Are you and your spouse holding real estate in a trust as a married couple? Or you are planning to, someday in the future? There are different ways to go about this, so today we’re going to talk about the method we use...
Category: Estate Planning
What Happens If My Beneficiary Dies Before Me?
April 18, 2014
A lot of care and consideration goes into the choosing of a beneficiary and the creation of an estate plan. Unfortunately though, things do not always work out as we’ve planned. So you might wonder, “What happens...
What Happens to Your Pet When You Die?
March 4, 2014
Your dog is more than just an animal that lives in your home. He is a family member. A companion. A friend. And like a child, your pet relies on you for food, shelter, and happiness . . . But what happens to your pet when you...
How to Reduce Income Taxes
February 14, 2014
When your beneficiary inherits your tax-deferred retirement plan (whether it’s a 401(k), IRA, 403(b), or SEP) after you pass away, they are required to pay taxes on all the money they receive. These taxes, which could...
Gun Transfer After Death
January 31, 2014
Do you own guns? Whether you have one, two, or a whole collection, it is important that you learn about gun transfer after death. If the gun (or guns) is not transferred properly, your beneficiaries could end up facing state...
Estate Planning Administration
January 28, 2014
Eventually every Estate Plan requires administration. What is administration in the context of an estate plan? To put it simply, it is the process that occurs after someone has passed. Many people neglect to prepare for their...
What Happens To My Facebook Account When I Die?
January 14, 2014
Everyone has an email account, probably a Facebook account, online bill pay and bank accounts, and other online personalities. What happens to those accounts when you become incapacitated, or when you die? Recently, a good...
What Happens to Your Internet Accounts When You Die?
January 14, 2014
Have you ever wondered what happens to your Internet accounts when you die (or become disabled)? Assuming you’ve been very prudent and private with your passwords, no one will be able to login to your online accounts....
What Is Estate Planning?
January 14, 2014
At LifeGen Law Group, estate planning is a large part of what we do. But what is estate planning? In this post, we’ll answer some of the most common questions we get. Does everyone have an “Estate”? You are...
Paying for a Nursing Home
January 9, 2014
Did you know that the average cost of one year in a nursing home is $83,000? That’s nearly $7,000 a month! Paying for a nursing home can be very difficult, especially if your long-term care insurance is cost-prohibitive...