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May 2013 Archives

Revocable trusts: a useful estate plan tool for spouses

One of the themes of this blog is that estate planning is not a one-and-done activity. To be sure, for a married couple it may seem straightforward to simply leave everything to each other. After all, that is what a tenancy by the entirety is intended to do for jointly held property. And a will can pass along other property, often via a trust.

Digital heirs and digital assets: estate plans for an online age

A month ago, in our April 15 post, we wrote about Google's introduction of a dashboard to assist people with making decisions about what happens to their digital data after death. This could include designating someone to serve as "inactive account manager" - or, in more popular terms, a Google heir.

Young people and estate planning: begin with the basics

Young people in their 20s and 30s have a lot on their plates. Finishing school, starting a family, launching a career — all are inherently challenging. Indeed, the combination of increases in the cost of college and the sluggish post-Recession job market can make stepping fully out into adult life harder than ever.

Beneficiary designations, part 2: a Supreme Court case

In last week's post, we wrote about the importance of updating beneficiary designations in life insurance policies and on retirement accounts. The reason for doing so is simple: to make sure the designations continue to express the priorities of the policy or account holder.

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