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Three Reasons to Avoid Probate
When you pass away, your family may need to sign certain documents as part of a probate process in order to claim their inheritance. This...

Tom c/o Wealth Counsel
Oct 9, 20223 min read


A Trust to Protect Your Home and Your Loved Ones
Estate planning is about protecting you and your loved ones. Sometimes this can be a difficult endeavor when there is a loved one who may...

Tom c/o Wealth Counsel
Sep 23, 20224 min read


Be Aware When Administering a Hoarder's Estate
Hoarding is more than just being a bit messy (or buying a six-month supply of toilet paper): It is actually a mental disorder causing...

Tom c/o Wealth Counsel
Sep 9, 20224 min read


Make Sure You’re Not Missing These Important Points
Roughly two-thirds of Americans do not have an estate plan, according to a recent survey from Caring.com.[1] If you are among the...

Tom c/o Wealth Counsel
Aug 26, 20225 min read


Questions To Ask Your Estate Planning Attorney
Creating an estate plan is a personal and often emotional undertaking, making the selection of your estate planning attorney of the...

Tom c/o Wealth Counsel
Aug 12, 20224 min read


How to Keep Your Child’s Inheritance Out of Your In-Law’s Hands
About 40 to 50 percent of all marriages in the United States end in divorce. Regardless of how you feel about your child’s spouse, you...

Tom c/o Wealth Counsel
Aug 5, 20225 min read


Celebrate Independence Day by Claiming Control of Your and Your Loved Ones’ Futures
Every year on the Fourth of July, Americans across the country celebrate our nation’s declaration of independence from Great Britain. Yet...

Tom c/o Wealth Counsel
Jul 15, 20224 min read


Questions to Ask When Investing in a Vacation Property
According to the National Association of Home Builders, in 2018 there were approximately 7.5 million second homes, making up 5.5 percent...

Tom c/o Wealth Counsel
Jun 24, 20225 min read


What Happens to My Spouse's Debts at Their Death?
A spouse’s death creates a difficult and demanding time for the surviving partner. As much as you might want space and time alone to...

Tom c/o Wealth Counsel
Jun 10, 20226 min read


Updating Your Estate Plan: How Many Tweaks Are Too Many?
If your life or the law has changed since you signed your last will and testament (will) or trust agreement, you need to update your...

Tom c/o Wealth Counsel
May 27, 20222 min read


Dutiful Child or Manipulator of the Elderly?
As parents age and their physical and mental capacities diminish, it is natural for their adult children, recognizing the parents’...

Tom c/o Wealth Counsel
May 13, 20224 min read


Stay at Home Parent Considerations
Most American strive to earn a decent-sized paycheck to support themselves and their families when they go to work. Stay-at-home parents,...

Tom c/o Wealth Counsel
Apr 29, 20225 min read


If I Give My Home to My Child in My Will, Can They Take My Home While I Am Still Alive?
The short answer to this question is no. Naming your child as the recipient of your home in your will does not give them any right to...

Tom c/o Wealth Counsel
Apr 15, 20222 min read


Spring Cleaning: Time to Clean Up Your Estate Planning
Your estate plan, like your home, periodically needs a thorough polishing. Your life circumstances are constantly changing, and an estate...

Tom c/o Wealth Counsel
Apr 1, 20225 min read


What to Know about Nonfungible Tokens
A nonfungible token (NFT) is a unique digital code that represents a digital item such as art or music, as well as a growing number of...

Tom c/o Wealth Counsel
Mar 18, 20224 min read


Estate Planning Considerations for Couples with an Age Gap
With couples of similar ages, planning for the future is naturally a joint effort. However, if you are married to someone who is...

Tom c/o Wealth Counsel
Mar 4, 20223 min read


Changes to the FAFSA Form and What It Means for Grandparents
For grandparents who want to leave a legacy to their grandchildren, the gift of a 529 college savings plan is an option. Not only can...

Tom c/o Wealth Counsel
Feb 18, 20225 min read


QTIP Trust - Will My Spouse Get What They Need?
What is a QTIP trust? A qualified terminable interest property (QTIP) trust is an estate planning tool that married couples can use to...

Tom c/o Wealth Counsel
Jan 21, 20225 min read


Parenting beyond the Grave with Common Trusts
Parents strive to make their children feel equally valued as reflected in the fact that, when setting up an estate plan, parents...

Tom c/o Wealth Counsel
Jan 7, 20224 min read


What Happens to Your Social Media Accounts at Your Death?
According to Statista, more than 295 million people in the United States use social media.[1] If you are an avid social media user, have...

Tom c/o Wealth Counsel
Dec 23, 20214 min read
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