Can I Make Changes to My Will or Trust After It’s Created?
Yes, you can make changes to your will or trust after it has been created, but the process for doing so depends on the type of document and the specific …
What is an A/B Trust?
An A/B Trust is an estate planning tool that is designed to help married couples reduce or eliminate estate taxes while ensuring the financial security of the surviving spouse and …
How do I Plan my Estate if I Have a Blended Family?
Planning an estate for a blended family requires careful consideration to ensure that all family members—such as children from previous marriages, a current spouse, and any stepchildren—are fairly and properly …
How Does the Federal Estate Tax Exemption Work?
The federal estate tax exemption is the amount of an individual’s estate that is exempt from federal estate tax upon their death. Estates valued below this exemption amount are not …
What Types of Trusts I can use to Plan my Estate
Trusts are versatile tools used in estate planning to manage and protect assets, ensure privacy, and provide for beneficiaries according to specific terms set out by the grantor (the person …
Who Should Be My Power of Attorney?
Choosing the right person to serve as your Power of Attorney (POA) is a crucial decision, as this individual will have the authority to make financial, legal, and medical decisions …
Why Do I Need a Will?
Having a Last Will and Testament is a crucial aspect of estate planning that provides numerous benefits for both you and your loved ones. Here are the key reasons why …
Why Do I Need an Estate Plan?
Creating an estate plan is essential for everyone, regardless of age, wealth, or family situation. Here are several key reasons why having an estate plan is important: 1. Control Over …
When Should I Start Planning My Estate?
Starting your estate planning is important and should ideally begin as soon as you have significant assets, dependents, or a clear vision of how you want your affairs handled after …
Who Should Be My Personal Representative?
Choosing the right person to serve as your Estate Personal Representative (also known as an executor) is a crucial decision in the estate planning process. This individual will be responsible …