What is a Failed Testamentary Transfer and How Do I Prevent it From Happening?

What then happens when gifts made in a testamentary instrument, such as a will or a trust, lapse (fail) because the beneficiary is either deceased or is deemed to be deceased (such as with an ex-spouse)?

This is the Year to Complete Your Estate Plan!

If You Haven’t Started Your Estate Plan, Now is The Time.

In Estate Planning Does Anyone Really Need a Trust?

The simplest definition of a trust is a three-party fiduciary relationship between the person who created the trust and the fiduciary for the benefit of a third party. The person who created the trust is known as the “Settlor” or “Trustor.” The fiduciary, known as the “Trustee,” is the person or organization with the authority…

Do-It-Yourself Will Leads to Disaster

Denise Palmer Cockrum expected that her husband’s will would protect her from trouble, after he died. However, the DIY will that the couple created wasn’t signed or notarized correctly. She now finds herself in Dorchester County Probate Court fighting for her home.

Does TV Mogul Sumner Redstone Have the Mental Capacity to Change his Estate Plan?

The ugly public legal battle over Sumner Redstone’s estate plans has come to an end, as a Los Angeles judge on Wednesday ruled the 95-year-old mogul had the mental capacity necessary to amend his trust in 2015 and 2016.

You Can Avoid Elder Financial Abuse, but How?

While a longer life is a good thing, it will also present challenges – and unfortunately, sometimes financial predators.

How Can I Goof Up My Estate Plan?

Even a small mistake can create huge problems during the settlement process, and in many cases, these errors are impossible for anyone to correct.

What Doesn’t Medicare Cover?

It’s important to understand that Medicare Part A and Part B leave some pretty significant gaps in your health-care coverage.

Federal Estate Taxes of Little Worry for Most of Us

According to the Tax Policy Center, in 2018 only 1,890 estates in the U.S.–a drastic reduction from prior years–were estimated to be subject to the estate tax.

Still Wondering Why You Need to Review Your Estate Plan?

Are you avoiding this necessary task?

An estate plan is the guide to how you want your personal and financial affairs to be handled, in the event of your incapacity or death. As life changes, your guide changes with it.