What Does ‘Per Stirpes’ in a Will Mean?
April 21, 2021
Per stirpes in a will means that a deceased’s child’s share will pass to the deceased’s child’s children in equal shares, if any.
Why Is Family of a Texas Governor Fighting over His Estate?
April 15, 2021
The Kate Marmion Charitable Foundation, an entity created to support people and programs in Uvalde and South Texas, has become ensnared in a lawsuit involving the family of the late former Gov. Dolph Briscoe Jr.
Remind Me Why I Need a Will
April 8, 2021
A will is a legal document that allows you to decide what happens with your estate after you passed away. Unfortunately, not all people consider creating one because they think that it’s complicated and just an extra expense.
Trusts can Work for ‘Regular’ People
April 5, 2021
When you hear the word trust fund, you might think of the uber-wealthy giving their kids a big chunk of cash on their 25th birthday. However, trust funds aren’t just for the rich.
The Latest on the Denver Broncos and Late Owner Pat Bowlen’s Trust
March 26, 2021
In Denver District Court on Monday night, lawyers representing the parent companies of the Broncos asked a judge to rule that former owner Edgar Kaiser’s estate does not have the right of first refusal of any sale.
Sound Like a Broken Record in Estate Planning?
March 25, 2021
The year 2020, plagued by COVID-19, has exposed all of our vulnerabilities to disease and death, regardless of age, gender, and socio-economic class.
Should Inherited Money Be Equally Split Between Family Members
March 18, 2021
When you’re planning to divide your estate unequally, explain the reasons to your heirs, and remember: They might be hurt anyway.
Would Life Estate Have an Impact Taxes on an Inherited Home?
March 15, 2021
My mother died this year and when my sister and I went to sell her home, we found out that without our knowledge, our mom had put us on the title as joint owners, even though neither of us had put any money into the purchase of the home some 30 years ago. Are we now on the hook for taxes on the gain in house value?
Estate Planning Meets Tax Planning
March 12, 2021
By being very selective about who receives which type of money—whether Traditional or Roth IRAs, after-tax brokerage accounts, life insurance, etc.—you can dramatically cut the share that goes to the IRS and increase the amount going to your family.
Does Living Trust Help with Probate and Inheritance Taxes?
March 8, 2021
I was told that unlike wills, a trust doesn’t require probate and is not taxable. My main asset is a house that I want to pass on to my son. Would a living trust help?