How Do You Handle Homeowners Insurance When Your House is in a Trust?

Q. We decided to get our estate planning documents done and our home is now in a revocable living trust. We feel good about taking this action because our loved ones will not be overburdened with the nightmare of probate when we … [Read more...]

Estate Planning for Childless Couples

When many people think of estate planning, they assume that a person’s heirs are his or her children. But what happens when a couple has no children? Do they need to plan too? The answer is yes. At the very least, they should … [Read more...]

Revocable Transfer on Death Deeds in Virginia — the Good, the Bad, and the Uncertainty.

Elizabeth was taking her daily exercise walk with her friend, Francine, and the topic of "What will happen to my home when I die?" came up. One of Elizabeth's friends' parents recently passed away and the family was going through … [Read more...]

Robin Williams: A Life Well-Lived and an Estate Well-Planned

Q. I read your special report on “Estate Planning Mistakes of Celebrities,” demonstrating why probate is such a nightmare and lessons that can be learned from the costly mistakes of celebrities.  I appreciate all the advice on … [Read more...]

Common Misconceptions about Revocable Trusts

Recently, CNBC posted an article on their Website about the benefits of trusts, entitled “Heir Tight: The Do’s and Don'ts of Creating Rock-Solid Trusts.” The article provides some very good information about why most people should … [Read more...]

Estate Planning for Newlyweds: “Easier than Planning the Wedding!”

Why is it so important for newlyweds to address critical estate planning matters?  In the simplest of terms: life is full of surprises and it can save you a lot of money.  When love is in the air, it is easy to overlook the … [Read more...]

Timeshare Traps and How to Avoid Them

Timeshare Traps and How to Avoid Them If you are fortunate enough to go on that well-deserved vacation this year, then there is a good chance you will find yourself listening to the all-too-familiar ‘timeshare marketing pitch.’ … [Read more...]

5 Basic Reasons to Consider a Revocable Living Trust

A revocable living trust can function as a Will, but it also offers other benefits that you should consider. If you pass away without a Will or Trust, the laws of your state will determine who receives your property, and in what … [Read more...]

5 Basic Reasons to Consider a Revocable Living Trust

A revocable living trust can function as a Will, but it also offers other benefits that you should consider. If you pass away without a Will or Trust, the laws of your state will determine who receives your property, and in what … [Read more...]