Should I add my child as a joint owner of assets?
A parent might consider adding an adult child as a joint owner of assets. The objectives often include reducing taxes at death, avoiding probate and giving the child…
Posts Tagged “estates and trusts”
Celebrities Who Die Without a Will Leave a Dubious Warning
Celebrities Who Die Without a Will Leave a Dubious Warning How could a musical genius worth millions of dollars in real estate and tangible assets, not to mention…
Planning Your Estate: Are Your Beneficiaries in Order?
Individuals with high net worth, such as many medical professionals, tend to have significant retirement accounts and insurance policies with large death benefits. Anyone who owns a retirement…
Don’t Underestimate the Risk of Needing Long-Term Care
Don’t Underestimate the Risk of Needing Long-Term Care When planning for retirement, most of us take into account our future needs related to food and shelter and our…
Four Estate Planning Resolutions To Kick Off The New Year
One of the easiest action items to consider, but never do, is listing your New Year’s resolutions. One particular important but commonly ignored activity is estate planning. Combine…
Who Gets What When You Have “Yours, Mine and Ours”?
Whether you remember the original with Henry Fonda and Lucille Ball, or the remake with Dennis Quaid and Rene Russo, the movie “Yours, Mine and Ours” depicts the…
