There are many different tools in the estate planning toolkit, so there is an ideal solution for every situation that can arise. With this in mind, multiple different types of trusts can be established to satisfy advanced estate planning goals.We will look at two of them here, and we will elaborate with a second installment in the near future.Medicaid TrustsA lot of people go through life assuming that the Medicaid program will never be relevant to them. They have health insurance … [Read more...] about Digging Into the Estate Planning Toolkit
Joint tenancy is a commonly used form of ownership between two or more people. It can be an easy solution. However, it can have drawbacks. Read on to learn more.Joint Tenancy Pros and Cons … [Read more...] about Joint Tenancy Pros and Cons
Most of us have an idea whom we’d choose to receive our assets at our death. But often we don’t contemplate what should happen if the people whom we’ve selected die before us. Read on to learn more about contingent beneficiaries.Whom Do You Want to Get Your Assets? … [Read more...] about Whom Do You Want to Get Your Assets?
The novel coronavirus, COVID-19, is spreading in the United States and across the globe. Learn what steps you can take to prepare yourself and help prevent its spread.Read on to learn more. … [Read more...] about Preparing for Coronavirus
Since we speak to so many people that have questions about various facets of the estate planning process, we know what you are probably wondering about if you are looking for basic information.With this in mind, we will share a hypothetical conversation between a client and an estate planning attorney here. It will provide an instructive general overview, so you can absorb some very useful information that is delivered in a concise manner.What would happen if I die without any estate … [Read more...] about Estate Planning Basics Explained