October 30, 2020 •
Estate Planning ![]()
Cornelius Vanderbilt was among the richest Americans ever to have lived. Born in 1794, he built his fortune on railroads and shipping. To put his wealth into context, in today’s dollars when adding inflation, his fortune would be worth $215.7 billion.
Read MoreOctober 23, 2020 •
Estate Planning ![]()
Most states recognize inheritances as separate property, and many experts say keeping them separate is often the best approach.
Read MoreOctober 21, 2020 •
Estate Planning ![]()
Estate planning is the process of transferring the management of your assets, if and when you are unable to manage them yourself due to disability or death. Whether you have $100 or $100 million you should have an estate plan.
Read MoreOctober 8, 2020 •
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For most of us, considering the distribution of the property we have accumulated over our lives is a painful reminder of our mortality.
Read MoreOctober 6, 2020 •
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Unfortunately, due to hidden resentments, siblings still tend to end up in court suing each other and losing great chunks of their inheritance in the process all too frequently.
Read MoreOctober 2, 2020 •
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If you decide to leave assets in a trust for your beneficiaries, consider your designation of trustee carefully. The most important person in the trust framework is the trustee, the one responsible for managing trust assets.
Read MoreSeptember 28, 2020 •
Estate Planning ![]()
My aunt recently asked me to be the executor of her will when she dies. I’m flattered that she asked, but I’m not sure what exactly the job entails.
Read MoreSeptember 22, 2020 •
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As part of your estate planning, don’t forget to consider a power of attorney.
Read MoreSeptember 18, 2020 •
Estate Planning ![]()
A will is just one of several legal documents that help your loved ones know your end-of-life wishes.
Read MoreSeptember 15, 2020 •
Estate Planning ![]()
You would like to pass a house tax-free to your heirs. After all, you want to give them a gift, not the burden of taxes. How do you do that?
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