How Probate affects Real Estate Transactions
Is it better to transfer the title of the home to us, or to leave it as it is given her age and go through probate?
Ethan Huizenga December 14, 2020
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Joint Accounts and Beneficiary Designations
Remember that a will goes through probate, so a husband and wife typically try to avoid it by using joint ownership or beneficiary designations. However, they’re often mistaken by believing the will still controls their estate.
Ethan Huizenga December 5, 2020
Gifting and Your Estate Plan
Gifting sounds pretty simple, but there are many ways to do it. There are also several tax ramifications to be aware of.
Ethan Huizenga December 3, 2020
Who Needs a Special Needs Trust?
If you are the parent of a person with special needs, you are well aware that the role you play is very different than it may be for other children. Properly planning to meet their financial needs, both in the immediate and long term, is a critical part of supporting your child. This support must often continue well past the typical age of adulthood, which means parents need to put in place financial tools to care for their children, in the event of the parents’ death.
Ethan Huizenga November 25, 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
Reviewing Your Estate Plan Protects Goals
Most people wish to have more control over who and how their assets are managed than what the state laws provide, and so they draft documents that can override the Laws of Intestacy, when those laws do not match their objectives.
Ethan Huizenga October 26, 2020
5 Estate Planning Myths Everyone Believes
These all-too-common misconceptions can steer your estate plans in the wrong direction right from the start. Here’s how to overcome them and tips to build the right plan for your family.
Ethan Huizenga October 20, 2020
What are Trustee Fees?
When creating an estate plan, it may be necessary to name a trustee to handle your assets.
Ethan Huizenga October 13, 2020
6 Pre-Election Estate Planning Strategies
Why wait? A variety of trusts—from SLATs to BDITs, GRATs and more—can help you be proactive in protecting your wealth.
Ethan Huizenga October 5, 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
