On behalf of Rudolph & Bloodgood, LLC | Feb 25, 2020 | Estate Planning
Those who have taken the time to create an estate plan understand what an incredible gift it is to leave to loved ones. An estate plan offers those left behind less worry and stress while allowing a person to pass on their assets as they wish. Many may think that an...
On behalf of Rudolph & Bloodgood, LLC | Feb 13, 2020 | Estate Planning
An estate plan is something that everyone should have but would-be estate planners may wonder why they should have an estate plan. Several reasons illustrate the importance of having an effective estate plan. The different ways an estate plan can be helpful include:...
On behalf of Rudolph & Bloodgood, LLC | Feb 13, 2020 | Estate Planning
Trusts are an important estate planning tool that can survive a variety of different purposes for estate planners. Because of their usefulness, estate planners should understand the different types of trusts and how they can help them. The most basic description of a...
On behalf of Rudolph & Bloodgood, LLC | Feb 13, 2020 | Estate Planning
Estate planners and families alike may have a variety of questions related to what probate is and what the probate process entails. The probate process simply refers to the process of transferring the estate planner’s property upon their death but it is an important...
On behalf of Rudolph & Bloodgood, LLC | Feb 13, 2020 | Estate Planning
A will is an important part of any estate plan and there are a variety of legal requirements for a will to be valid that estate planners should be familiar with. The requirements are not the same in every state which is why it is exceptionally important for estate...
On behalf of Rudolph & Bloodgood, LLC | Feb 13, 2020 | Estate Planning
This blog recently discussed the importance of an effective estate plan. Part of having a comprehensive overall estate plan is knowing what documents are included in an estate plan and what documents you need for your estate plan. Estate planning documents can help...
On behalf of Rudolph & Bloodgood, LLC | Feb 13, 2020 | Estate Planning
Knowing when to update an estate plan can be as important as starting an estate plan. Estate planners should be familiar with what circumstances should lead to an estate plan update so they can make sure their estate plan always reflects their most current wishes and...
On behalf of Rudolph & Bloodgood, LLC | Nov 25, 2019 | Estate Planning
Many newly married couples put off estate planning sometimes because they think they are too young or because they do not yet have children. However, if you are newly married, this is the perfect time to plan for your future. Estate planning serves many purposes,...
On behalf of Rudolph & Bloodgood, LLC | Nov 8, 2019 | Estate Planning
When most people think about estate planning, they envision sitting down with an attorney and drafting a will where they state who will receive certain assets or property when they die. Perhaps a daughter will receive your treasured tea set or you’ll pass down your...
On behalf of Rudolph & Bloodgood, LLC | Oct 15, 2019 | Estate Planning
You’re young and healthy, so you don’t really need a will. Unless the unthinkable does happen, then you and your family might lose any say in things. You’re likely not the only one in Morris county who thinks they’re too young to need a will. Only 14% of Americans...
