23 12, 2015

Wills Vs. Trusts: Take Control of Your Wealth Distribution!

2017-10-05T18:38:44-04:00December 23rd, 2015|

You work hard for your money and want to ensure that your wealth distribution goes according to your wishes upon death. Sadly, many people simply don't understand the difference between wills and trusts and how they can affect inheritance. Don’t [...]

15 12, 2015

HELP! This Probate Is Taking Forever!!!

2017-10-05T18:27:14-04:00December 15th, 2015|

After a loved one dies, her estate must be settled. While most people want the settlement process to be done ASAP, probate can take between 18 and 24 months. Yes, you heard that right. The time delays create unnecessary stress. [...]

15 12, 2015

3 Simple Ways to Avoid Probate Costs

2018-02-02T22:10:48-05:00December 15th, 2015|

The bad news: probated estates are subject to a variety of costs from attorneys, executors, appraisers, accountants, courts, and state law. Depending on the probate's complexity, fees can run into tens of thousands of dollars. The good news: probate costs [...]

15 12, 2015

How to Avoid Sending Your Loved Ones (and Assets) through Probate

2018-02-02T22:10:48-05:00December 15th, 2015|

Today many people are using a revocable living trust instead of a will or joint ownership as the foundation of their estate plan. When properly prepared, a living trust will avoid the public, costly and time-consuming court processes of conservatorship [...]

11 12, 2015

How to Make Your Inheritance Last

2018-02-02T22:10:48-05:00December 11th, 2015|

A 2012 study by Ohio State researcher Jay Zagorsky found that about one-third of Americans who receive an inheritance have negative savings within two years of getting their money, and of those who receive $100,000 or more, nearly one in [...]

1 11, 2015

What the Recently Released 2016 IRS Inflation Adjustments Mean for You

2018-02-02T22:10:49-05:00November 1st, 2015|

The Internal Revenue Service has released the official inflation adjustments that will affect 2016 federal reporting for estate taxes, gift taxes, generation-skipping transfer taxes, and estate and trust income taxes. These changes will affect the way your accountant and your [...]