“Most estate planning mistakes tend to be fall into one of several categories. Every estate plan has unique features, but the same problems and mistakes recur. Many mistakes don’t vary with the value of an estate and other factors. Each of the classic mistakes is avoidable. All that’s needed is knowledge of what to beware…

“Chatting about the end of times — specifically your own death — is a rather unappetizing subject for most. More so, perhaps, is discussing your demise along with what becomes of your modest, or hopefully vast, fortune afterward. What’s more is it’s not just an awkward conversation, but a complicated one, too. And according to…

What you need to know about IRAs and 401(k)s, taxable brokerage accounts, bank accounts, and more. We pay good money to estate-planning attorneys to draft trusts and wills. We deliberate over which loved ones are best suited to be guardians for minor children in case of catastrophe. We have heart-to-hearts with our loved ones–though probably…

Everyone has heard the terms “will” and “trust,” but not everyone knows the differences between the two. Both are useful estate planning devices that serve different purposes, and both can work together to create a complete estate plan. One main difference between a will and a trust is that a will goes into effect only…

By Dennis A. Fordham (www.DennisFordhamLaw.com) Special needs trusts, or SNTs, are for special needs beneficiaries who receive needs-based government benefits, such as SSI and Medi-Cal. Assets held in a fully discretionary SNT do not count as available resources for determining needs based eligibility because the trustee has complete discretion over whether, when and how to…

©2016 Marsalese

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