By Andrew Gilliland | Published July 30, 2020 | Posted in Uncategorized |
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⟩ Estate Planning Services for Blended Families
With blended families essentially being the norm, your estate planning strategy must be as adaptable as possible in order to serve you better. Estate Planning Services for Blended Families The “regular” rules of estate planning don’t work well for many blended families and you need advice tailored to your unique situation to obtain the best Read More
Read MoreEstate Planning for Blended Families
Today, blended families have outpaced the traditional nuclear family by quite a margin. There are many estate planning strategies developed to help blended families. Catering estate planning strategies to meet the needs of blended families Being a spouse in a blended family is very common. Even if you aren’t in that situation personally, your children Read More
Read MoreShould I add a Joint Owner to my Accounts or Property?
Is it a good idea to set up bank accounts or real estate so that they own it jointly with a spouse or other family member? The appeal of this type of joint tenancy is that when one owner dies, the other will automatically inherit the property without it having to go through probate. Joint Read More
Read MoreBlended Family FAQs
I’m married to my second spouse and my spouse and children from my first marriage get along really well. Do I still need to consider estate planning? They may be getting along well now, but there’s no telling what will happen after your death or if there is some other falling out down the road. Read More
Read MoreEstate Planning That Expresses Who You Are — 5 Things to Talk About with Your Family
You intend to pass along your wealth through your estate plan, but what about your wisdom? Ensuring you accomplish both calls for a family meeting to have a conversation about your money, your legacy, and your core principles. Most families lead far-flung and busy lives, meaning the only time they see one another face-to-face is Read More
Read MoreWhy a Trust Is the Best Option for Avoiding Probate
Ideally, when someone passes away, the paperwork and material concerns associated with the estate are so flawlessly handled (thanks to excellent preparation) that they fade into the background, allowing the family to grieve and remember in peace. In fact, the whole business of estate planning – or at least a significant piece of it – Read More
Read MoreUsing Asset Protection Trusts In Estate Plannings
With the estate tax credit so high, protecting assets against loss to creditors and predators or in divorce or bankruptcy has become a common goal of estate planning. Do you want to leave an inheritance outright to a child or grandchild in this risky age of high divorce rates, lawsuits, and bankruptcies? An outright inheritance Read More
Read MoreIncapacity Questions
Q: What does “disabled” or “incapacitated” mean? A: In the estate planning world, the term “disabled” or “incapacitated” refers to an individual’s inability to manage day-to-day business affairs such as managing and protecting assets, signing papers, paying bills, and filing taxes. “Disability” or “incapacity” doesn’t mean you’re physically unable to move such as being laid Read More
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