Frequently Asked Estate Planning Questions

Below are answers to some of the most commonly asked questions about estate planning, including probate proceedings, executors and trustees, and estate administration. Check out the full list of our frequently asked questions for more information, or visit our YouTube channel to see our latest videos.

Top

All Estate Planning Questions

If I have a will, will my family need to do a probate proceeding in court?

If I have a living trust, will my family need to do a probate proceeding in court?

Why has my attorney not recommended a trust to me?

Will my money be tied up if I use a living trust?

If my assets are owned jointly with my spouse, do I still need a will or trust?

Is life insurance on my life taxable to my beneficiaries upon my death?

Are my IRA and 401k proceeds taxable to my beneficiaries upon my death?

Are there taxes on gifts that I make to my children? Do I get a deduction on my income tax return for gifts I make to my children?

Is there any way to make administration of my estate easier on my family when I die?

How is my business affected by my death?

How do I protect myself in the event that I become incapacitated?

Can my IRA be deferred after my death?

Probate and Trust Administration

Probate and Trust Administration

Is having a living trust expensive to create and maintain?

Who should I appoint to handle my estate?

Does the administration of an estate tie everything up for years?

What types of taxes will be due from my estate?

Will my family be able to get distributions from the estate or from the trust to live on?

Prob

Probate and Trust Disputes

Can a will be challenged in court? What are the reasons a will can be challenged?

Can gifts made by the deceased be challenged by other beneficiaries of my estate after my death?

If my sibling is in charge of the estate and won’t give me information on the estate, do I have any options?

What if the will or trust is ambiguous, or if there are provisions lacking?

How do I find a good attorney to represent me in a probate or trust dispute?

 

 

Estate Planning

If I have a will, will my family need to do a probate proceeding in court?

If I have a will, will my family need to do a probate proceeding in court?

Back to Estate Planning
If I have a living trust, will my family need to do a probate proceeding in court?

If I have a living trust, will my family need to do a probate proceeding in court?

Back to Estate Planning
Why has my attorney not recommended a trust to me?

Why has my attorney not recommended a trust to me?

Back to Estate Planning
Will my money be tied up if I use a living trust?

Will my money be tied up if I use a living trust?

Back to Estate Planning
If my assets are owned jointly with my spouse, do I still need a will or trust?

If my assets are owned jointly with my spouse, do I still need a will or trust?

Back to Estate Planning
Is life insurance on my life taxable to my beneficiaries upon my death?

Is life insurance on my life taxable to my beneficiaries upon my death?

Back to Estate Planning
Are my IRA and 401k proceeds taxable to my beneficiaries upon my death?

Are my IRA and 401k proceeds taxable to my beneficiaries upon my death?

Back to Estate Planning
Are there taxes on gifts that I make to my children? Do I get a deduction on my income tax return for gifts I make to my children?

Are there taxes on gifts that I make to my children? Do I get a deduction on my income tax return for gifts I make to my children?

Back to Estate Planning
Is there any way to make administration of my estate easier on my family when I die?

Is there any way to make administration of my estate easier on my family when I die?

Back to Estate Planning
How is my business affected by my death?

How is my business affected by my death?

Back to Estate Planning
How do I protect myself in the event that I become incapacitated?

How do I protect myself in the event that I become incapacitated?

Back to Estate Planning
Can my IRA be deferred after my death?

Can my IRA be deferred after my death?

Back to Estate Planning

 

Probate and Trust Administration

Is having a living trust expensive to create and maintain?

Is having a living trust expensive to create and maintain?

Back to Trust Administration
Who should I appoint to handle my estate?

Who should I appoint to handle my estate?

Back to Trust Administration
Does the administration of an estate tie everything up for years?

Does the administration of an estate tie everything up for years?

Back to Trust Administration
What types of taxes will be due from my estate?

What types of taxes will be due from my estate?

Back to Trust Administration
Will my family be able to get distributions from the estate or from the trust to live on?

Will my family be able to get distributions from the estate or from the trust to live on?

Back to Trust Administration

 

Probate and Trust Disputes

Can a will be challenged in court? What are the reasons a will can be challenged?

Can a will be challenged in court? What are the reasons a will can be challenged?

Back to Probate and Trust Disputes
Can gifts made by the deceased be challenged by other beneficiaries of my estate after my death?

Can gifts made by the deceased be challenged by other beneficiaries of my estate after my death?

Back to Probate and Trust Disputes
If my sibling is in charge of the estate and won’t give me information on the estate, do I have any options?

If my sibling is in charge of the estate and won’t give me information on the estate, do I have any options?

Back to Probate and Trust Disputes
What if the will or trust is ambiguous, or if there are provisions lacking?

What if the will or trust is ambiguous, or if there are provisions lacking?

Back to Probate and Trust Disputes
How do I find a good attorney to represent me in a probate or trust dispute?

How do I find a good attorney to represent me in a probate or trust dispute?

Back to Probate and Trust Disputes