How the Employee Onboarding Process Can Affect Your Estate Plan
Fri 4 Jun, by FritzLaw on Estate Planning, Probate
Starting a new job is an exciting new chapter in your life. Depending on your company’s onboarding process, there can be a lot of moving parts. You may feel overwhelmed by the introduction and review of the many different types of employee benefits. Not only are there forms to be filled out, they need to be filled out properly to ensure that your true financial and estate planning wishes are carried out. Beneficiary Designations Beneficiary …
Estate Planning Considerations for Religious Leaders
Fri 28 May, by FritzLaw on Estate Planning, Probate
Your noble calling is to help others grow in their faith and assist them in navigating the difficult circumstances that life may throw their way. It is important that you also take care of your affairs, however. A financial and estate planning team can help you create a plan that will protect you today and tomorrow so you can better serve your community and provide for those who count on you. Below are some important …
National Home Remodeling Month: Can I Remodel My Own Estate Planning Documents?
Wed 5 May, by FritzLaw on Estate Planning, Probate
Do you know that, according to the National Association of Home Builders, May is National Home Remodeling Month? Many people associate spring with cleaning out the old, brushing off the dirt accumulated from the long winter, and starting projects around the house that have been neglected for far too long. Perhaps, however, your home is fine as is and you need a remodeling project for something other than your home. Estate planning is one area …
Estate Planning for Professional Athletes
Wed 28 Apr, by FritzLaw on Estate Planning, Probate
In sports, success frequently brings significant monetary compensation. While this is a dream come true for most individuals, it is important to take the right steps to safeguard this hard-earned money. Most people assume that the biggest challenge is spending beyond one’s means. While this can cause many problems, it is not the only issue that athletes need to be aware of and plan for. Your Off-Court or Off-Field Penalty: Taxes There are several types …
Options for Establishing and Transferring Your IRA to a Loved One
Fri 23 Apr, by FritzLaw on Estate Planning, Probate
Now, more than ever before, Americans are using a variety of tax-deferred accounts such as 401(k)s and IRAs to save for retirement. And while the laws are currently designed so that people must start withdrawing the money when they retire, it is not uncommon for many of these accounts to still have significant value at the owner’s death. As a result, a huge amount of accumulated wealth is just waiting to be passed on to …