You are likely well aware of the tax benefits that come from donating to charity during your lifetime—donations to charity are tax-deductible. But you may be surprised to learn about the numerous benefits that are available when you incorporate charitable…
Wills and trusts are two of the most commonly used estate planning documents, and they form the foundation of most estate plans. While both documents are legal vehicles designed to distribute your assets to your loved ones upon your death,…
It’s sad but true that many pets end up in shelters after their owner dies or becomes incapacitated. In fact, the Humane Society estimates that between 100,00 to 500,000 pets are placed in shelters each year for exactly this reason,…
Q: WDo I need to create a new will if I move to another state? -Curious Mover A: Dear Curious: Most states will accept a will that was executed properly under another state’s laws. However, there could be differences in…
Estate planning is an obvious concern for all parents, but if you have a child with special needs, it’s crucial
With the arrival of summer, young people across the country are about to reach a key milestone: high school graduation. If you have a child claiming their diploma, now is the time to prepare them for life after leaving the…
A last will and testament is the most commonly thought-of document when it comes to an estate plan. But really it is only a very small part of an integrated plan that ensures your family stays out of court and out of conflict if and when something happens to you.
Do not think you can just write your own will and that will help your family.
Should you become incapacitated without any planning in place, your family would have to petition the court in order to be granted guardianship. In most cases, the court would appoint a family member as guardian, but this isn’t always the case.
Q: What estate planning documents should my son, who just turned 18 and is planning to attend college in the fall, have in place -Prudent Papa A: Dear Prudent: At age 18, your son is now an adult in the…