News
How the rich pass on their wealth. And how you can too
1+ mon, 3+ week ago (782+ words) The rich have made an art of avoiding taxes and making sure their wealth passes down effortlessly to the next generation. But the tricks they use " to expedite payouts to heirs and avoid handing money to the government " can also…...
Do you need a "Digital Asset Addendum" to your will? See expert tips on your digital legacy
5+ mon, 1+ week ago (470+ words) Read: New study finds that common sleeping aids worsen sleep in older adults So what happens to all of that digital material when someone passes away or becomes incapacitated, and their loved ones have no way of accessing it " or…...
How to Create a Legally-Binding Will and Estate Plan Without Hiring a Lawyer " for Less Than the Price of a Night in a Mid-Range Hotel
2+ mon, 1+ week ago (264+ words) For many people, estate planning sits firmly in the category of "important, but someday." It's easy to put off writing a will or setting up a trust when life is busy and the process feels intimidating, expensive, or overly legalistic....
Can probate delays be avoided?
2+ mon, 1+ week ago (1666+ words) Personal representatives, such as executors and administrators, play a key role in avoiding probate delays. These people are responsible for managing the estate, which impacts the probate timeline. However, heirs and beneficiaries also contribute depending on whether they start disputes....
How transfer-on-death deeds help homeowners avoid probate
2+ mon, 1+ week ago (891+ words) Homeowners looking to pass property to heirs without probate are increasingly asking about transfer-on-death deeds, a tool that can simplify estate planning while allowing owners to keep full control of their homes during their lifetime. In a recent interview, Harry…...
Suze Orman's Estate Planning Advice Could Save Your Family $50, 000 in Probate Costs
1+ mon, 3+ week ago (599+ words) Probate attorney fees are calculated as a percentage of estate value. Some estates lose over $100, 000 to court supervision. Unfunded trusts provide zero probate protection. Many families pay for trust documents but never complete the retitling process. Financial advisor Suze Orman…...
The Biggest Mistakes People Make In Their Wills, According To Estate Lawyers
2+ mon, 4+ week ago (1374+ words) Your last will and testament is one of the most important legal documents that you will ever make. It allows you to direct where you want your property, guardianship and debts to go after you die, and allows you to…...
Michael Jackson Accused of Child Sexual Abuse and Trafficking in New Lawsuit 17 Years After His Death
1+ mon, 2+ week ago (384+ words) Michael Jackson has been accused of child s-- trafficking and abuse by his former friends in a new lawsuit " 17 years after his death. Siblings Frank, Dominic, Marie-Nicole Porte and Aldo Cascio filed paperwork in a Los Angeles court on February 27 and…...
How to Use an LLC for Estate Planning: Tax Benefits and Examples
1+ week, 4+ day ago (1497+ words) A financial advisor can help you determine whether an LLC fits into your estate plan and how to structure it alongside your other wealth transfer strategies. A family LLC is a limited liability company in which members are family members…...
Advanced Estate Planning: Real Estate and Investment Portfolio Examples
1+ week, 6+ day ago (1234+ words) Real estate and investment portfolios can add complexity to estate planning. These assets often involve title transfers, valuation issues and tax implications that standard documents may not fully address. Wills and revocable trusts help, but they may fall short if…...