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Estate Planning for Federal Employees with a Thrift Savings Plan
One of the largest assets outside of a primary residence for many federal employees is their Thrift Savings Plan (TSP) retirement account.
January 21, 2020
How Payable on Death (POD) Designations Impact Probate
We recently discussed deed language in our post, Is Your Title to Real Property Consistent with Your Estate Planning Goals?, and noted that the title of a deed may allow the property to bypass probate.
January 17, 2020
Estate Planning for a Second Marriage
When entering into a subsequent marriage, it is wise to execute a prenuptial agreement. This not only lays out the details of asset allocation in the event of divorce, but even more importantly, it determines how your estate will be distributed if one spouse dies.
January 16, 2020
Equal Division Versus Fair Division
When working with clients on estate planning issues, most parents attempt to ensure their estate planning efforts end up providing for the children in a fair, equitable manner.
January 15, 2020
Not all Powers of Attorney are Created Equal
Typically, a Power of Attorney comes into play when someone is no longer able to manage their own assets.
January 10, 2020
The SECURE Act – What it Means for Your Retirement Plan
The SECURE Act (Setting Every Community Up for Retirement Enhancement Act of 2019) goes into effect Jan. 1, 2020, assuming President Trump signs the bill into law.
January 9, 2020
Medicare is Adding New Telehealth Services in 2020
As it pertains to Medicare, the term “telehealth services” refers to a specific set of services that health care practitioners would normally furnish in-person, but for which Medicare covers when they are furnished using interactive, real-time telecommunication technology instead.
January 8, 2020
Understanding a Life Insurance Trust
Life insurance trusts are irrevocable, meaning that once you establish and fund one as the grantor you cannot modify or terminate the trust.
January 3, 2020
How to Choose an Electric Mobility Scooter
As we age, walking long distances may prove to be more difficult, yet we want the freedom of mobility.
January 2, 2020
Compare Revocable and Irrevocable Trusts
A trust is an entity that holds assets for the benefit of beneficiaries pursuant to certain terms and managed by a trustee.
January 1, 2020
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