What Estate Taxes Will I Have to Pay

What Estate Taxes Will I Have to Pay

As you might imagine, fully understanding estate taxes – or any taxes – can be challenging. Thankfully, however, for most people, estate taxes should not be a pressing concern. This is because federal estate taxes do not kick in unless an estate’s value exceeds $12.92...
Can I Put My Home in a Trust if I Have a Mortgage

Can I Put My Home in a Trust if I Have a Mortgage

At eLegacy, we often recommend that our clients create Trusts as part of their comprehensive Estate Plans. One of the prime advantages of creating a Trust is that it can operate in place of a Will to distribute your estate (or parts of it) when you pass away. However,...
Why is a Will Necessary as a Backup to a Trust

Why is a Will Necessary as a Backup to a Trust

Why is a Will Necessary as a Backup to a Trust? At eLegacy, our clients are used to us touting the benefits of a Trust as an Estate Planning tool that can operate in lieu of a Will to pass your estate down to your heirs. When you understand and appreciate the benefits...
Whom Should I Name as My Executor

Whom Should I Name as My Executor

Creating an Estate Plan may include drafting many documents, including things like Trusts, Wills, Durable Power of Attorney (DPOA), Advance Directives, and so on. Putting these documents together requires you to make many decisions, and one of the key decisions is...
Will I Lose Control of My Assets If I Create a Trust

Will I Lose Control of My Assets If I Create a Trust

At eLegacy, we often recommend creating Trusts as part of a comprehensive Estate Plan. Many people have heard of Trusts, but too often, they think that Trusts are very complicated. One common concern people have when we recommend establishing a Trust is whether they...
How Long Does It Usually Take to Complete an Estate Plan

How Long Does It Usually Take to Complete an Estate Plan

When people decide to finally “get their affairs in order” and create an Estate Plan, they can suddenly seem in a great hurry to get it done, even after years of putting it off! Accordingly, at eLegacy, one question we often get right up front is: how long will this...