by Barbara Pizzolato | Nov 19, 2018 | Estate Planning
Shocking to most people, the retirement account you leave for your spouse can be seized in a divorce, lawsuit, or bankruptcy. 3 Options Available To Surviving Spouses When your surviving spouse inherits your IRA, he or she generally has three options: Cash out the...
by Barbara Pizzolato | Oct 29, 2018 | Estate Planning
What constitutes a “large” gift can be relative. That being said, if you are considering giving cash or property to someone, a little bit of planning can really help avoid negative consequences. This is particularly true if the gifted amounts are over $15,000.00,...
by Barbara Pizzolato | Oct 22, 2018 | Estate Planning
Receiving an inheritance is a huge blessing but, if not handled properly, can also become a curse. Often times, the inheritor does not know what to do with the new asset and runs into financial trouble, squandering most, if not all of it. This could happen due to the...
by Barbara Pizzolato | Oct 21, 2018 | Estate Planning
The third week of October is National Estate Planning Awareness Week (Oct. 15-21, 2018). Estate planning is important for everyone regardless of wealth or family status because if you become incapacity or pass away without an estate plan, you are leaving the...
by Barbara Pizzolato | Oct 21, 2018 | Estate Planning
To the general public, a trust may seem like an advanced tool only for the wealthiest among us. But, the reality is that trusts are a foundational estate planning tool with a solid history for being highly effective in ensuring a person’s wishes are carried out. The...
by Barbara Pizzolato | Oct 15, 2018 | Estate Planning
If you find yourself in the “sandwich generation” (caring for both your children and your parents, simultaneously), you should know whether your parents have put together an estate plan. While it is still your parents’ choice to make their estate-planning decisions,...
