Estate Planning
Accounting for Digital Assets in your Estate Plan
Like many things rendered obsolete by the progress of technology, older estate plans may not adequately address the realities of the digital age. In the last 15 years, the Internet has become commonplace and many transactions are now recorded...
Seven Things You Need When You are Personal Representative of an Estate
Being asked to wind up the affairs of a deceased loved one may feel like an honor, but the duties of a Personal Representative, or Executor, as the position is sometimes called, can also be complicated. If you have been named as Personal Representative in...
Trust Settlements – How to Navigate the Process
Regardless of the type of estate plan you have set up, if someone passes away, there are a number of matters that will need to be addressed. A trust sets up the terms for how a trustee should administer the affairs and assets of the deceased. Below are...
Buy-Sell Agreements: Working for the Best and Planning for the Worst
However optimistic you are about the future of your business, the reality is at some point your business will either end or change hands. A thorough business plan takes this into consideration. The best-case scenario is after many years of success, your...
Estate Planning for a Disabled Spouse
Caring for a spouse who suffers from physical and/or mental decline can be an overwhelming task. The healthy spouse often spends the majority of his or her time ensuring that the care needs of their spouse are met. Faced with this daily struggle, it is all...
I Signed My Will, Now What?
Completing your estate plan for the first time is a significant milestone. It means that you have taken an important step forward in planning for your family’s future. Our clients often breathe a sigh of relief after signing their estate...
Special Needs Estate Planning
Special needs planning involves parents or caregivers who are interested in ensuring quality of life, advocacy and services to a child or individual with special needs. The planning itself is two-fold: First, parents and caregivers will want to be sure...
Health Savings Account Account (HSA)
Have a Health Savings Account? Do you know what happens to your HSA when you die? An HSA account is a tax-exempt, medical savings account that is available to United States taxpayers who are enrolled in a high-deductible health plan. Over the last few...
Beneficiary Designations
Clients often ask questions about the use of beneficiary designations in their estate planning. Beneficiary designations can be a convenient way to avoid probate in some situations. If an individual is named as a direct beneficiary on an asset, that asset passes...