Options for Donating to Charity Via Your Estate Plan

Tag Archives: estate planning lawyer

Options for Donating to Charity Via Your Estate Plan

If you’re interested in using your estate plan to leave behind money to a charity or cause of your choice, there are several ways you can accomplish this. Here is a quick overview of a few of them. Charitable trusts You can name a charity as a beneficiary of a simple revocable or irrevocable trust. […]

How to Handle Pets in an Estate Plan

If you have pets, you may be wondering how you can account for them in your estate plan to make sure they’re properly taken care of in the event of your death. You cannot leave any property behind to your pets, because pets cannot legally own property. However, there are ways you can use your […]

Estate Planning Tips for Small Business Owners

Small business owners have some additional complications to consider when planning their estates, especially if they wish to ensure a smooth transition in the company upon their passing. Here’s a quick overview of the steps business owners should take to set their company up for success after their death. Start with the basics: Begin with […]

What is an Oral Will and Why Should I Not Use One?

An oral will is most commonly used if a person is too sick or otherwise incapable of writing a traditional will. In using an oral will, the testator (that being the person who makes the will) states his or her wishes aloud in the presence of witnesses, rather than following the formal process of writing […]

How Frequently Should You Review Estate Planning Documents?

Just because you’ve completed your will signing and secured all your estate planning documents does not mean your estate planning process is over. It is important to revisit these documents periodically to make sure they still apply to your current situation and wishes. Reviewing your estate plan A good general rule is to either review […]

What You Should Know About Your Beneficiary Designations

Part of planning your estate thoroughly is making sure all your beneficiary designations are in order. There are certain types of assets (generally, financial accounts and insurance policies) that will allow you to designate beneficiaries. These designations allow for an easy transfer of those account benefits to your beneficiary after you pass away. Having this […]

Why You Might Consider Naming a Professional Trustee

If your estate plan incorporates one or more trusts, you are most likely serving as the current trustee, with your spouse or partner listed as a co-trustee who would then be able to manage the trust if you become unable to do so due to death or incapacitation. But what happens if your spouse becomes […]

Outlining Your Options to Pay for Nursing Home Care

As part of your estate planning process, it’s important to consider how you will pay for nursing home or other long-term care in the event it becomes necessary later in life. Although this long-term care can be very expensive, there are ways you can get assistance outside using your personal finances alone. The following provides […]

What Should You Look For in Your Estate Planning Attorney?

If you are just getting started with the process of planning your estate, one of the first steps you’ll need to take is finding an estate planning attorney with whom you feel comfortable working. If you’ve never worked with a lawyer, you may not know which characteristics you should prioritize. Below are just a few […]

Tips for Gifting Assets to Beneficiaries Before Your Passing

You can help your estate avoid the probate process by passing on some of your property to your children before you die. As a bonus, it can be satisfying to actually witness your loved ones and other beneficiaries enjoy the gifts you leave for them. However, there are some issues to consider with regard to […]