Estate Planning Blog

Is It Important for Physicians to Have an Estate Plan?

April 1, 2022

Given their salaries and the chances of getting sued, physicians should strongly consider estate planning early in their careers.

Estate Planning

Cryptocurrency and Estate Planning: What Executors Need to Know

March 30, 2022

My dad is investing in cryptocurrency! I know nothing about it and, frankly, I am not interested in learning. I think it is a passing fad. When he dies and I am responsible for the distribution of his estate to my siblings, do I need to address the crypto?

Estate Planning

How Do I Talk to My Parents About Estate Planning?

March 28, 2022

If you have a parent over the age of, say, 65, thoughts about their future may have started to creep into your mind. But because end-of-life planning can be emotional and overwhelming, it’s tempting to put these conversations off — and even more pleasing to avoid them altogether. If there’s a lesson to be learned from the pandemic, however, it’s that waiting until the last minute to prepare is seldom a good idea.

Estate Planning

Should I have a Charitable Trust in My Estate Plan?

March 25, 2022

A charitable trust allows you to donate assets to a chosen tax-exempt charitable organization or nonprofit and comes with certain tax benefits to help you minimize what you might owe to the government.

Estate Planning

Are Millennials Estate Planning?

March 23, 2022

As the coronavirus pandemic increased anxiety and upended many lives, it led U.S. millennials to get more serious about end-of-life planning.

Estate Planning

What Does an Estate Plan Include?

March 21, 2022

A will is first. In essence, a will spells out who will get your stuff, in what proportions they will get it and in some instances at least, upon what conditions.

Estate Planning

Why Do So Few Black Americans Have Wills?

March 18, 2022

When actor Chadwick Boseman died, he didn’t have a will. Neither did recording artists Prince and Aretha Franklin. Each time the news broke, there was surprise that such notable names hadn’t made estate plans. Yet, estate planning isn’t as common as experts argue it should be, particularly among Black Americans.

Estate Planning

How Do I Give Assets to Minor Grandchildren in My Will?

March 16, 2022

You have many options to make sure your wishes are followed after you die.

Estate Planning

What Can a Trust Do for Me and My Family?

March 14, 2022

Trusts are often associated with the rich, but the uber-wealthy are not the only people who can benefit from using trusts. There is no minimum asset level or net worth required to set up a trust, and you can put any amount of money into a trust.