Estate Planning Articles -

Estate Planning Articles

End of Life Instructions- A letter of instruction acts as a clear guide to personal, financial, and funeral information for your surviving family members. Learn what to include in this document and how often to update it.

Inheriting an Individual Retirement Account (IRA) has certain tax implications. Understand your options to avoid costly mistakes.

Assemble a winning team of professionals to help you manage your finances and plan for the future. Make sure these three experts are in your lineup for long-term success.

Family members are often stumped when it comes to locating a loved one’s will after they have passed away. Use these tips to locate this legal document so you can begin the probate process.

Capital gains taxes play an important role in careful estate planning and the probate process. Knowing the specific rules for these taxes and any potential changes to them will help you and your family plan effectively.

Some individuals may consider transferring property to a trusted family member as a part of their estate plan or Medicaid planning. However, there are a few different scenarios to consider before opting for such a strategy to ensure you do not lose the property altogether.

Inheritance and bequests are usually wonderful gifts, but for a beneficiary on Medicaid, these funds can jeopardize their eligibility for benefits. There are ways to receive this money and not be penalized, but they require plenty of careful preplanning.

People and families change, but tearing it up and starting over is not the best option. Consult with an attorney to ensure your wishes are followed.

Speaking with your parents about their legal and financial future isn't an easy thing to do. However, a bit of planning and straightforward conversation can help the entire family avoid unnecessary complications during trying times.

Taxes are an important element to consider when engaging in estate planning. Discover the answers to 5 key estate tax questions.

Learn the basics of filing a final tax return for a recently deceased loved one.

This path of inheritance is the normal distribution under many states' "intestacy statute" (the law setting forth the distribution of the property of a decedent with no will).

When someone you love passes away, the last thing you want to think about is locating legal documents and handling financial matters. Use these steps to make the probate process as simple as possible.

The goal of the Medicaid Estate Recovery Program (MERP) is to recoup all the money that Medicaid spent on a beneficiary’s care. Learn what families can do to minimize the impact of the recovery process.

An ethical will, also known as a legacy letter, is a way to record and pass on your values, beliefs, faith, life lessons, love and forgiveness. For many of us, this is as close as we will ever get to being able to discern the wishes and whims of our predecessors.

Details for caregivers on trusts, including definition of a trust, types of trusts and how to set up a trust.

A will is a legal document that indicates how you want your assets to be distributed upon death. Here is more information on what a will contains and how to write a will.

Would you know what to do if you suddenly had to take over managing money and paying bills for your parent? Here are 10 things you need to know before assuming this responsibility.

Giving your mother’s belongings to others in the family after she goes into a nursing home is a kind and loving gesture.

Your mother's estate may not be subject to will or probate. You can do whatever you want once the estate has been administrated.