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Archive for Category: Estate Planning

3 Reasons Why Transferring Ownership Of Your Home To Your Child Is A Bad Idea

Whether it’s to qualify for Medicaid, avoid probate, or reduce your tax burden, transferring ownership of your home to your adult child during your lifetime

Are you ready for the Estate Tax Exemption to Sunset in 2025?

The Estate Tax Exemption is a tax imposed by the federal government when property and assets are transferred to your heirs and beneficiaries at your

When Is Probate Required?

Probate is required when a person passes and leaves behind assets that are solely in their name. A probate case, overseen by the court, is

The Importance of Avoiding Probate

People often put off estate planning for many reasons. We make excuses such as….a trust is too costly, I don’t have enough assets to make

Estate Planning Can Leave A Legacy Beyond Just Your Assets

Your estate is made up of all your personal possessions, including your home, vehicles, bank accounts, investments, insurance, household items, and more. But your wealth

How to Protect Assets During a Recession

As you’ve probably noticed by now, we’re in the midst of great economic shifts. The roller coaster of the stock market, rising interest rates, dropping

The 5 Essential Documents of Estate Planning

There are five essential documents you need to have in place to ensure that your family and assets are taken care of if you become

Estate Planning for Doctors

Doctors work hard, they work long hours, and they have a fairly selfless job in which they take on challenges and even risks to help

Chronic Illness Can Influence Estate Planning

Do you suffer from a chronic illness? Whether it is severe or mild, you want to consider it carefully when you do your estate planning.

When Should You Update an Estate Plan?

Creating an estate plan is a big step toward making sure your family members are taken care of after you pass away. While some people

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