by Kathryn A. Flanigan | Jun 15, 2015 | Heirs & Beneficiaries
In a prior post, we highlighted the U.S. Supreme Courts decision last summer that inherited IRAs could not be considered exempt assets; therefore making them fair game to creditors in the event a beneficiary sought bankruptcy protection. While the decision marked a...
by Kathryn A. Flanigan | Jun 8, 2015 | Estate Planning
Estate planning can be difficult and confusing regardless of what age you are. There are different issues to confront if you are young and just starting out, as well as if you are up in age and have millions in assets. In either situation, it is prudent to have an...
by Kathryn A. Flanigan | Jun 1, 2015 | Estate Planning
We hope our readers had an enjoyable Memorial Day weekend. After all, it is the unofficial beginning of summer, and if you have been paying attention to the calendar, it means that 2015 is almost half over. While this may leave you feeling that life is going too fast,...
by Kathryn A. Flanigan | May 22, 2015 | Estate Planning
As Memorial Day weekend comes upon us, many are happy that a federal holiday has finally come around that they can take a day off. Some use the holiday as a barometer for what they have accomplished this year and what can be done before we count down to 2016.For those...
by Kathryn A. Flanigan | May 14, 2015 | Estate Planning
Change is a basic part of life. Change comes with the seasons that we see each year, it comes as we age and it marks beginnings and ends of different eras. With as much as change is a vital part of our lives, we must understand that our estate plans have to change...
by Kathryn A. Flanigan | May 7, 2015 | Heirs & Beneficiaries
An important aspect of estate planning is making sure that loved ones are cared for after you pass away. This is especially important if you have beneficiaries who are disabled or need additional guidance because of mental health issues. Whether they are children or...
by Kathryn A. Flanigan | Apr 28, 2015 | Estate Planning
As we have noted in our prior posts, retirement planning is an important aspect of estate planning, since more Americans are going to be depending on their retirement income (excluding Social Security) as they reach their golden years. But the overriding questions to...
by Kathryn A. Flanigan | Apr 24, 2015 | Heirs & Beneficiaries
If you ever wanted to know what was in your parents wills, or how involved you will eventually be (if you are involved at all) in administering their estate, you are certainly not alone. With more adult children being tasked with looking after their elderly parents,...
by Kathryn A. Flanigan | Apr 14, 2015 | Estate Planning
One of the essential things behind estate planning is retirement planning. After all, enjoying one’s golden years is why people work all the extra hours and design their lives a certain way. Indeed, retirement planning is somewhat the luck of the draw, because...
by Kathryn A. Flanigan | Apr 10, 2015 | Trusts
A trust is a very important part of a person’s estate plan. If you have created a trust, you are likely hoping to protect and preserve certain assets until you need them during your life or until your loved ones need them after you are gone. Unfortunately, a bad...
