Many people automatically equate estate planning with the preparation of a last will. This is of course one of your options, but it is not always the best one. This is why you should discuss the matter with an experienced estate planning attorney before proceeding. If you do ultimately choose to use a last will … [Read More]
Estate Planning: One Size Does Not Fit All
If you are like a lot of people, when you first start to recognize the fact that you should have an estate plan in place you may do some research on the Internet. The reality is that these days you can take care of a lot of things on your own due to the fact … [Read More]
Tax-Free Gift Possible With A Zeroed Out GRAT
One of the objectives that many people have when they are engaged in the process of estate planning is to enable a transfer of assets to their loved ones in a tax efficient manner. You might think this can be accomplished through gift giving while you are still alive to see your family members enjoy … [Read More]
A Mistake You Can’t Overcome
There has been some recent polling conducted by the Associated Press in conjunction with LifeGoesStrong.com that has indicated that many baby boomers are woefully unprepared for retirement. The majority of people who responded to the polls say that they are not confident that they will have the resources that they need to enjoy a comfortable … [Read More]
Inheritance Planning For Your Blended Family
Passing along assets to your family members implies something different than it may have a couple of generations ago. Because of the fact that perhaps as many as 50% of marriages end in divorce these days the matter is not always as simple as the surviving spouse passing along the couple’s remaining assets to his … [Read More]
Consider Your Exit
It can be difficult to wrap your head around the concept of retirement when you are a relatively young adult. After all, when you first start out you are probably more concerned about gaining a foothold when you are about accumulating resources for retirement. However, this mentality is to be put behind you as soon … [Read More]
Taking Steps To Remain At Home
It is important to be pragmatic about the eventualities of aging so that you are not suddenly confronted with a situation that you have not made any preparations for. It can be hard to envision such a scenario when you are healthy and fully ambulatory, but there may come a time when you will need … [Read More]
Probate Attorney Acts As Executor’s Guide
A last Hartford probate lawyer. A holistic approach would be to arrange for the attorney who assists you as you are drawing up your will to act as the probate attorney after you pass away. Your lawyer will enter the process with an existing understanding of your wishes, knowledge of the dynamics of your family, … [Read More]
Selecting Attorneys-In-Fact
You may not be aware of just how likely it is that you will experience a period of incapacitation at some point in time. According to the Alzheimer’s Association 13% of senior citizens as a group are suffering from Alzheimer’s disease. This is a considerable number of people to be sure. However, this number swells … [Read More]
What Happens If You Die Without A Will?
Far too many people in America are going through life without a last Will or a Living Will. A Harris survey was conducted in 2009 that included 1022 adults. The survey found that only 35% of the respondents had a last Will in place and only 29% of the people who participated had executed a … [Read More]
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