Naming Your Retirement Plan Beneficiary

You’ve taken the time to list your spouse and children as beneficiaries on your work sponsored retirement plan or IRA (“retirement plan”), but are they listed individually, or as beneficiaries to a trust? The answer is important, because each achieves a very different outcome. Read More

The Crucial Documents Your 18 Year Old Needs

As a parent, you have always had the ability to make medical decisions for your child, but when your child turns 18 years old and is legally recognized as an adult, that ability disappears. Because of healthcare privacy laws (HIPAA), you also lose access to anything related to their medical records. Read More

Protecting Your Pet in Case of Your Death or Incapacity

While we have many people in our busy lives, our pets have only us. Everyone needs an estate plan, and no pet owner’s plan is complete without ensuring that his or her beloved pet is provided for. Have you thought about what would happen to your pet if you are deceased or incapacitated? Read More

Transferring Airline Miles to a Beneficiary

Where have you traveled with reward miles? Did you know that you may be able to share your love of travel by passing on any miles that remain in your account when you pass away? Today’s frequent flier programs allow one to amass points that are, most liberally, a form of currency, and most conservatively, something of value. Read More

Preserving Digital Memories and Assets for Your Loved Ones

What would happen to photos or videos stored on your hard drive, or uploaded to a photo sharing site when you pass away? What about your email and social media accounts, or the data on your smart phone? Or your iTunes library and eBook purchases, or your online banking and shopping accounts? Read More

Season Tickets and Your Estate Plan

There is probably nothing a serious sports fan would cherish or pay more for than season tickets for their favorite team. If you are one of the favored few that are long-standing season ticket holders, or are considering purchasing season tickets, you may want to consider options today that can affect how they are handled in the case of your death. Read More

Will Your Estate Be Required to Pay Your Student Loans?

With the cost of higher education increasing well beyond the rate of inflation every year, it is no surprise that most adults have student loan debt. Whether it is your own debt, or debt that you incurred when you co-signed a student loan for your child, it is estimated that at least one in three adults over age forty are paying on student loans. Read More

The Default Estate Plan for Your Online Accounts

Whether you have an estate plan or not, you are most likely familiar with the idea of creating a list to state to whom you would like certain belongings to go to in the event of your death. These lists are important because they ensure that your wishes are made known and carried out. Read More

Options for Giving to Minors

If you are considering making a gift to a minor, you have options. Typically, a gift to a minor will be done in trust, which allows you to maintain maximum control over the funds, or through a custodial account under the Uniform Gift to Minors Act (UGMA) or Uniform Transfer to Minors Act (UTMA), which is more strictly regulated by state laws. Read More