Estate Planning and the Troubled Child
Every family has one–or maybe more–black sheep. They’re people who march to their own drum and handing them an inheritance could be problematic.
Ethan Huizenga
January 8, 2021
How to: Stop Family Fights over an Inheritance
After a loved one passes, one of the biggest hurdles families face is passing wealth onto the next generation. Unfortunately, family dynamics can spur conflict and infighting among descendants.
Ethan Huizenga
December 15, 2020
3 Ways to ‘Stretch’ Out IRA Distributions
The SECURE Act killed the stretch IRA but instead of mourning, advisors can help clients make up the loss.
Ethan Huizenga
November 30, 2020
What are the Responsibilities of a Trustee?
A trustee is a manager of assets in a trust. The grantor creates the trust and appoints the trustee. A trustee has a ‘fiduciary duty’ to serve the grantor and not benefit personally.
Ethan Huizenga
November 23, 2020
5 Ways to Settle Disputes over an Estate
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.
Ethan Huizenga
October 15, 2020
Distributing Unequal Amounts in an Estate Plan
For most of us, considering the distribution of the property we have accumulated over our lives is a painful reminder of our mortality.
Ethan Huizenga
October 12, 2020
What Needs to Happen after a Spouse Dies?
The list of things you need to do after someone dies can seem endless, especially during a time when you are also grieving.
Ethan Huizenga
September 28, 2020
What Is Involved with Serving as an Executor?
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.
Ethan Huizenga
September 25, 2020
Trusts: The Swiss Army Knife of Estate Planning
We may think of a spoiled heiress to a large fortune, whose parents were savvy enough to prevent her from having full access to her funds. On the other hand, we could imagine a loved one with special needs, whose needs will be provided for with trust-protected money.
Ethan Huizenga
September 21, 2020
Different Trusts for Different Purposes
Trusts are legal entities that own assets, and all trusts are not alike. They are created by a written trust document with certain provisions that can vary from trust to trust.
Ethan Huizenga
September 7, 2020
