When to Use a QTIP Trust
If you’re married, you may consider establishing a QTIP trust, which is short for qualified terminable interest property trust.
What You Need to Know about Probate
A will is a legal document that spells out the distribution of your assets and how your children will be cared for at your death. Probate is a process used to prove a decedent’s will is valid and to supervise the handling of their estate.
What Not to Do with an Estate Plan
Sometimes people attempt to make an estate plan online without consulting legal and financial professionals to avoid the higher cost. However, everyone’s situation is unique, and using a boilerplate estate plan can lead to mistakes.
Checklist for Estate Plan’s Success
Every so often, it’s smart to methodically go through your estate planning documents and see if any tweaks are needed. Here’s a checklist to guide you through that mission.
What Hobbies Add Years to Your Life?
Research shows that some hobbies can add years — or even decades — to your life.
What Foods Should I Avoid after 50?
We’re not going to lie. Eating healthily after 50 means effort on two fronts: boosting your intake of good-for-you foods such as berries, leafy greens, whole grains and lean proteins, while cutting out the foods that clog your arteries and oh-so-easily expand your waistline.
Responsibilities of Trustees
A trustee is a fiduciary which, essentially, is a person that owes a legal, ethical and, perhaps, moral obligation to act in the interest of another.
What’s a QTIP Trust?
Creating a trust as part of an estate plan can help protect assets and ensure your financial legacy is preserved. If you’re married, you may consider establishing a QTIP trust, which is short for qualified terminable interest property trust.
Why Do I Need a Will Like Yesterday?
Talking about and thinking about death can be very uncomfortable. But avoiding the issue altogether and leaving yourself-or more importantly, your family members-unprepared for such a reality is even worse.
Does Your Estate Require A Probate?
Every estate that holds titled property must be probated if title to that property is not transferred using some other wealth transfer method.
