While divorce and remarriage can sometimes be the best solution, blended families often have it a bit more difficult when it comes to estate planning. That’s why it’s so important to have an open dialogue with your future spouse about your estate planning prior to getting married again. Here is what every blended family in […]
There are a lot of difficult aspects of estate planning, but perhaps one of the most difficult is admitting to our own mortality. No one wants to think about the end of his or her life, but it’s important that you look at all of your options. Everyone should be entitled to live and die […]
When a loved one passes away, you may be overcome with grief and not even thinking about their estate. However, if you are a beneficiary of their estate, it’s important to know whether you should hire an attorney. Although there is likely already an attorney involved, he or she is probably acting in the interest […]
Estate planning is extremely important when it comes to asset distribution. It serves as a great way to be sure that your assets are properly given to the correct recipients upon your passing. In doing so it also helps to make sure that your loved ones are cared for. Why It’s Important to Have an […]
For many people, charitable giving is a normal part of life. But for others, charitable giving is also a part of their death. Many people choose to donate to charity when they pass away by implementing charitable giving into their estate plan to support the cause or causes they care about the most. You can […]
The concept of disinheriting a child is one that commonly conjures up feelings of parental disapproval and broken relationships. However, while these are reasons for disinheritance, they aren’t the only ones. Sometimes there are positive reasons as to why a parent would disinherit his or her child. The Child is Financially Secure Enough When parents […]
It’s safe to say that most of us have been significantly impacted by the coronavirus pandemic, which has caused the death and destruction of millions of businesses across the U.S. Things definitely look very different now than they did just half of a year ago. That’s why it’s so important that as we continue to […]
While the coronavirus pandemic has shattered much of a thriving U.S. economy leaving many businesses to struggle, small business owners especially continue to feel its full impact. Whereas they were once concerned with growth year over year, they now find themselves worried about staying afloat day-to-day. Although the future remains quite uncertain, many small business […]
When you create a trust, sometimes you do so with the ability to alter it at any time during your lifetime. Such a trust is known as “revocable.” A revocable trust, often referred to as a “living trust,” is a legal document generally used to transfer assets to one’s heirs in an effort to avoid […]
The United States is made up of individuals from all over the world and is home to many non-U.S. citizens who live, work, and sometimes die in this country. So what happens when a non-U.S. citizen passes away in the U.S.? Usually, there is nothing that stops such an individual’s estate from being distributed. Unfortunately, […]
