Yes, it is possible to serve as an executor for a deceased loved one—and be a beneficiary of some of their assets too. In fact, quite commonly, the executor named when a will is… Read Moreabout Executor and Beneficiary?
Estate Planning Optimized We tend to equate estate planning with preparing for death and gifting assets to loved ones. In the face of both longer life spans and increased awareness (thanks COVID?) that anything can… Read Moreabout Estate Planning Optimized
When we die, someone has to bring our affairs to closure. This is true whether we have left a will, a trust, or, die without a plan. The name for this role differs depending… Read Moreabout Personal Representative?
The public process of reconciling the affairs of the deceased can be confusing and filled with terminology that is not typically used on a day to day basis. Understandably, grief can interfere with navigating… Read Moreabout The Probate Process: An Overview
Setting up a trust can be a very helpful way to put plans in place for our assets—and future care needs too. Experts remind us, however, that trusts are not a magic wand for… Read Moreabout Trusts Require Careful Decisions
Whether you have a little or a lot to gift to your favorite organization or cause, you can arrange to do so via either a will or a trust. Though charitable giving is possible… Read Moreabout Charitable Giving: Will vs Trust?
When you open a bank account, or participate in the company sponsored retirement plan, you most likely named a beneficiary. Good news: in essence, you’ve already begun your estate plan. Keep going with these… Read Moreabout You Probably Already Started…
Trusts are very useful tools in estate planning: in addition to helping us gift assets to others, they allow us to make arrangements for our own care as we age. Once a trust is… Read Moreabout Heggstad Petitions Explained
Having details about assets—and debts—documented and handy is a great jumping off point for estate planning. With a balance sheet in hand, it’s easier to get appropriate estate planning assistance. It’s also easier to… Read Moreabout Make A Balance Sheet
