Those who are looking to bequest collectibles within an estate plan are wise to have an accurate appraisal completed for the items. Getting an accurate appraisal for these keepsakes can be difficult.A recent case provides an example. Details of the case: The case...
Control. This is arguably the most well-known reason to get a will. Those who create a will can control how assets are distributed. Without this document, the state will decide how these assets are distributed.Although a good incentive to put together a will, control...
Choosing a guardian for your child is difficult. The process is more than just a legal decision, it is full of emotion. It is often tempting to delay the conversation — especially when everyone is young and in good health. However, as noted in our last post, an estate...
Estate planning is not just for senior citizens or those preparing for retirement. Three reasons even young families need an estate plan include:Control. If you do not put together an estate plan, the state will. State law will govern the distribution of assets for...
Are your children protected if something happens to you? This is a difficult but necessary question every parent should ask. Estate planning is one of the best ways to protect your loved ones now and in the future. This is especially true for protecting your children...
The major holiday gift giving period is largely over. Hopefully you got all that you hoped for. In some families, some fun may have been had by exchanging so-called white elephant gifts. What that means is that someone might have wound up with one of late Uncle Murd's...
December offers many opportunities for family to gather and celebrate the holiday season. It's also a time when adult children, dispersed by life's demands, often return under the same roof as their aging parents. While it's still wise to avoid discussing politics and...
Do you know what will happen to you if you become incapacitated? What type of medical care will you receive and who will be responsible for making decisions for your care? These are important questions to answer before it’s too late. How does a health care...
There are a few things required to justify creating an asset protection plan. Contrary to what most people think, being as rich as a Rockefeller is not one of them. More important is to appreciate that life is about more than the here and now. If you are married, with...
When you think of collectors the first thing that might come to mind is art. Stamps or coins might surface next, along with comic books, cars and baseball cards. But anything can be the object of personal passion. What qualifies can seem odd to others, but to the one...
