, and for reflecting on the things that truly matter in our lives. It’s a season of warmth, generosity, and selflessness. For many, it’s also a time to consider how you can leave a lasting legacy by incorporating charitable giving into your estate…

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Leave a Roadmap with Your Estate Plan

leave-a-roadmap

Estate planning is an essential step in securing your family’s financial future and ensuring your assets are distributed according to your wishes. The estate planning process typically includes creating a Will or establishing a Trust, designating beneficiaries, appointing agents and more all with the goal to minimize taxes, avoid probate, and ensure your assets go…

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3 Easy-to-Overlook Estate Planning Considerations

binoculars on picnic table with forest background

People avoid Estate Planning, either because they never outgrew that teenage feeling of invincibility, or because they overestimate the complexity of the task. Yes, drafting your Estate Plan is one of the most important things you will ever do…but that doesn’t mean it’s hard. A good estate planning attorney will walk you step-by-step through the…

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