Did you know that 65% of Americans are now members of a blended family?1 Download the Estate Planning for Blended Families Article Need some estate planning solutions and techniques for blended families? Please fill out the following form to download Estate Planning for Blended Families from Thomas D. Begley Jr.: Blended Families Blended families are […]
Category: Estate Planning
Disclaimer Trust vs Credit Shelter Trust
Disclaimer Trust vs. Credit Shelter Trust Married couples seeking estate planning advice are generally concerned with providing for their surviving spouse and heirs while eliminating or reducing the payment of estate tax on their assets. The marital deduction and estate tax exemption provide, to a certain extent, the ability to avoid or defer estate tax […]
Credit Shelter Trusts: QTIP Trust vs Marital Gift Trust
Understanding Credit Shelter Trusts: QTIP Trust vs Marital Gift Trust Estate planning offers individuals with significant assets the opportunity to reduce or eliminate the taxable value of their estate, while at the same time providing financially for their family, friends and important charities. Credit shelter trusts are becoming increasingly popular as an estate planning tool. […]
Estate Planning for a Child with Disabilities
Clients must plan for their own disability as well as for the disability of family members. Planning for the client’s own disability often means purchasing disability insurance during the client’s working years. It also means establishing durable powers of attorney; living wills and/or health care proxies; revocable living trusts when appropriate; and shareholder, partnership and […]
Estate Planning for Blended Families
What are blended families? Blended families take several forms: Married couples in which one or both spouses have children from a previous marriage. Families with children who are in second or subsequent marriages and who have children from previous marriages. Families with children whose spouses have children from previous marriages. Blended families can face complex […]
Use of a Health Care Power of Attorney
A Health Care Power of Attorney is a document under which you name one or more persons to help you make medical decisions while you are incapacitated. In it you the principal name someone you trust to act as your agent in making your medical and healthcare decisions in the event that you become unable […]
Estate Planning Legal Foundations
Legal Foundations for the Future You’ve planned, budgeted, saved. You’re insured, and you may be debt free. But what would become of all this diligence if you suddenly became unable to continue to manage your affairs personally due to physical and/or mental infirmity? In an abundance of caution, these three documents should be cornerstones in […]
