by eschmitz | Jun 21, 2022 | Estate Administration, Probate
When someone dies you need to be aware of income tax and estate tax rules. There may be tax returns that need to be filed. INCOME TAXES Income Earned Before Death A final income tax return needs to be filed for the deceased person which includes all income earned by...
by eschmitz | Jun 21, 2022 | Estate Administration, Estate Planning
An important part of a complete estate plan is making sure your beneficiary designations will accomplish your goals. Naming beneficiaries for your life insurance death benefits may seem simple, but designating beneficiaries requires careful preparation. This article...
by eschmitz | Apr 25, 2022 | Estate Planning, Wills and Trusts
All revocable trusts (as well as your entire estate plan) should be reviewed every few years to make sure that they are up-to-date with changes in the law and continue to meet your goals. Some important things to review include the following: Do you have the right...
by eschmitz | Apr 21, 2022 | Power of Attorney, Estate Administration
If you have been appointed as an agent, or “attorney-in-fact,” under a durable power of attorney, general power of attorney or financial power of attorney, you may have questions about your duties, responsibilities and powers as agent. Your appointment...
by eschmitz | Apr 1, 2022 | Estate Planning
Your home is a special place. In addition to the comfort it provides you and the memories it holds, it is often the most significant part of your personal wealth. It is important to make sure it is protected for you and your loved ones. Joint Ownership Considerations...
