Once your estate planning documents are finished and signed, you need to store them securely but also be able to access them when needed. For most people, storing these documents in a safe deposit box is not necessary and may actually cause issues if you should pass...
Compassionate. Convenient. Comprehensive.
Compassionate. Convenient. Comprehensive.
Estate Administration
Disclaimer Martial Trusts
On Behalf of Simpson Law, PA | Apr 16, 2020 | Estate Administration, Estate Planning
When you create your estate planning documents, you might see reference to a disclaimer marital trust, which may be referred to as an A/B, “QTIP trusts”, or “Credit Shelter Trust”. These all tend to have similar purposes, so let’s explore how this type of trust may be...
Advance Planning for Unmarried Couples
On Behalf of Simpson Law, PA | Nov 30, 2019 | Estate Administration, Estate Planning
ust like married couples, unmarried partners need to have discussions and make decisions on estate planning. It’s really not more complicated than estate planning for married spouses, but many unmarried couples neglect their estate planning simply because they’re unmarried and may not think about what would happen to their estate.
A Tangle of Terms: Agent, Executor and Personal Representative
On Behalf of Simpson Law, PA | Oct 25, 2019 | Estate Administration
You've likely heard of the agent, executor of an estate, or the personal representative, but what do those mean and how do they differ? Let's take a look at what these terms mean for you. Personal Representative/Executor The personal representative (PR) is the person...
Intro to Quiet Trusts
On Behalf of Simpson Law, PA | Dec 22, 2018 | Estate Administration, Estate Planning
A quiet trust, also sometimes known as a silent trust, is a type of trust in which the beneficiaries are unaware of its existence.
Planning for Estate Taxes vs. Income Taxes
On Behalf of Simpson Law, PA | Dec 13, 2018 | Estate Administration
Traditionally, the federal estate tax was extremely burdensome to wealthier individuals, and the bulk of estate planning involved finding ways to minimize this federal tax. However, the federal estate tax rates and exemption amounts have changed dramatically over the...
What Happens to the House
On Behalf of Simpson Law, PA | Nov 10, 2018 | Estate Administration, Estate Planning
If you own property, either by yourself, with your spouse, a friend, or domestic partner, you will need to decide what happens with that property after your passing. In some cases, the property will pass directly to your spouse or co-owner, regardless of what your...
Per Stirpes and Per Capita: What’s the Difference?
On Behalf of Simpson Law, PA | Mar 16, 2017 | Estate Administration, Estate Planning
When considering how you want to leave your estate to your heirs, it is very important to determine how you want your heirs to inherit the property you may leave behind. If you are uncertain or have any questions, it would be best to consult an attorney.
How to Choose a Personal Representative, Trustee and Agent
On Behalf of Simpson Law, PA | Apr 25, 2016 | Estate Administration
Choosing a personal representative, an agent for your financial and medical power of attorney, and the successor trustee of your revocable living trust is one of the more difficult parts of estate planning. Often you end up choosing the same person for each role,...
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I've been a client of Suzanne's for almost a decade and, with flexibility and compassion, she has worked with me to adapt my plan to meet my expectations. I trust her advice and highly recommend her services. Donna
Suzanne has been helping me with Power of Attorney and Personal Representative responsibilities for a good friend who died. It turned out to be a rather complicated estate and Suzanne was very patient and thorough in... Probate Client
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