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4 Tips to Avoid a Will or Trust Contest
Fighting over provisions in your will or trust can derail your final wishes, rapidly deplete your financial legacy, and tear your loved...
Tom c/o Wealth Counsel
35 minutes ago3 min read
0 views


Should I Buy a Home with Someone Other than a Spouse?
Rising housing costs, the desire for companionship, and the need to share resources are increasingly leading buyers to consider co-owning...
Tom c/o Wealth Counsel
Mar 216 min read
15 views


Planning for the Unthinkable: Essential Tools for Parents of Minor Children
Approximately three-fourths of Americans do not have a basic will. [1] Â Many of the same people also have children under the age of 18,...
Tom c/o Wealth Counsel
Mar 77 min read
61 views


5 Things to Talk About with Your Family
You intend to pass along your hard-earned money and property through your estate plan, but what about your wisdom? Ensuring that you...
Tom c/o Wealth Counsel
Feb 213 min read
66 views


Handling a Loved One’s Debts After They Die
Americans are, quite literally, getting buried in debt, with nearly half expecting to pass away with outstanding debts. [1] As a general...
Tom c/o Wealth Counsel
Jan 106 min read
49 views


Kids Going Away to College?
Why You Should Include Estate Planning in the Preparation You have likely been preparing for a long time to get your college student off...
Tom c/o Wealth Counsel
Dec 13, 20243 min read
19 views


Have You Checked Your Beneficiary Designations Lately?
You regularly check the balances of your retirement, bank, and investment accounts. But when was the last time you checked the...
Tom c/o Wealth Counsel
Nov 27, 20246 min read
149 views


Caution: Using a DIY Deed to Avoid Probate Can Lead to Unintended Consequences
Deeds are legal documents that must comply with state law to be valid.
Tom c/o Wealth Counsel
Nov 15, 20243 min read
24 views


Left Out of Your Parent’s Estate Plan?
Research shows a growing disconnect between how much children expect to receive and how much their parents plan on leaving them
Tom c/o Wealth Counsel
Oct 18, 20246 min read
42 views


How to Choose the Initial Trustee of Your Trust
When you establish a trust, you nominate someone to be the trustee. If you are creating a revocable living trust, you will likely be the...
Tom c/o Wealth Counsel
Oct 4, 20244 min read
30 views


The Perils of Joint Property
Joint ownership has the potential to cause disastrous unintended consequences and complications you did not intend.
Tom c/o Wealth Counsel
Sep 20, 20244 min read
56 views


Won’t My Spouse and Kids Inherit Everything When I Die?
You may think that if you die while you are married, everything you own will automatically go to your spouse and children. But you are...
Tom c/o Wealth Counsel
Sep 12, 20244 min read
16 views


What Conditions Can I Put on My Child’s Inheritance?
You have two primary options for leaving an inheritance to a child. The most straightforward is to give it to them in a single lump sum,...
Tom c/o Wealth Counsel
Aug 23, 20244 min read
17 views


Estate Planning Is About Knowing Your Priorities
Thinking about the world and how our loved ones will fare after we pass away can be very difficult. Although we all know that we will...
Tom c/o Wealth Counsel
Jul 26, 20245 min read
437 views


Planning for an Addicted Loved One
It has been said that the only thing harder than being an addict is loving one. It can be particularly difficult for a parent to bring a...
Tom c/o Wealth Counsel
Jul 12, 20246 min read
18 views


What Is Next for Your Estate Plan?
Having an estate plan is a great way to ensure you and your loved ones are protected today and in the future. When creating an estate...
Tom c/o Wealth Counsel
Jun 14, 20243 min read
31 views


What Can I Not Do as Trustmaker and Trustee of a Revocable Trust?
Wills and living trusts are two of the most fundamental estate planning documents. While both accomplish the same primary objective in an...
Tom c/o Wealth Counsel
May 31, 20243 min read
82 views


Will your Family Battle Over your Estate?
Most families are happy families. They get together for the holidays, share laughs, and tell stories. Everyone gets along and enjoys each...
Tom c/o Wealth Counsel
May 20, 20243 min read
22 views


What Happens to An Adult Child Living at Home When Their Parents Pass Away?
Today more young adults are living at home with their parents than at any time since the 1940s. While there are many different opinions...
Tom c/o Wealth Counsel
May 17, 20247 min read
27 views


Intrafamily Loans and How They Work
An intrafamily loan is a financial arrangement between family members—one who is lending and another who is borrowing. An intrafamily...
Tom c/o Wealth Counsel
May 3, 20244 min read
33 views
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