Nothing is worse than having your estate planning attorney advise you one way then change their mind the next. Well, we are doing it again.…
I have addressed this in prior blog posts but it bears revisiting this topic since this comes up frequently in my meetings with clients. The…
Having assets in your name above a certain financial limit at the time of death leads to the estate going through probate in Arizona. Revocable…
“The biggest estate-planning mistake is that people think it’s only about the money,” said Marlene Stum, a professor at the University of Minnesota and author…
Français: Enterrement à (Photo credit: Wikipedia) It isn’t a surprise to anyone that those typically motivated to do estate planning are those that have their…
While this is a common misconception, I believe it mixes up two ideas, estate planning and estate tax planning. Estate tax planing is actually a…
But wait, there’s more; there’s Loving Trusts, Family Trusts, Grantor Retained Trusts and many more. Let’s start with revocable vs. irrevocable trusts. These are exactly…
“Putting my child’s name on an asset avoids probate” This is how the conversation usually goes: “someone told me if I put my child’s name…
IF I HAVE A WILL, MY FAMILY WILL AVOID PROBATE I am unsure how this mistaken belief ever came about since a Will is almost…
Estate Planning Misunderstanding #1 Estate planning is only for the old. (This is the first in a series of estate planning misunderstandings.) The fact is,…