Estate planning is a complex endeavor on its own, but there are a few circumstances that can make it even more complex, such as when a spouse is not a U.S. citizen. While there are a few limitations to be aware of, there are also some strategies that make it possible to leave assets to a non-citizen spouse. First, we’ll Continue Reading →
The new year is an optimal time to check in on some of the basics of your estate plan, such as making sure your beneficiaries and documents match up with your current wishes and situation. A lot can change in a year, and it’s easy to forget about estate documentation and account beneficiaries that have been filed away. A regular Continue Reading →
While you can’t directly leave assets in your estate plan to your pets, you should consider their future care and wellbeing should they outlive you. You may have a verbal agreement with a family member or friend who loves your pet, but there are other considerations, such as the cost of veterinary care, food, grooming, etc. that should be Continue Reading →
It’s hard to think about wills and trusts and your eventual death, but it’s even harder on your family and loved ones when there’s no plan in place for what happens after you die. And while no one really wants to talk about estate planning, you’ll find that you actually feel much better after you do. How a Will Continue Reading →
Disinheriting a family member or other potential beneficiary is usually considered an intentional occurrence. But it quite frequently happens purely by accident (known as “accidental disinheritance”) – either through procrastination or simply a lack of understanding of how estate and probate law work. Many people assume that a will on its own will dictate how assets are distributed. Continue Reading →
You’re in love. It doesn’t matter if you have a piece of paper to prove it, right? In the grand scheme of life that would be a true statement. However, that sentiment wouldn’t hold up in court, especially when your other half is up against family members in the event of your death. We realize social norms Continue Reading →
Almost everything can be done online these days, and most of the time, it makes our lives easier and saves time. But should you download and fill out a generic will online because… “I live a boring, generic life that never changes” — said no one ever. In all seriousness, we know people value their time and money, Continue Reading →
For many pet owners, pets are members of the family. Pet owners often say that if something happens to them, they are as concerned about will happen to their pets as they are with their children and spouse. What Happens to the Pets When the Owner Becomes Disabled or Passes Away? Most pet owners want the assurance of what Continue Reading →
“Owning a home is a keystone of wealth…both financial affluence and emotional security.” Suze Orman While you consider what it takes to prepare for your future with family estate planning, keep in mind that often, one of the biggest assets people own is their home! Real estate planning is an important consideration in looking at the overall financial health of your Continue Reading →
Shocking to most people, your retirement accounts can be seized once they pass to your loved ones. During your lifetime, your retirement funds have asset protection, meaning they can’t be taken in a lawsuit. Unfortunately, as soon as retirement accounts are inherited by your loved ones, the protection evaporates. This means your hard earned money can legally be snatched by Continue Reading →