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The Pros and Cons of Probate

Posted on: January 23rd, 2017
In estate planning circles, the word “probate” often comes with a starkly negative connotation. Indeed, for many people — especially those with larger estates — financial planners recommend trying to keep property out of probate whenever possible. That being said, the probate system was ultimately established to protect the property of the deceased and his/her heirs, and in a few cases it may even work to an advantage....

Impacts of the Trump Presidency on Estate Planning: Your Quick Guide

Posted on: January 20th, 2017
It's official — the Electoral College voted on December 19, 2016, essentially completing the 2016 presidential election cycle. With that bit of uncertainty behind us and a fresh year starting out, here's what you need to know about planning your estate under the incoming Trump administration and Republican-controlled Congress....

Estate Planning for Physicians

Posted on: January 19th, 2017
You’re smart and you worked hard in college and medical school; you’re respected in the medical profession and your community; you’ve got a nice house and car. Unfortunately - there’s a downside to all of that. As your worst nightmare suggests, there’s always someone who is primed and ready to take it all away....

Why Your Estate Planning Project Must Morph into a Process

Posted on: January 16th, 2017
Many people put their estate plan on their to-do list as a one-time project: “Create estate plan” or “Meeting with lawyer 10:30 a.m. Thursday for estate plan.” Thinking of your estate plan as a single project or task to complete and move off your list is a common approach – but it’s also an approach that can land you in considerable hot water. Here’s why it’s essential to view your estate plan as a process, rather than a project....

‘Till Death Do Us Part, Too: Estate Planning Tips for Commitment Without Marriage

Posted on: January 12th, 2017
Advice columnist Ann Landers once observed that “love is friendship that has caught fire.” If that’s true, there are thousands of ways for that blaze to unfold. For many Americans, such devotion and passion do not need to be neatly formalized as marriage....

Why a Trust is the Best Option for Avoiding Probate

Posted on: January 9th, 2017
As Ambrose Bierce once darkly observed, “Death is not the end. There remains the litigation over the estate.”...
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