“Funding” Your Trust

For purposes of this article, assume you have made the smart choice of creating a Trust which is drafted perfectly for your…

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What Happens to Debts on Death?

Hopefully, you realize debts do not just “disappear” on death.  Generally, the deceased person’s debts must be paid out of their remaining…

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Do Joint Bank Accounts Create a “Right of Survivorship”?

For this discussion, we are assuming a hypothetical checking account owned by an elderly Widow on which she had recently added the…

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Consumer Fraud Continues to Grow

Consumer fraud continues to grow and the fraudsters continue to find new and innovative ways to separate you from your money. Consumer…

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While Organizing for Tax Return Preparation, Keep Your Estate Planning Needs in Mind

My accountant follows the recommended practice of sending her clients an organizer every year in the hope that clients will more easily,…

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HOW YOU CAN BUILD AN ESTATE PLAN THAT INCLUDES ASSET PROTECTION

When you hear the phrase “estate plan,” you might first think about paperwork. Or your mind might land on some of the…

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WHAT ESTATE PLANNING AWARENESS MEANS FOR YOU

Estate planning, including Advance Directives, is important for everyone regardless of wealth or family status.  If you become incapacitated or pass away…

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TRUSTS – THE SWISS ARMY KNIFE OF ESTATE PLANNING

Seek Professional Advice With changes to the U.S. tax code and the high cost of living and medical care, it is especially…

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6 STEPS FOR INTER-GENERATIONAL ESTATE PLANNING

Inter-generational estate planning is important. This type of planning is about more than just helping one generation build as much wealth as…

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HOW TO MANAGE YOUR BASIS “STEP UP”

If you are planning to leave someone an inheritance, or someone has left you an inheritance, it is important for you to…

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