Is Your Beneficiary Protected From Themselves?
Beneficiary Protection Your beneficiaries are legally adults at age 18, but that doesn’t necessarily mean they are responsible enough to handle an inheritance. If you don’t do an estate plan with a Will or Revocable Living Trust that incorporates age limits (beneficiary protection), the usual default under the law is 18. This is a story […]
Charity Minefields in Estate Planning
Charity Giving Giving to charities through gifting and estate planning can provide many rewards, and not just a good feeling knowing you are helping others. There are plenty of tax breaks that can come along with being charitable. However, there are also several minefields that can unintentionally hurt you and your loved ones if the […]