Whether you have just your home to consider, a cabin or multiple parcels of unimproved land that you purchased as speculative investments, real estate holdings may be among the most valuable assets that you possess. Your real estate holdings may represent a...
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Estate planning after remarriage: Key questions to ask
Love is a beautiful thing. And finding love again, especially after a protracted divorce, can bring immense joy into your life. However, one of the things you must never overlook after remarrying is updating your estate plan. This is especially important if you are...
Why include a special needs trust in your estate plan?
When you have a child with special needs, you have to think carefully about how to protect and support them. Rather than expecting to support them for roughly two decades, you will need to support them possibly for the rest of your life and even after you die. A...
How income taxes that can reduce your legacy
Numerous obligations can diminish the legacy that you leave for your loved ones or your favorite charities when you die. If you have personal debt, the representative of your estate will need to pay your debts in full before they distribute your assets to others....
Your estate plan can protect you when you are vulnerable
For many people, estate planning makes them think of dividing their property among their children after their death. Certainly, the distribution of your assets after your passing is a major issue that you will address when planning your estate. Many estate planning...
Will your student loan debt outlive you?
Americans are carrying student loan debt into middle age and beyond – particularly those who went on from college to get a graduate or professional degree. That means the subject of what happens to student loan debt when the borrower dies has become one that many...
What you need to know when choosing your IRA beneficiaries
If you have a significant amount of money in your retirement accounts, you’ve probably given careful consideration to your beneficiary designations for these accounts. Individual retirement accounts (IRAs) come with some restrictions for those who inherit them, so...
2 essential estate planning tips for Millennials
Most Millenials, also known as Gen Y, are always reluctant to think about and plan for their own deaths. After all, no one wants to think about death when they are at the peak of their lives. However, some of life’s truisms hold for every adult regardless of their age...
When should high-net-worth individuals update their estate plans?
San Jose is Silicon Valley’s largest city. As such, many high-net-worth individuals live and work in this area of California. They work extremely hard to keep up with the ever-evolving tech environment for which Silicon Valley is known. It makes sense for these high...
Is estate planning really too expensive?
As someone who has a family and who works in a lucrative field, it’s important that you take a look at your life and what you want to do to protect your assets, your family and yourself in the future. Estate planning is a great way to take control over the unknown...