We live in a world overflowing with digital assets. From social media accounts to online banking, our virtual belongings have become as significant as our physical ones. But have you ever stopped to think about what happens to your digital life … [Read more...]
The Wonder of Wills
Many Estate Planning attorneys have fielded a question regarding whether an Estate Plan was necessary, or whether a Will is necessary if the client has a Revocable Trust. Let’s settle the debate now. Even in an Estate Plan based upon a Revocable … [Read more...]
529 Plans – The “Holy Grail” of Estate Planning
When Estate Planning practitioners talk about the “Holy Grail” of Estate Planning, they generally mean the intentionally defective grantor trust which includes the assets contributed to it in the grantor’s income tax for income purposes but excludes … [Read more...]
5 Things You Should Know About Trusts
Far too many people make estate planning decisions without having a full understanding of the options that are available. They want to put some type of estate plan in place without exerting a lot of effort, and they use DIY templates to create simple … [Read more...]
What Bruce Willis Can Teach Us About Incapacity Planning
When Bruce Willis announced his retirement from acting because of aphasia, it sent shockwaves through Hollywood and across the country. Just a few weeks ago, Bruce’s family indicated that the disease had progressed to frontotemporal dementia … [Read more...]
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