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Making Sure Your Estate Plan Reflects Your Wishes

Posted by Brad Sarkauskas | May 18, 2018 | 0 Comments

No one likes to think about the end of their life, but it can happen before you expect it. Will your spouse, children, and other family members be provided for, or will they be fighting in court for years over what’s left of your estate? The more money, assets, and property you have, the greater your need for an estate plan...

How to Pass Your Home to Your Children Tax-Free

Posted by Brad Sarkauskas | Apr 28, 2018 | 0 Comments

Giving your house to your children can have tax consequences, but there are ways to accomplish it tax-free. The best method to use will depend on your individual circumstances and needs. Leave the house in your will The simplest way to give your house to your children may be to leave it to them...

Use Your Will to Dictate How to Pay Your Debts

Posted by Brad Sarkauskas | Apr 26, 2018 | 0 Comments

The main purpose of a will is to direct where your assets will go after you die, but it can also be used to instruct your heirs how to pay your debts. While generally heirs cannot inherit debt, debt can reduce what they receive. Spelling out how debt should be paid can help your heirs. If someon...

What to Consider in Retirement Planning

Posted by Brad Sarkauskas | Apr 07, 2018 | 0 Comments

What does retirement look like to you? This is an essential question to ask when beginning to plan for retirement. A good starting place is to start jotting down your ideas and, if married, your spouses ideas for retirement. Maybe travel is in your plan. If not travel, then how do you plan to s...

Selling The Family Home - Come See Us First

Posted by Brad Sarkauskas | Apr 01, 2018 | 0 Comments

After Marias husband died, Marias daughter Debby persuaded her to sell the family home and move into Debbys mother-in-law  cottage.  That  way  they  could  stay  close, and  Maria  could  invest  the money  from  the  sale  so that she  could  live comfortably. The house sold for a handsome s...

Decisions to Make for Your Power of Attorney

Posted by Brad Sarkauskas | Mar 28, 2018 | 0 Comments

A power of attorney may seem like a simple document, but there are several important decisions that need to be made when creating one. From whom to appoint to what powers to grant, care and consideration should be put into each choice. A power of attorney is one of the most important estate plan...

What is a Life Estate?

Posted by Brad Sarkauskas | Mar 24, 2018 | 0 Comments

The phrase life estate often comes up in discussions of estate and Medicaid planning, but what exactly does it mean? A life estate is a form of joint ownership that allows one person to remain in a house until his or her death, when it passes to the other owner. Life estates can be used to avoi...

Four Provisions People Forget to Include in Their Estate Planning

Posted by Brad Sarkauskas | Mar 21, 2018 | 0 Comments

Estate planning is something that should be started long before you think you need it and revisited regularly when you need to make changes. Divorce, remarriages, new children and/or grandchildren, as well as other life events, can alter the way your estate is handled after you die. But despite your best efforts, you may inadvertently leave out some less obvious provisions that not everyone may think about. Don’t forget to include these provisions in your estate plan.

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