Estate Planning

Estate Planning strategies allow us to plan ahead, preserve what we've worked so hard to accumulate and pass it on to a person or entity of our choice to benefit future generations.

In this section we will discuss some of the costly mistakes that are made in estate planning and show you how to avoid them. You will also learn strategies to protect your assets and leverage the legal tools that are available to you.

This valuable knowledge will help ensure your property stays out of probate and are distributed according to your wishes.


A Common Mistake With Trusts

When setting up a trust, ALL assets that are owned by an individual must be titled in the name of the trust. It is not unusual, however, for people to be forgetful or neglectful in actually placing their assets into the trust. Read more...

Estate Planning Mistakes

I have an estate plan! What could possibly go wrong? It is quite an achievement to execute a living trust. Weeks or maybe months of planning and consideration come together in a document’s signing ceremony that culminates in a properly prepared estate plan. Read more...

When to Review Your Estate Plan

Other than perhaps philosophers, most people do not like to contemplate their own demise. Even fewer enjoy the idea of planning for it! So most folks prepare an estate plan, put it in a safety deposit box and forget it. That could be a fatal estate planning mistake. Read more...

How to Set Up an Estate Account

When a person dies with assets in their individual name, those assets are usually “frozen” and cannot be accessed without opening a deceased person’s probate estate. Probate is the process of winding up a deceased person’s affairs Read more...

Inheritance Tax: What You Should Know

We hear quite a bit about death and taxes and how they are largely unavoidable. Income taxes might be unavoidable, but some forms of tax, like the federal estate tax, can be avoided to a certain degree through the use of Read more...

Free Class
Online Trading Academy logo