“In this world nothing can be said to be certain, except death and taxes.”  Benjamin Franklin With this famous line written in 1789, Benjamin Franklin offered a friend some wisdom that has become one of his most-quoted quips.  While some taxes are certain, Estate and Inheritance tax laws continue to evolve.  An Estate Tax is…

The legal process of the transferring of property upon a person’s death is known as probate.   Probate means “to prove” and it is the court-supervised process of authenticating (or proving) a last will and testament. It includes locating and determining the value of the decedent’s assets, paying his or her final bills and taxes, and distributing…

A Personal Representative (sometimes also referred to as an executor) is the person who is named in a will to manage the decedent’s affairs after death.   This role is an important one.  Oftentimes, understanding what the role entails can help in making the decision of who to name in your will to act as Personal Representative.  If you…

The idea of discussing your parent’s finances and estate planning can seem overwhelming and incredibly intimidating.  After all, this is oftentimes the type of questions parents ask their children – not the other way around.  However, as challenging as it can be to initiate this conversation, it is important to do so in order to…

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