Estate Planning for Bitcoin
Cryptocurrency has an estate planning problem. And it’s one of the barriers to wider cryptocurrency acceptance. Nobody wants to accumulate an asset that may disappear, often upon death.
Getting Final Affairs in Order Before Death
Whether you’re the caregiver or the terminally ill, it can be satisfying to help get organized and take inventory. This is really important if there aren’t many close relatives.
E151 5 Mistakes With DIY Wills and Witnesses
I get that Do-it-Yourself is very tempting. But you may be creating HUGE problems for your heirs.
We’ll discuss:
- Witnesses names
- Witness addresses
- “Self-proving”
- Professional witnesses
- Court’s assumptions
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E91 Would You Trust ACS with Your Kids? (Reminder to Name Guardians)
If you don’t have a plan in place, what happens to your kids in an emergency? If the police can’t locate next of kin immediately, your kids may be off to ACS, or foster care.
A recent probe revealed concerning facts about ACS.
Links:
https://nypost.com/2019/05/05/acs-is-often-careless-when-handing-kids-to-foster-parents-probe/
E62 How Robin Williams Protected His Family from Legal Battles After his Death (Podcast)
Robin’s was survived by his third spouse (Susan) and 3 adult kids from prior marriages. Robin planned well, because he knew the cost of legal battles. His divorces cost him ~$20 million…
How to Create an Estate Plan for Your Digital Assets
When you think of “estate planning,” chances are your Facebook page, PayPal account, and Amazon Prime login probably don’t come to mind. But they should. Depending on who you ask, the value of the average American’s digital estate is between $33,000 and $55,000…
4 Reasons Millennials Need Estate Planning More Than Baby Boomers
Though planning on your death or injury is not exactly something that most millennials are eager to do, it is important.
How to Choose a Guardian for Your Minor Children
(1) Where Does the Potential Guardian Live? (2) What Are the Potential Guardian’s Religious, Political and Moral Beliefs? (3) What Do You Know About the Potential Guardian’s Parenting Skills? (4) How Old Is the Potential Guardian? (5) What Is the Potential Guardian’s Family Situation? …
5 Legal Myths About Wills You Got From The Movies
Filmmakers use creative license in a lot of situations involving wills. A dying person’s last wishes can be an exciting revelation or a shocking plot twist. But, that doesn’t mean the movies get it right from a legal perspective. There are several legal myths about wills that movies often use for dramatic effect. These can be inaccurate at best, and at worst completely fictional.
5 Reasons It’s Time To Update Your Estate Plan
Summary: (1) You moved to another state, (2) The objects of your affection change, (3) Your assets or liabilities change, (4) Your qualified retirement plan is outdated, (5) Executors or trustees become inappropriate
