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Recent Posts in Estate Planning Advice Category

  • How Do I Revoke a Will?

    Are you considering revoking your will ? If so, you’re likely concerned about “doing it right.” After all, if you don’t revoke your existing will properly, it could be legally enforceable. Meaning, your property can get into the wrong hands after you pass away – and you don’t want that. If you’re like most people, you’ve heard that the best way to revoke a will is to burn it, shred it, or tear it ...
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  • Is an Inherited IRA Protected from Creditors?

    If you intend to create an estate plan , one which leaves assets to your children, grandchildren, or other beneficiaries, you probably prefer to see those assets go directly to your beneficiaries and not to their creditors. That said, are inherited IRAs protected from your beneficiary’s creditors? As of June 2014, not anymore. In June of 2014, the Supreme Court ruled that inherited IRAs are no ...
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  • Does Divorce Disinherit a Spouse?

    If divorce wasn’t so complicated, especially financially speaking, more people would probably get a divorce. When spouses dissolve their marriage, they have to figure out what to do with their auto loans, mortgage, joint credit cards, real estate property, investments, retirement accounts and so on. Understandably, it can all get overwhelming. If you’re going through a divorce, you’re probably ...
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