Preparing the appropriate documents to transfer the ownership of your assets to loved ones after your death is an emotional and critically important task. Your will is your statement of how you want your property distributed, to whom, and in what proportions, upon your death. The questions and answers below describe five things about will preparation that …
5 Things about Montana Wills You Wish You Knew Sooner Read More »
Estate planning, especially before your demise, is a crucial element of wealth and estate management. Last wills and testaments and living trusts are both suitable methods of distributing your assets to your beneficiaries in a legal manner and according to your wishes. However, these methods differ in the mode of creation and execution. Read on …
What Is The Difference Between A Will And Living Trust? Read More »
As hard as it may be to believe, another year has flown by and the holidays are upon us once again. This means decorating the house, watching your favorite holiday movies, and spending time with those you love most. However, it can also mean spending time trying to figure out what to get your loved …
Reasons to Create an Estate Plan This Holiday Season Read More »
Executing the wishes of a testator starts with reading a will and applying the bidding as listed. However, sometimes, it may be challenging to honor the wishes of a loved one if the terms are ambiguous. Any elements of uncertainty in a will are cause for agitation and confusion among beneficiaries. If you plan to …
5 Common Sources of Confusion with Wills for Recipients and Beneficiaries Read More »
It’s easy to assume that none of your beneficiaries will contest your will. Unfortunately, this assumption isn’t true. The beneficiaries of your estate may contest your will, especially if they can establish the need for more provision. It’s essential to create a will that none of your beneficiaries will disregard. At Tanko Law, we help …
6 Strategies to Ensure Your Beneficiaries Won’t Disregard Your Will Read More »
The pandemic has caused a lot of us to slow down. Instead of being on the go, headed to movie theaters and shopping malls, we’re forced to self-quarantine. That time can be used to get to your to-do list. At Tanko Law, we can help you with some of the legal items on that checklist, …
Use The Quarantine As A Way To Check Legal Items Off Of Your List Read More »
You spend an entire life working hard and building an admirable estate. You may have managed your finances into a comfortable nest-egg, or invested well in the stock market. You may have an admirable collection of properties, vehicles, or small businesses. This is the kind of estate worth planning for, because it took so much …
How to Prepare Your Legacy Wealth Plan with Montana Real Estate Read More »
You probably felt real satisfaction and peace of mind when you had made your will and completed your related estate planning. You felt that now your intentions would be carried out exactly as you specified, your estate used as you wished, and your beneficiaries protected. The same crucial goals, of course, apply to keeping your …
Updating Your Estate Plans: A 10-Point Checklist Read More »
If you will not need to spend the assets during your life, and want some say over how your assets are used after your death, why not put your Individual Retirement Account (IRA) funds into a trust? Specifically, that means creating a trust and designating the trust the beneficiary of your IRA. Because you cannot …
Advantages of Creating a Trust to Handle Your IRA assets Read More »
When your financial success makes it possible, you begin to think of how the wealth you have earned can support your goals in retirement and confer benefits on your family, others you care about, and causes that you cherish. Everyone is unique in his or her specific assets, goals and values, and hopes and plans. …
The Tax- and Estate-Planning Implications of Your Legacy Wealth Read More »
