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Home / Archives for beneficiaries

Fair Isn’t Always Equal and Vice Versa

November 11, 2020

Estate Planning, Legal Education Tagged With: beneficiaries, children, unequal

When you’re deciding how your assets should be divided at death, sometimes dividing them equally is the appropriate choice. But, sometimes it’s not. Fair isn’t always equal or vice versa. Read on to learn more, including how to avoid a challenge if you choose an unequal division among your children. … [Read more...] about Fair Isn’t Always Equal and Vice Versa

Filed Under: Estate Planning, Legal Education Tagged With: beneficiaries, children, unequal

What’s an “Atom Bomb” or “Contingent Remainder” Beneficiary?

November 9, 2020

Estate Planning, Legal Education Tagged With: atom bomb, beneficiaries, contingent remainder, exploding turkey

When you’re deciding to whom to leave assets, most people choose their children or other descendants. However, you also need to decide on the “contingent remainder” beneficiary. In other words, who should get your assets if all your other beneficiaries are gone. Read on to learn more about this often-confusing concept. … [Read more...] about What’s an “Atom Bomb” or “Contingent Remainder” Beneficiary?

Filed Under: Estate Planning, Legal Education Tagged With: atom bomb, beneficiaries, contingent remainder, exploding turkey

Whom Do You Want to Get Your Assets?

May 8, 2020

Estate Planning, Legal Education Tagged With: beneficiaries, Estate Planning, ultimate

Whom Do You Want to Get Your Assets

When it comes to estate planning, most of us have an idea whom we’d choose to receive our assets at our death.  But often we don’t contemplate what should happen if the people whom we’ve selected die before us.  Read on to learn more about contingent beneficiaries. Whom Do You Want to Get Your Assets?   … [Read more...] about Whom Do You Want to Get Your Assets?

Filed Under: Estate Planning, Legal Education Tagged With: beneficiaries, Estate Planning, ultimate

Kiddie Tax is Worse Than Ever

January 11, 2020

Estate Planning, Legal Education Tagged With: beneficiaries, income tax, Kiddie Tax, trusts

kiddle-tax

The Kiddie Tax can apply to the unearned income of children. Read on to learn if this tax applies to you or your children. Also, learn ways to avoid the Kiddie Tax. Kiddie Tax is Worse Than Ever … [Read more...] about Kiddie Tax is Worse Than Ever

Filed Under: Estate Planning, Legal Education Tagged With: beneficiaries, income tax, Kiddie Tax, trusts

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