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Monthly Archives: November 2018

EstPlan9

The Estate Planning Lesson We Can Learn from Aretha Franklin

By William Rambaum, PA |

It is easy to assume the rich and famous have all their affairs in order because they have the time and financial resources to hire the best people and ensure everything is appropriately arranged. Estate planning is one of those things people understand is important, but continually put off because it seems too complicated,… Read More »

AssetLiab

Who Is Responsible for Remaining Debts after Death?

By William Rambaum, PA |

Estate planning is primarily about settling two issues: distributing property to surviving heirs and limiting one’s exposure to liability for death-related taxes. In line with the second issue is the question of settling a loved one’s remaining debts after death. All estates which pass through probate, which is a substantial number, must provide notice… Read More »

Guardianship

What to Expect in the Guardianship Process

By William Rambaum, PA |

Age affects people differently, and can lead to significant physical and/or mental issues as the body and mind register the toll of living a long and full life. When it appears to family members and friends that an individual’s capacity to handle his/her affairs is compromised, they may look to the guardianship process for… Read More »

Will5

Why You Need a Pour-Over Will

By William Rambaum, PA |

With access to online estate planning forms, putting together a basic estate plan, even if insufficient and misdirected, is relatively easy. One popular option people routinely choose is a revocable trust because of the perceived tax advantages and creditor protections, with the creator retaining control until death. Once he/she passes, the trust reverts to… Read More »

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