DATE: 03/09/2022 • By: Tremer & Tremer, P.C.
In estate planning, the use of trusts to manage the distribution of assets is becoming increasingly more common. However, for many people, the idea of setting up a trust during his or her lifetime is overwhelming and perhaps even unnecessary.
Learn MoreDATE: 03/08/2022 • By: Tremer & Tremer, P.C.
Being married is significant both for a married person’s lifetime estate planning and subsequent administration of the estate at death. Important rights and responsibilities exist between married persons.
Learn MoreDATE: 02/25/2022 • By: Tremer & Tremer, P.C.
When you begin claiming affects how much money you get from the program, and once you're receiving checks, it's difficult to undo your decision.
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DATE: 02/24/2022 • By: Tremer & Tremer, P.C.
It’s generally recommended that you review your will and other end-of-life documents at least every few years, although there can be reasons to do a checkup more often.
Learn MoreDATE: 02/21/2022 • By: Tremer & Tremer, P.C.
As a review of terms, a will is a legal document that specifies how a person’s estate should be handled only after that person’s death. A living will has nothing to do with how your “things” like property, money, jewelry, etc. are to be distributed. Unlike a will, it is, in fact, a document that comes into play while you’re still alive.
Learn MoreDATE: 02/16/2022 • By: Tremer & Tremer, P.C.
Part of being a responsible homeowner is having a proper estate plan in place. After all, considering the home is generally the largest asset most people own, it's prudent to ensure this asset is passed to the people you wish to leave it to.
Learn MoreDATE: 02/16/2022 • By: Tremer & Tremer, P.C.
Executors can use additional information in administering estates, especially if the executor is unrelated to the decedent.
Learn MoreDATE: 02/16/2022 • By: Tremer & Tremer, P.C.
This is a great time to get organized with estate planning—it will make things a lot easier for yourself and your loved ones.
Learn MoreDATE: 02/16/2022 • By: Tremer & Tremer, P.C.
Of course, just because you have a living trust doesn't mean you are all set. Here are a few of the most common mistakes people make with their living trusts.
Learn MoreDATE: 02/16/2022 • By: Tremer & Tremer, P.C.
A revocable living trust is a great tool to help your assets pass smoothly to your beneficiaries and it can significantly reduce the headaches of probate.
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