Estate Planning

Estate Planning

The New Rules to Protect Your Online Accounts After You Die

The laws on controlling digital accounts after someone dies have been quietly changing. Here's what you need to know.

Wealthy and Wise

Why You Should Review Your Estate Plan Now

Given the frequent changes in tax laws, now may be the right time to conduct a thorough review of your estate plan. Here’s how.

Wealthy and Wise

The Right Way to Leave a Bequest for the Care of Your Pet

Here’s what you should and shouldn’t do to provide money for the care of your pet after you die.

Wills

Writing Your Will Yourself? Avoid These Terrible Mistakes

If you decide to prepare your own will with the help of an online service, you need to be aware of eight common mistakes to avoid.

Wealthy and Wise

Avoid Family Feuds Over Who Inherits Your Collectibles

When collectibles are divided up among heirs, a family can be torn apart over who gets what. An estate planner tells how to avoid this terrible outcome.

Wealthy and Wise

Here’s Who You Should Appoint as Your Executor or Trustee—and Who to Definitely Not Appoint

Defaulting to the easiest or most obvious choice for your executor or trustee can have bad consequences—for your estate and your family.

Wealthy and Wise

Year-End Estate Planning Moves to Make Before December 31

Now’s the time to review your existing estate plan to see whether changes in the law or in your situation mean you should take action.

Wealthy and Wise

How To Erase Potentially Giant Capital Gains Taxes

There’s a legal technique for giving away, and then receiving back, appreciated assets that wipes out your capital gain exposure. But know the danger, too.

Wealthy and Wise

Don’t Forget About Your Digital Assets in Your Estate Plan

Many estates are being held up because decedents never gave information and authorization to access their digital accounts. It’s an expensive mistake.

Wealthy and Wise

Don’t Die Without a Will

Some famous people—including Prince, Heath Ledger and now Aretha Franklin—died without a will. Even if you don’t have big assets, you still need one.

Wealthy and Wise

Are You a Trustee of a Life Insurance Trust? Know Your Obligations!

Being trustee of a life insurance trust is not just an honorary title—you really do have some key responsibilities that you must perform.

Wealthy and Wise

Divorce? Change Your Estate Planning Documents!

If you get divorced and fail to change your will, beneficiary designations and these other documents, there could be some very unwanted results.

Wealthy and Wise

How You Can Change an Irrevocable Trust: Decanting

An irrevocable trust doesn't have to be as irrevocable as you might think: To change an existing trust, decant it.

Wealthy and Wise

3 Estate-Planning Gotchas in the New Tax Law

If you set up or updated your estate plan even just a year ago, big changes in tax law could be ruining its ability to protect you and your heirs.

Estate Planning

Don’t Leave Gaps in Your Final Financial Instructions

Creating a master estate document makes life much easier for your loved ones in the event of a health crisis or your death—but don’t leave gaps.