Grief, Then Paperwork: The Messy, Thankless Job of an Estate Executor
After relatives die, there is a tedious, messy process of managing what they leave behind. Click here to read more
How to Leave Your Heirs An Inheritance – Not a Tax Bill
The new rules of inherited IRAs might warrant a rewrite of your estate plan. Click here to read more.
The Need for Power of Attorney
The Need for Power of Attorney POAs and other advanced directives are becoming more important The point of the POA. A power of attorney (POA) is a legal instrument that delegates an individual’s legal authority to another person. If an individual is incapacitated, the POA assigns a trusted party to make decisions on his or her behalf. There are nondurable, springing, and durable powers of attorney. A nondurable power of attorney often comes into play in real estate transactions, or [...]
Year-End Estate Strategies
Year-End Estate Strategies What you need to know to get ready for the end of the year. With one year ending and a new one on the cusp of starting, many people will consider their resolutions—not their estate strategy. But the end of the year is a great time to sit down and review your preparations, especially when you're spending more time with your loved ones; even more important if you have a complicated estate that may need to get [...]
An Executor Checklist
An Executor Checklist The steps you may need to take to fulfill a major responsibility. If you are an executor to an estate, you must carry out your duties responsibly. Fulfilling these duties is not only a measure of your ability, but a measure of your character. You can approach these tasks methodically. In fact, it is probably best if you do. Here are the common steps required of executors, before and after the death of a testator. What should [...]