Estate Planning

  • 5 things you should know about probate and wills

    Aug 15, 2018 | Posted by the Editor, SeniorInsider

    The vast majority of probate cases revolve around Americans who are age 60 and over, so seniors need to be especially cognizant of probate and wills and all the issues surrounding them. Many of us are a little fuzzy on exactly what probate is although for general purposes it is the process which disposes of your estate after you die. The probate and wills subject is one that many people prefer to ignore—then wish they had not. If you want to ensure that your assets go to your heirs as you have directed, then probate and wills are an essential part of your senior estate planning.

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  • Is deeding my senior home to a family member a good idea?

    Aug 15, 2018 | Posted by the Editor, SeniorInsider

    When it comes to senior home retirement planning issues, most of the elderly want to pass their assets on to their children or heirs. They also want to be able to skirt the legal fees and delays they feel are inherent in probate. Senior home issues can get very complex, and may end up causing family issues when one family member gets upset that you chose another to deed your home to.

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  • Estate planning basics

    Aug 15, 2018 | Posted by the Editor, SeniorInsider

    Few of us actually look forward to estate planning, since dividing up our assets tends to remind us—in a not particularly pleasant way—of our own mortality. When thinking about estate planning, the most important way to get through it is to remind ourselves that responsible estate planning means we are able to give our assets to exactly who we want to, and know that the law will uphold those wishes. A second goal of estate planning is to keep the state from siphoning off a substantial portion of your estate before your heirs ever see their inheritance. Finally there is the satisfaction you can have from knowing your affairs are in good order and won’t be a nightmare for loved ones to deal with.

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  • Five smart strategies in working with an estate planning attorney

    Aug 15, 2018 | Posted by the Editor, SeniorInsider

    In an ideal world, with an ideal family, you would never need the services of an estate planning attorney. In that ideal world there would be no conflicts, feuds or hard feelings regarding your wishes in leaving your assets to the people you choose. Family harmony can often boil down to assets and heirlooms, and in the interest of avoiding this, an estate planning attorney could be your best choice.

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