Pour-Over Wills Explained: The Perfect Addition To a Trust-Based Estate Plan Pour-Over Wills Are Used To Ensure Every Asset In Your Estate Is Protected Wills and trusts are the two basic legal instruments that people use to pass accounts and property on to their loved ones at death. Although a revocable living trust is often [...]
The Important Role Of Real Estate Deeds In Estate Planning The Different Types Of Real Estate Deeds & Why You Might Want To Use Them When using trusts in estate planning, a key element includes transferring the trustmaker’s real estate into the trust by recording a deed with the local recording authority. This step is [...]
5 Estate Planning Tips For Cross-Border Families A Complete Guide To International Estate Planning 1. Consider Using Multiple Wills Or An International Will In the United States, modern estate planning often centers around the use of a Revocable Living Trust (“RLT”), but in many other jurisdictions the use of an American RLT can create [...]
Why You Might Not Want To Be a Client’s Beneficiary Imagine the following scenario: As a professional advisor, you have worked with a married couple for decades. They have been ideal clients, have taken a genuine interest in you and your family, and have told you on multiple occasions how much they appreciate your [...]
Resolving Tangled Titles & How It Affects Property Deeds, Homeownership, & Estate Planning How Estate Planning Can Help Prevent Tangled Titles Do You Really Own The Home You Live In? If you are currently living in a property that you inherited but the deed has not been transferred into your name, you may be surprised [...]
Qualified Personal Residence Trust (QPRT): How Does It Work & What Are The Benefits? How The Advantages Of The Qualified Personal Trust Work Americans have enjoyed historically high estate tax exemption rates for most of the last twenty years. Such high exemption amounts have kept many of them from needing to seek out more advanced [...]
How Slayer Statutes Stop Killers From Profiting From Their Crimes Slayer Statutes: Prevent a Killer From Inheriting Anything From Their Victim Most states have laws that prevent someone who has intentionally killed another individual from being able to inherit any property from their victim. In general, these laws are referred to as “slayer statutes” and [...]
All Good Things Must Come To An End: Reasons a Trust Might Terminate Arizona Estate Planning Attorneys Discuss The Process Of Terminating a Trust Nothing lasts forever. While trusts can stretch across generations and keep valuable money and property within a family, no trust has unlimited funds or an interminable time horizon. Every trust, at [...]
Social Media Presence: Five Important Estate Planning Questions To Consider Questions To Ask Yourself About Your Social Media Presence From Arizona Estate Planning Attorneys Social media is about putting yourself out there to connect with people, sometimes all over the world. If you are a social media influencer, not only are you being social, you are [...]
What Happens To Our Social Media Accounts When We Die & Why Does It Matter? How To Protect Your Social Media Accounts After Death According to Statista, more than 295 million people in the United States use social media. If you are an avid social media user, have you considered what will happen to your [...]
