Blog Posts in October, 2012

Learning from the Stars: Celebrity Estate Planning Mistakes

Estate planning is a complicated endeavor, and you shouldn’t try to draft a will, set up trusts, or divide your possessions without the help of a probate attorney. There is a lot to learn about ...
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Can you Terminate a Trust Fund?

If you are the heir of a trust fund, you may want to terminate the trust and remove the assets that are therein. As well, as the creator of the fund you may decide to change your mind and terminate a ...
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What is a Psychiatric Advance Directive?

Five percent of all Americans have a serious, chronic mental disability. Studies show that half of all Americans will be affected by some sort of mental illness at some point in their lives. This can ...
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Estate Planning and Blended Families

Not all families are typical. In fact, most families in this day and age are not a mother, father, and biological children. There may be step-children, half-sisters and half-brothers, adopted ...
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How to Set up a Tax ID for your Estate

If you will be administering an estate, then you are going to need to obtain a tax identification number first. This is often referred to as TIN or employer identification number (EIN.) The TIN is ...
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Corporate Trustees: What are They and Should you Get One?

If you created a trust to protect your beneficiaries, then you might want to name a corporate trustee to guard the assets, rather than a family member. Even the family that you love and trust most may ...
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What is Your Net Worth?

If you are planning your will and determining what you want to do with your fortune when you pass away, it’s important that you know what your net worth is. You are going to have to take steps ...
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Make a Plan for your Prized Collection

Many people love to collect, and those collections can end up being incredibly valuable later on in life. Whether you have a case of Elvis memorabilia or a stack of baseball cards, your collection ...
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Planning for your Business Exit in Today's Market

When we think of estate planning, we normally think about the assets that we will leave behind for our children and grandchildren upon our deaths. Yet estate planning also includes all plans for ...
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How to Create a Health Care Proxy

While we wish we were immortal, the fact is that every person on earth eventually ends his or her life. During the later stages of living, aging Americans often run into health complications. Some ...
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