by McIlveen Family Law Firm | Aug 26, 2019 | Trusts and Estates
When you think of IRAs, you probably think of retirement. But what happens to your IRA money after you’re gone? The answer depends on how you go about creating your estate plan and selecting beneficiaries, and you might be surprised to find out that your money could...
by McIlveen Family Law Firm | Aug 23, 2019 | Trusts and Estates, Divorce
You can protect your child’s inheritance from their spouse by planning early. Parents who develop an estate plan often do so to provide for their heirs financially. Many want to make sure hard-earned assets, family heirlooms, or closely held businesses stay...
by McIlveen Family Law Firm | Aug 23, 2019 | Trusts and Estates
Do I really need an estate plan if I don’t have a large estate? You don’t need to have a summer house in the Hamptons or a private art collection big enough to rival MOMA to consider yourself the owner of an estate. In fact, virtually anyone who owns anything...
by McIlveen Family Law Firm | Aug 23, 2019 | Trusts and Estates
Five words no one ever wants to hear from their doctor: “Get your affairs in order.” Unfortunately, 58 percent of Americans do not have a will or trust, and it often requires a chronic disease or terminal illness diagnosis, or other life-changing event to prompt the...
by McIlveen Family Law Firm | Aug 15, 2019 | Divorce
When you sit down to create your estate plan, there are likely dozens of questions running through your mind. Who should get possession of your home? Who should run the family business? Will you create a college fund for your grandkids? What charity should you donate...