In the articles section you can find blogs that discuss all areas of Estate Planning. By going to the articles section and reading some of the blogs you are able to better educate yourself on the different products and concepts of estate planning.
Estate Planning includes:
- Planning for pass through of assets upon death,
- Planning for minors (Setting up guardianship designations or special needs trusts),
- Utilizing tax mitigation strategies (for example the current gift tax exemption),
- Creating a form of asset protection (from creditors and predators or as a form of marital asset protection),
- Setting up healthcare proxies ( giving someone your trust the ability to make healthcare decisions for you in the event you are unable to do it for yourself),
- Setting up Power of Attorney (enabling someone to make executive decisions regarding your assets and finances in the event you are unable to and it is necessary),
- Medicaid or Retirement Planning (Divesting yourself of assets to qualify for Medicaid or Government subsidies),
- End of life planning using living will or last directive (Indicating burial requests and tube feeding or resuscitation in the event it is necessary).
In the articles section we have gone ahead to make it easier for you to find the topic of interest by creating subcategories. Our goal is to make it simple and easy for people to come to our website in order to educate themselves about the different types of trusts for example Revocable Trusts and Irrevocable Trusts or Special Needs Trusts and Supplemental Needs Trusts.
In the articles section you will find the following subcategories:
Estate Planning
In this section you can find a broad stroke of articles/blogs covering all topics related to creating and understanding an estate plan.
Asset Protection
A very common concern for people with families or high risk professions for example doctors, lawyers, policemen, firemen, accountants and so on. Newlyweds seeking marital protection and people with large cash liquidity might also be worried about their exposure and seek asset Protection.
Elder Law
At some point in our lives we are done working and are ready to retire and want to know the best practices for retiring. Here you can learn about pass through of assets, divesting of assets and planning for your final days.
Estate Tax
Here you can learn about tax mitigation strategies.
Guardianship
Here you can learn about assigning guardianship for minors or assuming guardianship over a loved one who is mentally handicapped.
Living Trust
Everyone wants to plan for events while they are alive and not just after death learn more here.
Probate
What happens when someone dies or passes away with a Will.
Revocable Trust
Flexibility when it comes to planning.
Trusts
The different types or forms of trusts and their uses.
Medicaid Trust
Planning for Medicaid and Retirement.
Special Needs Trust
Planning for people with disabilities.
Will
Planning for pass-through of assets.
Will and Trust
Different uses of having both documents a Will and some form of Trust.
If you are shopping around or look for ways to vet an Estate planning Attorney/Lawyer and wish to better educate yourself on the topic the articles section is for you.
Many collectors hold onto their valuable items to the last minute, and the thought that the items could go to someone else is scary to many of them. One of the reasons why collectors revere their items is because they come at a great cost and the demands for caring for the items is intense.…
When it comes to Islamic estate planning, Islamic laws take over. The aim of this law is such that the person will follow specific religious and legal stipulations to write a will and transfer the assets after death. For you to get these documents, you need to have a person that has been in the…
Scenario Burt was at home when his friend, Ken, called him to his home. Since being diagnosed with cancer, Ken hasn’t been the same, and Burt expected bad news. However, he was surprised when Burt gave him a copy of the will, and told him that he would be his executor when he passes away.…
When it comes to Islamic estate planning, Islamic laws take over. The aim of this law is such that the person will follow specific religious and legal stipulations to write a will and transfer the assets after death. For you to get these documents, you need to have a person that has been in the…
84.2% of the United States population use the internet in some capacity. The majority of these users have some type of digital account – often times multiple accounts for various purposes. It is critical in these times to protect those assets. The extent of one’s digital presence can be extensive. A person’s digital life can…
As an expatriate, you need to know that you are one of 36 percent of Americans living abroad. Forty percent of expatriates opt for South America and Canada, while 26 percent love Europe. Working as an expatriate offers unique opportunities. You will have to live in different countries for a large part of your life,…
Surveys tell that more than 55 percent of Americans die without a valid will. Of the 45 percent that do, 71 percent of them don’t update their wills during their lifetime. This is a big mistake. Some life events tell you to update the estate plan immediately. Let us list them so that you are…
Scenario When Hillary took over Angela’s estate planning case, he was committed and very easy to work with. When the payout process ended, and the money was released to Angela, Hillary couldn’t be found. He had disappeared, and soon Angela started realizing that some of the property had been written into other people’s names. We…
There are various problems that can make you disinherit your child. These include: You have a bad relationship with the child The child has amassed a large estate and they don’t need what you have to give them One of the kids has the greatest needs, for instance, a child with special needs. Whatever reasons…
You might think that being named in somebody’s will as an administrator is a huge thing – but it also comes with a few dangers. As an administrator, your role is to manage the estate matters of the departed friend. Typically, the testator chooses an individual that he trusts, which means if you are the…