How to Protect an IRA From Heirs’ Creditors
When a person declares bankruptcy, an individual retirement account (IRA) is one of the assets that is beyond the reach of creditors, but what about an IRA that has been…
Be Careful Not to Name Minors as Your Beneficiaries
Most people want to pass their assets to their children or grandchildren, but naming a minor as a beneficiary can have unintended consequences. It is important to make a plan…
Using Life Insurance as Part of Your Estate Plan
Life insurance can play a few key roles in an estate plan, depending on your age and situation in life. There are two main types of life insurance: term and permanent.…
How to Create an Estate Plan That Includes Your Pet
Pets are members of the family, so it is important to consider how to provide for them in your estate plan just as you would the human family members. While…
Why You’re NOT too Young for an Estate Plan
I always tell people who ask who really needs an estate plan, if you’re over the age of 18 and you have someone you care about, or someone cares about you,…
Busting the “Not Enough Stuff” Myth
Myth: You must have significant assets in order to have an "estate plan." Answer: NO! If you're hung up on having stuff because we call it "estate" planning, then try…
5 reasons an attorney is better than DIY for your estate plan
Don’t get me wrong, I love DIY, I really do. I’ve done the remodeling of homes, the epic Pinterest fails (I really should have posted them), the fixing of various…