Digital assets are a form of value, like cash, but they exist only in digital form and are protected by strong cryptography. These assets often operate on a blockchain, distributed ledger, or any similar technology. Common digital assets include virtual currency and cryptocurrency, stablecoins, and non-fungible tokens. Among digital asset transactions are: If you […]
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Everyone Needs These Estate Planning Documents
Estate planning can seem like an overwhelming endeavor if you want to be certain you are doing everything right. Though there are some options when it comes to asset transfers and other considerations, the basic structure is universally applicable. Let’s look at four bases you should definitely cover when you are planning your estate. Asset […]
What Happens to Assets Left Out of My Living Trust?.
A living trust is a highly effective, versatile device that is the ideal estate planning centerpiece for a wide range of people. When you have a living trust, you would act as the trustee while you are living, so there is no loss of control of the assets. We are going to look at the […]
How To Be an Executor
As an executor, you have a long list of duties and a fiduciary obligation to act in the best interest of the estate and its heirs. You also have anxious beneficiaries who are already dealing with grief. One of your many tasks is to keep beneficiaries informed of the progress in settling the estate’s […]
When Will My Heirs Receive Their Inheritances?
The timing of when your heirs receive their inheritances depends largely on how you choose to structure your estate plan. Your choice between a simple will and a living trust will significantly impact the distribution process. Understanding these options can help you decide the best approach to ensure a timely and smooth transfer of your […]
When Your Brother Doesn’t Do His Job? Who Can You Turn to?
Most Estate Planning attorneys will tell you that creating an Estate Plan helps prevent litigation after death. That statement needs a caveat. Most of the time, a properly created Estate Plan will prevent litigation. As this article demonstrates, sometimes, even with an Estate Plan, the family ends up in litigation.
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