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When Is a Family Limited Partnership Needed?

You don’t have to be ultra-wealthy for a family limited partnership to make sense.

Posted on: January 3, 2023

What’s Is the Best Way to Give to Charity?

It may be better to give than to receive. However, it may be even better to give and see your generosity rewarded.

Posted on: January 2, 2023

How Do You Stop a Sibling from Stealing an Inheritance?

The death of a parent can be emotionally trying, especially if the passing was unexpected. It can also be a test of your patience, if there are complicated estate issues to sort out.

Posted on: December 30, 2022

Why Professionals and High Net Worth Families Need Estate Planning

Physicians may deal with life and death issues every day. However, few may want to think about the eventuality of their own end.

Posted on: December 29, 2022

Should Spouses Use the Same Estate Planning Lawyer?

You and your spouse may visit the same primary doctor, financial advisor and tax preparer. However, what about preparing your wills?

Posted on: December 28, 2022

Can I Leave Money to My School in My Estate Plan?

A love for nursing and a desire to help young people prompted a Norfolk man to include a nursing scholarship at Northeast Community College in his estate planning.

Posted on: December 27, 2022

Is an Estate Plan Battle Looming?

If you own any property at all, you probably know about estate planning. You can decide what happens to your assets after you die, of course.

Posted on: December 23, 2022

Do I Need a Last Will and Testament?

A Last Will and Testament is a document you create during your lifetime that directs where your assets that are subject to probate (the formal process of having your assets distributed through the court system) will go at your death.

Posted on: December 22, 2022

Can Executor Take the Money and Run?

Succession planning involves accounting for the worst-case scenario. Without accounting for these risks, your plan could fail, require expensive litigation or jeopardize the family farm.

Posted on: December 21, 2022

Giving to My Favorite Charity in Estate Plan

Some people choose, upon their passing, to give their inheritance to a specific charity or organization. The great news is you don’t need a famous surname to give like a philanthropist.

Posted on: December 20, 2022