Monthly Archives: May 2023
Handling Cryptocurrency In Your Estate Plan
As time goes on, cryptocurrency like Bitcoin and others is becoming a larger part of our wealth and assets. That means that they should be accounted for in any estate plan. But there are legal and technological issues in estate planning for cryptocurrency that you should be aware of, and prepared to deal with,… Read More »
Limitations Of Transfer On Death Deeds-Be Careful!
A transfer on death deed can be a valuable asset in your state planning tool box. As the name implies, a transfer on death deed is a deed to property that automatically transfers to someone else, whomever you name as the beneficiary, upon your passing. One major benefit to this deed, is that the… Read More »
How To Choose An Individual Trustee For Your Trust
If you are using or forming a trust as part of your estate planning strategy, you will need a trustee. A trustee administers the trust, manages it, and makes sure the assets or property put in the trust are distributed as you want them to be. Corporate Trustees For large estates, there are corporate… Read More »
Late Simpson’s Creator Had Problem With His Pet Trust – Don’t Make The Same Mistakes
In your estate planning documents, we often plan for everybody we can think of, from friends to family to charities. But what about our pets? What will happen to your pet after you pass? Yes, you can leave your pet to whomever you want in your estate documents (or if you have no estate… Read More »