Estate Planning
Pensions, Beneficiaries, and Rights of Survivorship
When it comes to protecting beneficiaries, financial planning gets detailed. I have a client whose husband spent a good part of his professional career at a “household name” company. He worked hard and made his way up the ladder to a mid-to-upper management level. He was then offered the ability to take part in a pension…
READ MORE →What Happens to Your Digital Footprint When You’re Gone?
Have you ever worried about what would happen to your digital footprint if you were to pass away? Who would manage your email, social media posts, blogs, domains, affiliate sales accounts, music, photographs, games, websites, banking, investments, or even operational online businesses?
READ MORE →DIY Estate Planning: Have You Really Taken Care of Everything?
Just this week I visited a man (let’s call him “Rick”) in the ICU. What started out as a nice spring motorcycle ride with his buddies, turned into a life-threatening accident when Rick suddenly lost control of his bike. He was rushed to the nearest trauma hospital and after a few surgeries, he woke up…
READ MORE →Why Your 18 Year Old Needs a Will
You may have noticed we are pretty passionate about making sure our clients are properly prepared. We like them to get rid of the worry so they can go out and live life to the fullest without concern for “what if?” Some money advisors, including the Wall Street Journal and the New York Planning News,…
READ MORE →Part 2: Death Abroad – What to Do if the Unthinkable Occurs
“PART 2: What to Do in the Event of the Unthinkable,” explains what to do if you are abroad and need assistance because of a death. In Part 1 of this post on Being Prepared to Travel Abroad, we discussed how travel is becoming more typical and how unusual it is for deaths to occur abroad.…
READ MORE →Part 1: Death Abroad – Preparing Ahead to Simplify an Already Stressful Process
“PART 1: What to Do to Prepare for Travel in Case of a Death Abroad” is information to simplify what might be a stressful, upsetting process for those who will be tasked with making arrangements during such a difficult time. We work hard – and more and more these days we reward our families and…
READ MORE →Probate Series (Part 2): 3 Common Ways to Avoid It
As with every aspect of your estate, Seiter Law strongly suggests that you contact an experienced estate attorney to discuss, your assets, the probate process and the laws in your state before trying to limit or avoid probate. That being said, in general these are the most common ways to avoid probate: Joint Tenancy With Right…
READ MORE →Probate Series (Part 1): What is Probate
Probate is a court supervised process that takes place after someone dies. The word “Probate” derives directly from the Latin verb probare, which means to try, test, prove, or examine. It is the first step in the legal process of administering the estate of a deceased person, resolving all claims and distributing the deceased person’s property…
READ MORE →No Estate Plan? Prince: A Cautionary Tale
For this week’s blog post, I wanted to expand on the Forbes article that we posted yesterday on Facebook. Sadly, in 2016 we lost many famous folks who were very talented and vibrant in their craft. Of those, Prince has stood out the most for having not made an estate plan of any kind available to…
READ MORE →Should You Keep Your Estate Documents in a Safe Deposit Box?
After you get all of your legacy planning paperwork completed and updated, notify the right individuals and store it properly.
READ MORE →Protecting Your Special Needs Child
While many parents become experts at how their health insurance, government benefits and SSI work, they have no knowledge of medical directives and/or living wills and what those plans will do for the care of their special needs kids. Here are some basic guidelines to discuss with your Estate Planner: 1. Have your own…
READ MORE →Estate Planning at the Holidays?
Every year the Holiday Season seems to start the day after Halloween, to some even earlier! Many companies still have a remote workforce which means holiday travel has stretched out before and after key days like Thanksgiving and Christmas in a way we have never seen before. We are focused on Black Friday shopping thanks…
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