Tag Archives: Divorce

U.S. Supreme Court Rules on Beneficiary Designation Dispute

> Relying on state or federal laws to administer your estate is never advisable. > Beneficiary designations supersede the provisions of a Will or Trust. > By organizing your assets as a part of your estate planning, you can ensure … more

Posted in Uncategorized | Tagged , , , , | Leave a comment

Estate Planning for the Single Person

> Every legal adult should ensure that his or her wishes are clearly stated in proper estate planning documents.   > Safety nets available to married individuals with children are not as reliable for single individuals.   > Failing to … more

Posted in Uncategorized | Tagged , , , , , | Leave a comment

The Empty Trust

POWER POINTS > The end of the year presents a great opportunity to review your estate plan, your newly acquired assets and the funding of your Trust. > An unfunded Trust fails to take advantage of one of the greatest … more

Posted in Uncategorized | Tagged , , , , | Leave a comment

Painless Estate Planning

Creating a responsible estate plan does not have to be as painful or difficult as many people believe. As a matter of fact, the whole process can be completed within a few weeks. More importantly, once it is complete, you … more

Posted in Uncategorized | Tagged , , , , | Leave a comment

When a Do-It-Yourself Divorce Goes Wrong

> Removing the counsel of experts rarely results in decreased costs and increased efficiency. > Each asset’s characteristics must be considered carefully when being transferred, whether it is due to divorce, planned giving or death. > Integrating your advisers allows … more

Posted in Uncategorized | Tagged , , | Leave a comment

Estate Planning, Marriage and Divorce

When considering marriage or a divorce, your estate planning is likely low on the list of priorities. However, these are significant changes in a family situation that should trigger an immediate review of your existing estate planning documents or preparation … more

Posted in Uncategorized | Tagged , , , , , , , | Leave a comment

Year-End Estate Planning To-Do List

> Familiarity with the terms of your documents is an essential part of having an up-to-date estate plan.   > If you do not have an estate plan in place, the end of the year is an ideal time to … more

Posted in Uncategorized | Tagged , , , , , , , | Leave a comment

The Importance of Funding Your Trust

> It is important to revisit your estate plan from time to time to ensure that it accurately reflects your wishes for your family and assets.   > An unfunded Trust fails to take advantage of one of the greatest … more

Posted in Uncategorized | Tagged , , , , , | Leave a comment

Lamar, Khloe & the Urgency of Estate Planning

> Estate planning documents should be reviewed or prepared immediately upon consideration of divorce or any other significant life event. > Divorce does not affect estate planning documents upon filing, only when the divorce is final. > With proper planning, … more

Posted in Uncategorized | Tagged , , , , | Leave a comment

Spectrum of Withdrawal Limitations

> Trusts allow for withdrawal limitations ranging from common to creative. > Overly-specific requirements may burden the family and trustee and be struck down if they violate public policy. > Understanding and anticipating the practical administration of the estate prior … more

Posted in Uncategorized | Tagged , , , , , | Leave a comment