What Can You Learn From Senator Kennedy’s Will and Trusts?
David M. Frees examines Senator Kennedy's will and how he used wills and trusts to protect family and privacy. This article also examines how he selected his executors and trustees.
Estate Planning
When You’re Leaving Someone Out of The Will – Making Sure That Your Will Is Respected
Making your will work even when challenged. Leaving a person out of the will.
Divorce and Asset Protection For Beneficiaries Cont.
We continue to receive inquiries from clients in search of ways to protect the assets they leave to their children and beneficiaries from divorce, law suits and creditors. Although clients protection from tax liability is of continued importance, asset protection in estate planning has grown in significance. Clients recognize that 50% or more of the …
Teaching The Next Generation About Money and Wealth – A Gift From Dave Frees
Regardless of where you are on your personal journey of building wealth and a legacy, you probably want to teach your children or grandchildren about how to successfully, and happily build, keep, share, and grow wealth. Years ago I discovered a great resource to help with that task. It is a book by George S. …
Mistakes Executors Make and How To Avoid Them
Click here to get your free copy of this valuable executor resource for Pennsylvania executors. If you are an executor, or, if you are trying to decide who to appoint as an Executor, make sure to order and read this important report for executors by David M. Frees III. This report examines the most …
The Will TO DO List For Parents
If you have children (old or young) you may have been thinking about doing a will or updating an old will to include new children, to appoint a guardian, and to do a trust to protect them from getting control over the inheritance too soon. In fact, new parents often report that they secretly worry …
Executor Fees In Pennsylvania – Who Can Reduce These Fees? It May Not Be Just Who You Think
Historically, executor fees in Pennsylvania and how much can be charged by an executor, have been governed by fee guidelines as opposed to state statutory fees. For a review of a common fee guideline, see my article on the Johnson Estate Guidelines on Executor Fees. As a result, the probate courts have always had …
Protecting Your Estate Plan From Challenges and Attack
If you have a second marriage, step children, children from separate marriages or who are treated unequally under your plan, then you must protect your will and estate plan from attack.
Pennsylvania Executors – Avoiding The Mistakes That Lead To Personal Liability
Click here to get your free copy of this valuable executor resource for Pennsylvania executors. If you are an executor, or, if you are trying to decide who to appoint as an Executor, make sure to order and read this important report for executors by David M. Frees III. This report examines the most …
How Do I Pay For Estate and Inheritance Taxes Parts One and Two
David M Frees III answers the questions: When are death taxes due? and How do I pay for death taxes?