The Good Executor

Good Executor

This is a re-publication and update of an article I wrote that originally appeared here. Why “Executor” The title “Executor” is commonly used to refer to a person who administers the estate of a deceased person. In Latin, an Executor is always a male. The female counterpart is an “Executrix.” Gender specific titles can be…

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Basic Documents – Legal Services

Basic Documents

Basic Documents Basic Documents – Legal Services are the foundation of all Estate Planning.  With few exceptions, everyone over the age of 18 should implement these documents.  Such Basic Documents designate emergency medical and legal decision makers.  Implementing Basic Documents is a key element of “proactive law” – where solutions are put in place before…

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Children and Money

Tough Decisions

When Should You Talk to Your Children About Money And Your Estate? Children and money are a tough blend.  One or both are at the root of either conflict or oneness in marriage. What should you tell your children about your estate? How much do you tell them about your personal or business finances? How…

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Spousal Lifetime Access Trust

Spousal Lifetime Access Trust

What is a Spousal Lifetime Access Trust (SLAT)? A Spousal Lifetime Access Trust or “SLAT” is an Irrevocable Trust that: Provides specific support for a spouse for life Is excluded from the taxable estates of both spouses If everything goes as planned, ultimately passes more than the exclusion amount to the children or other designated…

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