Defaulting to the easiest or most obvious choice for your executor or trustee can have bad consequences—for your estate and your family.
Estate Planning
All Estate Planning Articles
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.
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.
Questions to Ask a Friend or Family Member You Want As Your Executor or Trustee
Here’s what to ask a family member or friend before naming that person executor of your estate or trustee of your trust… * How do...
Questions to Ask When You Select a Professional Executor or Trustee
Although most people choose friends or family members to be executors of their estates and trustees of their trusts, some opt to pay a professional—whether...
Loving Gifts to Give Your Heirs (Long Before You Die)
You don’t have to wait until you pass away to bestow financial benefits upon your eventual heirs. And there are some creative and money-saving ways...