Choosing an IRA Beneficiary


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Choosing an IRA Beneficiary

If you wish to control who receives your individual retirement account (IRA) payouts after your passing, you do not do so through your will. Instead, you name a beneficiary for the account (and in most cases, a backup beneficiary as well). If you do not designate a beneficiary or do not complete the form properly, […]

Why It’s So Important to Make a Will if You Have Children

You’ve likely heard that writing a will is important, but it becomes especially so when you have children. If you pass away without a will and have children, you will not have any control over who takes custody or guardianship of your kids. Below are just some of the reasons you need to prioritize creating […]

Estate Planning Tips for Unmarried Partners

It is increasingly common for two people to be in a long-term relationship, but not be officially married. This means they do not have a marriage or civil union certificate. If you are in this situation, it is important to arrange your estate plan in such a way that accounts for your partner. Without a […]

How to Determine if Someone Has Testamentary Capacity

Testamentary capacity refers to the legal ability of a person to make a valid will. A person who creates a will must be “of sound mind ” for the document to be legally binding. In situations in which someone challenges a will, one reason is that the challenger believes the testator (the person who created […]

Will the New Tax Law Affect Your Estate Plan?

The Tax Cuts and Jobs Act, signed into law in December 2017, has wide-ranging effects on how people both prepare their taxes and engage in estate planning. The changes to the law have led to many questions on the part of those who are trying to plan for the years ahead. Below is a brief […]

How to Prepare for Your First Meeting with an Estate Planning Lawyer

You’ve finally committed yourself to establishing an estate plan and have set up a meeting with an attorney. Great! But how do you prepare for that first meeting and what information should you bring with you? Below is a brief overview of what you should do to prepare so that your meeting goes as smoothly […]

Transferring Stocks Into Your Trusts

If you desire, you do have the option of transferring stocks and other securities into your trust. It is important, however, that you follow all state and federal laws, along with all requirements put forth by the issuer of the stock. It is highly recommended you work with an attorney during this process. To move […]

What Happens to Digital Assets and Accounts After Your Death?

The ubiquity of the internet and internet-connected devices has led to many people living a good portion of their lives online through various social media platforms, message boards and other types of accounts. These accounts and profiles are legally considered assets of the person who owns and controls them. But what happens to these digital […]

6 Basic Tips for Estate Planning Success

Are you new to the concept of estate planning? You may have a lot of questions about what the process entails and what the best strategies are for you to be successful. Below are a few very basic tips we like to give to estate planning beginners who have just started working with our attorneys: […]