Tag Archives: Joint Accounts

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

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The Missing Will

> If the original Will cannot be located, state law and the probate court will determine whether a copy can be accepted.   > It is important to locate your original Will or have a new Will prepared and executed. … more

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Yes, Single People Need Estate Planning Too

> 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 certain for single individuals. > Failing to plan can … more

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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

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Your Estate Planning Goals

POWER POINTS + Estate planning is about much more than just who will receive your assets after death. + Proper estate planning can reduce the cost, time and likelihood of conflict when your assets are to be transferred to your … more

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The Costs of Procrastinating on Your Estate Planning

POWER POINTS: Estate planning encompasses more than just taxes and asset distribution. Failing to make your wishes known through legal documents increases the likelihood of unnecessary family conflict, costs and delays. Having a proper estate plan ensures efficient estate administration. … more

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Siblings Battle Over Mother’s Joint Account

When it comes to granting access to an account, there are multiple options that carry various risks and benefits during the account owner’s life and will have drastically different results at the owner’s death.  Choosing an option without understanding these … more

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Issues to Be Considered Regarding Joint Accounts

Joint accounts are often used as a simple way to give a caretaker access to the account to pay the bills of someone who is unable to do so.  It seems simple enough—mom cannot make trips to the bank or … more

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