In speaking with clients and potential clients, we are often asked “Do I need a will?” or “Why do I need a will?” These simple questions deserve an honest answer. Regardless of your age, financial status, family situation, and health, executing a valid will can only...
What happens to your property when you die without a will?
Regardless of what property you own, you likely acquired that property through working hard and devoted a significant amount of your time and energy. While it is true you cannot take your property with you when you die, it does need to go to someone. Understanding...
Will estate tax exemptions change in 2021?
Taxation is always an important political topic, especially when there is a change in the Presidency. Regardless of how closely you follow politics, it is important to consider how a Presidency change could impact your personal life and your financial situation,...
Understanding living wills and living trusts
If you are starting to learn about different estate planning tools, you may find it confusing to distinguish between a living trust and living will. Each serve an important purpose in an estate plan, but they have distinct purposes, so it is important to understand...