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DATE: 03/17/2022By: Tremer & Tremer, P.C.

When Can Estate Assets Be Distributed?

Many estate executors focus on estate taxes and forget about income taxes. That can be an expensive mistake.
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DATE: 03/16/2022By: Tremer & Tremer, P.C.

Are Millennials Estate Planning?

As the coronavirus pandemic increased anxiety and upended many lives, it led U.S. millennials to get more serious about end-of-life planning.
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DATE: 03/11/2022By: Tremer & Tremer, P.C.

What If an Estate Owes Back Taxes?

My mother passed, and she was an administrator of my grandfather’s estate and the inheritances. The estate accumulated quite a bit of back taxes over the years. Will the IRS put a lien on that estate as well as hers to retrieve funds?
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DATE: 03/10/2022By: Tremer & Tremer, P.C.

Is a Medicaid Annuity a Good Idea?

For couples who face depleting their own assets, using a Medicaid-compliant annuity could be a way to preserve assets and still qualify for Medicaid.
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DATE: 03/09/2022By: Tremer & Tremer, P.C.

Can You Set Up a Trust After Death?

In estate planning, the use of trusts to manage the distribution of assets is becoming increasingly more common. However, for many people, the idea of setting up a trust during his or her lifetime is overwhelming and perhaps even unnecessary.
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DATE: 03/08/2022By: Tremer & Tremer, P.C.

Does Marriage have an Impact on a Will?

Being married is significant both for a married person’s lifetime estate planning and subsequent administration of the estate at death. Important rights and responsibilities exist between married persons.
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DATE: 02/25/2022By: Tremer & Tremer, P.C.

Should I Delay Claiming Social Security?

When you begin claiming affects how much money you get from the program, and once you're receiving checks, it's difficult to undo your decision.
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DATE: 02/24/2022By: Tremer & Tremer, P.C.

Do Your Will and Estate Planning Documents Need to Be Updated?

It’s generally recommended that you review your will and other end-of-life documents at least every few years, although there can be reasons to do a checkup more often.
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DATE: 02/21/2022By: Tremer & Tremer, P.C.

Why Should I Have a Living Will?

As a review of terms, a will is a legal document that specifies how a person’s estate should be handled only after that person’s death. A living will has nothing to do with how your “things” like property, money, jewelry, etc. are to be distributed. Unlike a will, it is, in fact, a document that comes into play while you’re still alive.
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DATE: 02/16/2022By: Tremer & Tremer, P.C.

Write a Letter of Instruction for Loved Ones

Executors can use additional information in administering estates, especially if the executor is unrelated to the decedent.
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