Q: Why would your children need an estate plan once they turn 18 and head to college? A: Going off to college or beginning a new career is an exciting and significant step into adulthood for many young individuals. As parents, we prepare them with dorm gear or equipment, new clothes, all the electronics and safeguards we can put in…
Q: How can blended families, subsequent marriages, or complex family dynamics benefit from a more customized estate plan? A: Estate planning for blended families and subsequent marriages can be complicated and proper planning is important. There might be concerns about the potential for unequal treatment of children, stepchildren, and current spouses. It is important to determine your goals and create…
Q: Second marriages: How do I protect my spouse without disinheriting my kids? A: A great way to protect your spouse without disinheriting your kids is to title your home and your non-qualified investments in a revocable trust with what is known as a “qualified terminable interest property” (QTIP) provision. This trust allows the income and principal of the trust…
Mark Bartram is a member of Sheehan Phinney’s Estate Planning Group, focusing his legal practice on trusts and estates with extensive experience in estate planning, trust and fiduciary administration, and probate matters. For more information please contact Mark at mbartram@sheehan.com or (603) 627-8326. Mark Bartram is a member of Sheehan Phinney’s Estate Planning Group, focusing his legal practice on trusts…
This month brings a variety of events, from sugar shack visits to fundraisers, craft fairs, flower shows and more!
