Month: May 2023
On May 31, 2023 in Estate Planning by Leighton Tyau
Estate Planning For Young Adults: Why It’s Important and How to Get Started
When you’re young and just starting out in life, estate planning is probably the last thing on your mind. You may not even think you need an estate plan if you don’t have a lot of assets or dependents. But the truth is, estate planning is important for everyone, regardless of age or financial status. […]
On May 31, 2023 in Estate Planning by Leighton Tyau
Navigating the Initial Consultation with an Estate Planning Attorney: Essential Information and Best Practices
Introduction Estate planning is crucial if you wish to ensure that your legacy is preserved and assets distributed according to your wishes after your death. The initial consultation with an estate planning attorney is a crucial step in this process, and being well-prepared for this meeting can help ensure that you get the most out […]
On May 31, 2023 in Estate Planning by Leighton Tyau
Will vs. Revocable Trust: Which is Right for You?
Introduction In estate planning, the decision between using a will or a revocable trust is not a one-size-fits-all answer. It depends on your individual circumstances, the state you live in, and your goals. This article will delve into the advantages and disadvantages of wills and revocable trusts, and how to choose the right vehicle for […]
On May 27, 2023 in Estate Planning by Leighton Tyau
The Perils of Transfer on Death Designations and Deeds: Why They May Not Be Wise and Don’t Always Work as Intended
Introduction As an important facet of estate planning, the decision on how to transfer wealth and assets to heirs can be a complex one. Transfer on Death (TOD) designations and deeds have emerged as popular mechanisms due to their straightforward nature and their potential to avoid the rigors of the probate process. While on the […]
