Your Post-Honeymoon Legal Checklist
Tue 26 Nov, by FritzLaw on Estate Planning
Your wedding is over, and the day was absolutely perfect. You went away on your honeymoon with your new spouse and had the time of your lives. Now you are back and can breathe a sigh of relief and watch the rest of the years ahead unfold before your eyes. Well, not so fast. Now that your honeymoon is over, there are several things you should be mindful of to make sure that the legal …
Myths We Tell Ourselves About Estate Planning
Tue 12 Nov, by FritzLaw on Estate Planning, Probate
Estate planning can be a very difficult process. While it’s not brain surgery, making the decision to move forward with the planning requires us to face the fact that we will not live forever. This thought can stop many people right in their tracks. Others talk themselves out of seeing a qualified attorney to put together an estate plan based on some of the following common myths: Myth #1: Only the Rich Need Estate Planning …
Digital Afterlife: An Estate Plan For Your Social Media Accounts
Mon 4 Nov, by FritzLaw on Estate Planning
Did you ever wonder what happens to your digital footprint when you pass away? Well you should, particularly if you are part of the 77 percent of Americans who go online every day. As the internet has become more of an integral part of our lives, our information — pictures, videos, financial, emails, social media accounts, and other personal information — is constantly being stored online. All of this information is known as your “digital …
Your 5 Task Year-End Estate Planning To-Do List
Mon 28 Oct, by FritzLaw on Estate Planning
2020 is fast approaching. As we all prepare for the holidays and a new year, it is important that we wrap up any loose strings. Before entering into the new year, here are some things that need to be on your end of year checklist: Make Sure Your Estate Planning is Up To Date Will or Trusts Now that the federal estate tax exemption is fixed at $10 million per person adjusted for inflation ($11.18 …
How is a Corporate Trustee Different?
Fri 25 Oct, by FritzLaw on Estate Planning
In its simplest terms, a trust is a legal arrangement in which a trustee holds and manages assets for the benefit of one or more beneficiaries. The trustee owns the assets, enters into contracts on behalf of the trust, manages the trust’s investments as its trustee, and follows the trust’s instructions on making distributions. A trustee can be one-person, multiple people, or a company. Duties of a Trustee The duties of a trustee are many, …