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Blog About Estate Planning

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The Troubled Heir and Estate Planning

The Troubled Heir and Estate Planning

Articles, Estate PlanningBy Mitchell NakhmanovichJune 5, 2020

Children. The moment you receive your bundle of joy, your aim is to guard the child from anything that puts them at risk. We also seek to ensure our kids are ok long after we are gone. But not all children are responsible with money. Many kids grow up to become irresponsible with the wealth…

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The Three Special Needs Trusts

The Three Special Needs Trusts

Articles, Estate PlanningBy Mitchell NakhmanovichJune 4, 2020

Every parent wants to set their child up for success, even after their gone. Special needs children offer a unique perspective on a variety of things. Families must take careful consideration when estate planning to offer the greatest number of benefits to the child. Below is a brief overview of three of the most common…

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The Tale of the Missing Beneficiary

The Tale of the Missing Beneficiary

Articles, Estate PlanningBy Mitchell NakhmanovichJune 3, 2020

You have been assigned the role of an estate executor, and then after the probate is done, you realize that one of the beneficiaries cannot be found. What do you do? Well, as an executor of the estate, you have the task of making sure all beneficiaries get their portion as expected. This is made…

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How to Fire Up the Estate Planning Conversation with Your Family

How to Fire Up the Estate Planning Conversation with Your Family

Articles, Estate PlanningBy Mitchell NakhmanovichJune 2, 2020

It is a tradition for many people to spend their holidays with loved ones each year. During this time, the family bonds and gets to talk about so many issues that affect their lives. They talk about their successes, plans and failures, and go ahead to forge the way forward. But few families take the…

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Tips for Successful Estate Liquidation

Tips for Successful Estate Liquidation

Articles, Estate PlanningBy Mitchell NakhmanovichJune 1, 2020

As an executor, times come when you have to sell the property that has been left behind for beneficiaries. One of the most common directives that executors come across is to sell the property and share the proceeds equally among the beneficiaries. You can talk to the estate planning lawyer to interpret the will for…

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Relocating to another State and Estate Planning

Relocating to another State and Estate Planning

Articles, Estate PlanningBy Mitchell NakhmanovichMay 31, 2020

Many people are in a state because of work responsibilities. When the time comes for them to retire, they have to move from one state to another to enjoy their retirement years, or they wish to be closer to their families. Whether you are moving to the next state or to a further one, you…

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Ranch Estate Planning Mistakes

Ranch Estate Planning Mistakes

Articles, Estate PlanningBy Mitchell NakhmanovichMay 30, 2020

As a rancher, you need to have a comprehensive estate plan that includes a medical directive, power of attorney and a trust. The plan needs to make sure you have an estate plan that covers all the property that you own. Having a detailed estate plan makes sure that you save your family time and…

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Practical Estate Planning: Storing & Organizing Your Documents

Practical Estate Planning: Storing & Organizing Your Documents

Articles, Estate PlanningBy Mitchell NakhmanovichMay 29, 2020

Countless people believe that once they have drafted the legal documents, then the estate planning procedure is complete – wrong. Well, we know that a large part of the process deals with legal issues, but you also deal practical stuff as well. After your demise, most of the decisions your loved ones will deal with…

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What You Didn’t Know About Power of Attorney (POA)

What You Didn’t Know About Power of Attorney (POA)

Articles, Estate PlanningBy Mitchell NakhmanovichMay 28, 2020

When you set up your to do list, chances are that you will rarely plan for the aftermath of unfortunate events such as injury and death. However, anything can happen anytime, so you need to plan for the unexpected so that you avoid any anguish on the part of the family or friends. Good news…

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8 Mistakes Women do Repeatedly in Estate Planning

8 Mistakes Women do Repeatedly in Estate Planning

Articles, Estate PlanningBy Mitchell NakhmanovichMay 27, 2020

As a woman, and one of good repute, taking matters in your own hands is the best way to make sure you have your future secured. After working so hard to create a comfortable and secure lifestyle for your loved ones, it is time to come up with an estate plan. But many ladies make…

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