Welcome to the third installment of our three-part series regarding estate planning for digital assets. In this post we take a look at a couple steps you want to take to properly plan for your digital assets. Despite the uncertainties…
In Part I of our series of blog posts about estate planning for digital assets, we covered what digital assets are. In this post, we cover why it is important to plan for those assets. We also discuss the various…
Inventorying assets after one’s death used to be relatively easy. A simple walk around the person’s home revealed their tangible personal property. And if the Personal Representative did not know about all of the decedent’s assets, she could simply wait…
This is part two of my post about the importance of life insurance and how it can be used in estate planning. Part one briefly discussed the types of policies, mitigating taxes, and how life insurance is used for income…
Life insurance often plays an important part in planning one’s estate. It’s important to recognize the various uses and functions of life insurance as well as the tax repercussions of having a life policy and also receiving the death benefits…
Even though mixed families are progressively more typical, they do have different estate planning concerns. There are basically two main areas of concern when you plan the estates of a combined family. The initial issues relate to concerns affecting an…
