One of the first things that people have to decide when they start thinking about estate plans is whether they want to use a will or a trust. Both have their advantages. If you start asking your friends and family or look on the Internet for estate planning advice, then you are likely to receive […]
Have you ever considered writing down a list of all your assets (with account numbers, passwords, and so on), as well as debts and recurring payments?
You’ve spent years accumulating your wealth through hard work and discipline. Now you’re ready to share this great accomplishment with loved ones. Only one potential problem stands in your way – frivolous spending.
Getting an estate plan often seems more difficult than it is. If you follow a few basic rules and steps, then you can get a good estate plan with little hassle.
The term “simple will” is often used to describe a certain standard type of will that many people get. Before getting one for yourself, you need to understand what it means.
When planning the estate of a family’s primary breadwinner one of the biggest concerns is providing the necessary cash assets for the rest of the family to live on while everything else gets settled.
Estate executors have a right to be paid reasonable fees for their services, but if they are not careful they can miss out and not get paid for the full value of what they do.
If you have decided to get a trust it often makes sense to put your big assets, such as your home, in the trust.
The Stanford Letter Project is a new way to initiate the conversation and make sure what really matters is communicated to your loved ones.
People who set up trusts for children, grand¬children and other family members have a greater ability to limit the beneficiaries’ right to challenge trustees’ decisions in court, as a result of a new U.S. Tax Court decision.