by McIlveen Family Law Firm | Oct 8, 2019 | Trusts and Estates
Congratulations! You are now considered a legal adult. Aside from purchasing alcohol, there is now very little you cannot legally do. Even though you may not feel any different, from a legal standpoint, a lot has changed. When you were a minor (under the age of 18),...
by McIlveen Family Law Firm | Oct 8, 2019 | Trusts and Estates
There are several parts to an estate plan, one of them being a living trust. Common factors that prompt someone to create a trust include privacy, tax benefits, avoiding probate, and caring for family members with special needs. Estate planning also lets you dictate...
by McIlveen Family Law Firm | Aug 26, 2019 | Trusts and Estates
When you think of IRAs, you probably think of retirement. But what happens to your IRA money after you’re gone? The answer depends on how you go about creating your estate plan and selecting beneficiaries, and you might be surprised to find out that your money could...
by McIlveen Family Law Firm | Aug 23, 2019 | Trusts and Estates, Divorce
You can protect your child’s inheritance from their spouse by planning early. Parents who develop an estate plan often do so to provide for their heirs financially. Many want to make sure hard-earned assets, family heirlooms, or closely held businesses stay...
by McIlveen Family Law Firm | Aug 23, 2019 | Trusts and Estates
Do I really need an estate plan if I don’t have a large estate? You don’t need to have a summer house in the Hamptons or a private art collection big enough to rival MOMA to consider yourself the owner of an estate. In fact, virtually anyone who owns anything...
by McIlveen Family Law Firm | Aug 23, 2019 | Trusts and Estates
Five words no one ever wants to hear from their doctor: “Get your affairs in order.” Unfortunately, 58 percent of Americans do not have a will or trust, and it often requires a chronic disease or terminal illness diagnosis, or other life-changing event to prompt the...
