Articles Categorized as Estate Planning

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Gifting 101

For years people have tried to transfer wealth before death.  There are many reasons for doing so but often the main motivation was estate tax avoidance.  Now, with changes in tax law and very high exemptions, most people will not pay any estate tax upon death.  A more recent motivation has be... continue reading »

What is a Trustee?

Have you ever been asked to be a trustee?  Or maybe no one asked you, but you were listed in someone’s estate documents as a trustee.  You now had to figure out exactly, what is a trustee and what do they do.

A trustee is a person or company that holds and administers property for the ... continue reading »

Legal Zoom

Years ago, people were stuck with lawyers when drafting a will or other common legal documents as they really had no alternative.  In the internet era, on the other hand, you can find a form for just about anything.  I’ve had many people bring in forms randomly found on the internet or paid f... continue reading »

Incapacity Planning

We all know we “should” do some planning for our future, but how many of us follow through with it. I’m talking about planning for someone to help you manage your financial assets and your health care decisions if you are unable to do it yourself.  If you’ve been diagnosed with cancer or... continue reading »

Beneficiary Designations

We are all busy making our list and checking it twice.  Have you reviewed your beneficiary designations? Can you check that off your list?

Beneficiary designations are a way in which we identify who we want to give an asset to after we pass away.  We complete beneficiary designation form... continue reading »

Charitable Giving and Year End Strategies

As much as we try to avoid it, taxation is a part of life.  We are faced with sales tax, income tax, estate tax, capital gains tax, gift tax and property tax to name a few.  With the 2018 year coming to a close, some of us are thinking what else can we do to minimize our tax bill, both now and ... continue reading »

The Final Gift Course

I wanted to share with you some information about a workshop called The Final Gift.  The parish nurse at my Church has organized several of these workshops after she attended one in a nearby community.  The Final Gift is intended to be your final gift to your family. Death is a very hard topic ... continue reading »

Legal Documents To Take When You Travel

As the temperatures begin to drop and the leaves start to change, the following question starts to come up more and more during my estate planning meetings:  What legal documents should I take with me when I am traveling? Not only do our snowbirds need to think about taking legal documents with ... continue reading »

Do-It Yourself Estate Plan Documents

It probably goes without saying, but the terms and language used in your estate planning documents are so important.  Whether you realize it or not, when you meet with your attorney, they are not only working to understand your wishes and your family dynamics, but at the same time running throug... continue reading »