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What Assets are Not Part of an Estate?

May 12, 2022
In presentations regarding essential actions individuals should take regarding inheritance, emphasis is usually placed on drafting a will. This leaves unanswered what happens to assets that do not pass by will —so called non-probate assets.
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How can I protect an Inheritance from Divorce?

May 11, 2022
Your dad bequeathed you a generous sum of money on his passing. Those gifted and inherited assets, in many instances, will be considered ‘separate property,’ not marital property. That might mean that they might not be subject to division, if you divorce. However, perhaps you want to backstop that hoped for result to make the protection more likely to stick if your marriage doesn’t work out.
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Getting Your Financial Affairs in Order

April 21, 2022
The first step in getting your affairs in order is to gather up all your important personal, financial and legal information, so you can arrange it in a format that will benefit you now and your loved ones later.
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Why do I need a Living Trust?

April 20, 2022
If you’re putting together an estate plan, you have no doubt heard about the benefits of a living trust.
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No Will? What Happens Now Can Be a Horror Show

April 15, 2022
It's hard for a family to recuperate when the patriarchs and matriarchs have gone to glory, leaving a battle for who will carry the family's leadership role and manage the family's transition of wealth.
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Addressing Financial Issues before Getting Married?

April 14, 2022
You may want to consider some financial issues before walking down the aisle again.
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How to use ABLE account funds?

April 13, 2022
ABLE accounts are a way for people with disabilities to save and spend money, while protecting their access to public benefits.
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Can You Give part of Your Inheritance to Your Sibling?

March 25, 2022
In order to give your brother half of the assets in the IRA, you will have to liquidate a portion of the account and pay the taxes on the liquidated amount if it’s a traditional IRA.
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Why Do I Need a Will?

March 23, 2022
If you die without a will, you die “intestate” and your assets will be distributed according to your state’s law. That could result in a distribution you didn’t intend.
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Do I need to sell home as part of Medicaid planning?

March 22, 2022
Reaching the point where you need to consider residential options for your mother can be overwhelming. Not only is it emotionally fraught, there are also financial and legal considerations.
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