Estate Planning

All articles

What Is the Difference Between a Probate Attorney and an Estate Planning Attorney?
, , ,

Estate planning attorneys and probate and trust administration attorneys play crucial but distinct roles in the legal processes involving legacy planning, asset distribution, and wealth preservation. As part of the estate planning process, you should discuss with your attorney the role they will play during your lifetime and whether they can also assist your loved ones with estate and trust administration when you pass away.

Read article
How to Choose a Trustee
, ,

When you establish a trust, you name someone to be the trustee. A trustee does what you do right now with your financial affairs—collect income, pay bills and taxes, save and invest for the future, buy and sell property, provide for your loved ones, keep accurate records, and generally keep things organized and in good order.

Read article
Top 3 Reasons You Need an Up-to-Date Estate Plan
, ,

There are some common beliefs you may have about estate planning that may be inaccurate: that having a will avoids probate, being married means everything a spouse owns goes to their surviving spouse, and a person does not need an estate plan if they own few assets. Understand the importance of having an up-to-date estate plan and learn how it not only contemplates what happens after your death, but also protects you and your loved ones if you become incapacitated. While there are many reasons to establish and update an estate plan, this article is going to focus on the top three.

Read article
Why Title Matters
, , , ,

Real estate can take on different forms of ownership depending upon the number of parties and the unique circumstances involved. Understanding how your real estate is owned, or “titled,” is necessary because this determines the extent of control you have over your real estate, how susceptible your property is to creditors, and what will happen to it upon your death.

Read article
Sometimes Stuff Is the Most Important Part of Your Estate Plan
, ,

Most people usually think about who will receive their retirement and bank accounts, life insurance proceeds, real estate, and other valuable possessions upon their death. However, a person’s personal property (their stuff) can also be a source of value that needs to be addressed. Don't forget about personal property when planning your estate. Premier Legacy Law explains why it's important and what to do.

Read article
The Importance of You and Your Loved Ones Having an Estate Plan
,

An estate plan can provide significant peace of mind by ensuring that your money and property are protected, plans are in place in the event you become ill, and your accounts and property pass down according to your wishes. Read this article to learn more about the key elements of an estate plan you should consider and how to talk to your loved ones about creating an estate plan.

Read article
Strategies for Your Charitable Planning
, ,

There are many reasons why you may want to give to a charity: You may give because you believe strongly in a cause or organization, but it can also reduce your yearly income tax bill and remove value from your overall estate. If you are considering making a donation, but are unsure of how to proceed, we are here to help. Read this article to learn about charitable planning strategies that can help you achieve your goals.

Read article