Tag Archives: tax

Mistakes Executors Make

Posted on April 2, 2021 by Keith Davis

An article published in the Wall Street Journal several years ago is still one of my favorites. It is particularly relevant to those who are serving or have been designated as executor in friends’ or family members’ wills, but it … Continue reading →

Posted in Estate Planning, Inheritance, Probate, Wills | Tagged estate planning, executor, liability, tax, wills | Comments Off

Does Your Will Need To Be Updated?

Posted on September 24, 2020 by Keith Davis

I will occasionally have clients who wish to probate the will of a deceased parent or spouse, only to find that the will is very old; I think about fifty years old is the oldest I’ve had. This frequently causes … Continue reading →

Posted in Estate Planning, Estate Tax, Probate, Wills | Tagged estate planning, probate, tax, wills | Comments Off

Estate Planning for your Vacation Home

Posted on December 20, 2017 by Keith Davis

If you own a vacation home, it may have great significance to you from a personal, family, financial and emotional perspective. How and whether that home will be passed on to others is a serious concern that can result in … Continue reading →

Posted in Community Property, deed, Estate Planning, Gift Tax, Inheritance, life insurance, Probate, Tax, Trusts, Wills | Tagged beneficiary, community property, estate planning, life insurance, tax, trusts, wills | Comments Off

Update Your Will

Posted on November 6, 2015 by Keith Davis

You should read your will at least every few years to make sure it is current. It is amazing how many people think they designated one person to serve as executor only to discover they designated someone who they now … Continue reading →

Posted in Beneficiary designation, Estate Planning, Estate Tax, Gift Tax, Income Tax, Wills | Tagged beneficiary, codicil, estate planning, executor, last will and testament, tax, taxes, will | Comments Off

When to update your Will

Posted on June 16, 2015 by Keith Davis

Friends often ask me whether they need to update their Will. Or the other side of that is the people who just don’t want to be bothered and say, “We already did our Wills.” So when should you update your … Continue reading →