All topics

Estate Planning

Wills, trusts, beneficiaries, and making sure your money goes where you want it to.

57 articles

Beginner

25

Beneficiary designations override your will

The 10-minute fix that matters more than your will for most of your money — and the ex-spouse horror story that happens constantly.

5 min read

Dying without a will: what your state decides for you

Everyone has an estate plan — if you didn't write one, your state legislature did. Here's what theirs says.

5 min read

Financial power of attorney, explained

The document that matters while you're still alive — who pays your mortgage if you're in a coma?

5 min read

Healthcare directives and living wills

The documents that speak for you when you can't — and spare your family the worst argument of their lives.

6 min read

The death binder: what to put in your legacy drawer

A complete checklist for the one document collection your family will desperately need — and how to build it in a weekend.

5 min read

TOD and POD designations: probate avoidance for free

Transfer-on-death and payable-on-death registrations — the zero-cost tools that move accounts (and in many states, your house) outside probate.

5 min read

Naming guardians for your minor children

The hardest question in estate planning, made answerable — how to choose, how to document it, and the money mistake most parents make alongside it.

6 min read

How to talk to your parents about their estate plan

The conversation everyone avoids until it's too late — scripts, timing, and the five questions that actually matter.

5 min read

DIY wills vs. online services vs. hiring an attorney

An honest decision guide — what each route costs, where each one breaks, and the situations that genuinely require a lawyer.

6 min read

Funeral costs and preplanning without the prepay traps

What funerals actually cost, the federal rules that protect you, and how to plan ahead without handing a funeral home your money decades early.

5 min read

Small estate affidavits and other probate shortcuts

Most estates don't need full probate. The affidavit process, summary administration, and how to keep an estate under the limits on purpose.

5 min read

What happens to your debts when you die

Your family almost never inherits your debt — but the estate pays before heirs collect. Who's actually liable, what creditors can and can't do, and the co-signing exceptions.

6 min read

Choosing an executor or trustee: the decision people get backwards

It's an honor, but it's mostly a job. What the role really demands, why the oldest child isn't automatically right, and when to pay a professional.

5 min read

When to update your estate plan (and what breaks if you don't)

Documents rot. The life events that silently invalidate your plan, what state law changes automatically, and a trigger-based review system.

5 min read

Providing for pets in your estate plan

Pets are legally property — they can't inherit. Pet trusts, caretaker arrangements, and the realistic dollar math of funding an animal's future.

5 min read

What is a trust fund? (Not just for the ultra-rich)

A trust is just a legal container with rules attached — three roles, two main types, and reasons ordinary families use them every day.

6 min read

Testamentary trusts: the trust your will creates at death

A trust that springs to life through your will, most often to hold money for minor children until they are old enough to handle it.

5 min read

Pour-over wills: the safety net for your living trust

The short companion will that catches anything you forgot to put in your trust and funnels it in, plus why it is not a substitute for funding.

5 min read

Codicils: how to change your will without rewriting it

When a small amendment makes sense, when to just redo the whole will, and the formalities a codicil must follow to be valid.

5 min read

Signing your will correctly: witnesses and self-proving affidavits

The formalities that decide whether your will is valid at all, why beneficiaries should never witness, and how a self-proving affidavit saves your family a headache.

5 min read

How to choose an estate planning attorney

When you need a specialist versus a generalist, what a good engagement includes, how fees work, and the questions that separate a real estate planner from a document mill.

5 min read

Estate planning in your 20s and 30s

You are young and think you do not need this. Here is the short, cheap document set that actually matters at your age, especially once there is a partner, a baby, or any assets.

5 min read

Estate planning when you're single with no kids

No spouse and no children does not mean no plan, it means the default beneficiaries may be the last people you would choose, and incapacity has no obvious decision-maker.

5 min read

12 common estate planning mistakes to avoid

A field guide to the errors that quietly wreck plans, from the never-updated beneficiary form to the unfunded trust, and how to catch each one.

6 min read

Finding lost assets and unclaimed inheritances

Billions in forgotten accounts, uncashed checks, and unclaimed life insurance sit in state coffers. How to search for a deceased relative's assets, and prevent your own from being lost.

5 min read

Intermediate

23

Wills vs. revocable living trusts

What each one actually does, what each one costs, and an honest framework for deciding whether you need the trust.

5 min read

Probate: what it actually costs and how to avoid it

The court process everyone fears, demystified — real costs, real timelines, and the four ways assets skip it entirely.

5 min read

Digital assets and password succession

Your photos, crypto, airline miles, and 200 online accounts — what happens to your digital life when you're gone.

6 min read

Joint ownership: JTWROS, tenancy in common, and community property

How the words on your deed and account titles quietly decide who inherits — and the tax trap in adding a child to your deed.

6 min read

Estate and inheritance taxes: who actually pays

The federal exemption is enormous, but a dozen-plus states have their own rules — here's who actually writes a check.

6 min read

Stepped-up basis: the most valuable tax rule nobody knows

Why inherited assets can wipe out decades of capital gains tax — and why selling or gifting the wrong asset at the wrong time costs families five figures.

6 min read

Giving money now vs. leaving it later

The case for giving with warm hands, the tax rules that make it easy, and the situations where waiting is clearly better.

6 min read

So you've been named executor: a walkthrough

What the job actually involves, step by step — the first week, the first months, the money mistakes that create personal liability.

6 min read

Inherited IRAs and the 10-year rule

The SECURE Act quietly rewrote what heirs owe the IRS. How the 10-year clock works, who's exempt, and the withdrawal timing that saves real money.

5 min read

Disclaiming an inheritance: when saying no is the smart move

You can legally refuse an inheritance — and sometimes you should. The tax, benefits, and creditor situations where a disclaimer wins, plus the strict rules for doing it.

5 min read

Estate planning for unmarried couples

The law gives your partner nothing by default. The documents that fix it, the tax breaks you don't get, and the traps that catch long-term couples.

5 min read

Life insurance's real job in your estate plan

Beyond income replacement: liquidity for the estate, equalizing inheritances, covering taxes — and the ownership mistake that puts the payout back in the taxable pile.

5 min read

The unfunded trust: why living trusts fail and how to actually fund yours

A trust only avoids probate for assets that are actually in it. The retitling checklist, asset by asset, and the maintenance habit that keeps the plan working.

6 min read

Beneficiary architecture: per stirpes, per capita, and the traps in the fine print

Two Latin words on a beneficiary form decide whether your grandchildren inherit or get skipped. Contingents, minors, and the design most families actually want.

6 min read

The family estate meeting: what to share, when, and how to keep the peace

Most inheritance conflict isn't about money — it's about surprise. A practical playbook for the conversation that prevents it, without handing out your balance sheet.

6 min read

Contesting a will and no-contest clauses

Who can challenge a will, the four grounds that actually win, and how a no-contest clause is meant to scare off the fight before it starts.

6 min read

Spendthrift trusts: protecting an inheritance from the heir

How a spendthrift provision shields a beneficiary's inheritance from their creditors, their divorce, and sometimes from themselves.

5 min read

Transfer-on-death deeds: passing your home without probate

How a beneficiary deed moves your house outside probate for the cost of a recording fee, which states allow it, and the traps to avoid.

5 min read

Estate planning for blended families

Second marriages, stepchildren, and kids from prior relationships turn a simple will into a landmine. The structures that protect both a spouse and your own children.

7 min read

Estate planning for business owners and succession

A business is often the biggest, most illiquid asset in an estate. Buy-sell agreements, succession planning, and keeping the company from being sold to pay taxes.

7 min read

Trustee duties: the fiduciary job people underestimate

Accepting a trusteeship means taking on legal duties to the beneficiaries, personal liability for mistakes, and years of careful administration. What the job actually demands.

6 min read

Leaving unequal inheritances to your children

Sometimes equal is not fair and fair is not equal. Legitimate reasons to divide unevenly, how to do it without igniting a feud, and the documentation that protects your wishes.

6 min read

Inheriting a house: keep, sell, or rent

The stepped-up basis that can wipe out capital gains, the mortgage and insurance clock ticking immediately, and how to decide among keeping, renting, and selling.

6 min read

Advanced

9

Irrevocable trusts 101

What it means to give up control on purpose — asset protection, tax planning, and the honest question of whether you need any of it.

6 min read

Special needs trusts: providing without disqualifying

How to leave money to a loved one with a disability without destroying the government benefits they depend on.

7 min read

Naming a trust as your retirement account beneficiary

Sometimes necessary, often a costly mistake — the pitfalls of routing your 401(k) or IRA through a trust, and when it's actually worth it.

6 min read

ILITs: getting life insurance out of your taxable estate

Life insurance is income-tax-free but not estate-tax-free. The irrevocable life insurance trust, Crummey letters, the three-year rule, and an honest look at who still needs one.

7 min read

Portability vs bypass trusts: the married couple's estate tax architecture

The DSUE election, the Form 706 nobody files, and why the 'old-fashioned' bypass trust still earns its keep for growth, state taxes, and second marriages.

7 min read

Medicaid asset protection: the five-year lookback, the math, and the ethics

Long-term care can consume a life's savings at $100,000 a year. How the lookback and penalty rules actually work, what's already protected, and a clear-eyed look at whether planning around them is right for your family.

7 min read

QTIP trusts: providing for a spouse and protecting your kids

How a qualified terminable interest property trust supports a surviving spouse for life, defers estate tax, and still guarantees the remainder goes where you choose.

6 min read

The generation-skipping transfer tax, explained

The extra 40% tax designed to stop the wealthy from skipping a generation of estate tax, who it hits, and the exemption that keeps most families clear.

6 min read

Dynasty trusts: keeping wealth in the family for generations

A trust built to last for many generations, sheltering assets from estate tax, creditors, and divorce at each level, and the tradeoffs of ruling from the grave.

6 min read
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