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11 Aug 2023, 12:31 pm
In either case, the purpose of the trust arrangement (as opposed to outright distribution) is to ensure continued property management and creditor protection for the surviving family members, to provide for charities, and to minimize taxes.Aside from providing for the intended disposition of your property to spouse, children etc., there are a number of other important objectives that may be accomplished in your will.* You may designate a guardian for your minor child or children if you have… [read post]
25 Nov 2012, 3:38 pm
Here's a better idea: create an estate plan that allows your child to inherit that house at your death. [read post]
26 Aug 2010, 3:00 am
If, for example, there is a surviving spouse and one child, the excess above and beyond the $200,000 is allocated equally between the spouse and the child. [read post]
19 Feb 2023, 9:51 am
Child Custody One of the most important issues that need to be decided in a divorce is child custody. [read post]
12 Apr 2015, 3:53 pm
Cameron left her estate to her husband, who was the father of the child. [read post]
18 Jul 2009, 4:40 am
If you experience any major life changes - marriage, divorce, birth of a child, or death of a spouse or child - update your estate plan immediately. [read post]
15 Dec 2017, 1:12 pm
Last week, I dispelled the myth that you only need a Will in order to have a proper estate plan. [read post]
22 Jun 2024, 8:37 am
His two half-sisters are suing him in New York for mishandling their father’s estate. [read post]
28 Jul 2016, 6:30 am
For more information about estate planning in Overland Park, KS (and throughout the rest of Kansas and Missouri), visit our estate planning website and be sure to subscribe to our complimentary estate planning e-newsletter while you are there. [read post]
29 Aug 2023, 7:40 am
Lien placement: Another method of enforcing child support orders is by placing a lien on real estate or other property owned by a parent. [read post]
8 Mar 2011, 6:00 am
It's not there it punish the child but rather to protect him. [read post]
26 Sep 2024, 12:00 am
If you are thinking about how to secure your child’s future, an experienced Rockville, MD estate planning attorney can help you understand which options best suit your needs. [read post]
13 Sep 2011, 11:06 am
Both a will and living trust are documents able to transfer assets, but only a will can be used to appoint a child's guardian. [read post]
1 Apr 2009, 3:13 pm
Sarah Fitzpatrick: And that trust would often be set up so that the child would not receive all of the income of your estate at 18, for example, if both you and your spouse were to pass away in a common accident. [read post]
10 Aug 2023, 12:40 pm
Estate Planning Updates Divorce necessitates updating your estate planning documents to reflect your changed family circumstances. [read post]
25 Feb 2016, 9:46 am
Change Your Estate Plan! [read post]
20 Jan 2023, 9:33 am
Having an estate plan in place to protect your child is critical. [read post]
19 Jun 2014, 6:43 am
A lot of parents will name one child as the beneficiary of a life insurance policy or other account and simply expect that child to equally distribute the money to the rest of his siblings. [read post]
5 Mar 2016, 3:09 pm
This is why, if you wish to make any type of gift to a minor as part of your own estate plan, you should carefully consider the best way of ensuring any assets are properly managed on the child’s behalf. [read post]
28 May 2012, 1:57 pm
The tutor of a child is just like their parent (and actually, parents are technically tutors) in the way that they are tasked with the responsibility of maintaining the affairs of the child’s estate. [read post]
