The Importance of a Successor Trustee

Rincker Law Estate Planning Leave a Comment

An estate plan that includes a revocable living trust is an excellent way to protect yourself and your loved ones upon your passing or in the event you are unable to manage your own affairs. As opposed to other estate planning options, a revocable living trust gives you the ability to keep control of and enjoy your accounts and property …

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Your Judgment of Divorce: The First Step in Estate Planning

Cari Rincker Estate Planning Leave a Comment

You have recently divorced your spouse and the judge has signed the divorce judgment. Now what? Although you may feel as though you have spent enough time and money on lawyers, there is one last attorney you need to talk to: an estate planning attorney. If you and your former spouse had estate planning done together previously, it is necessary …

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Wills vs. Trusts: A Quick & Simple Reference Guide

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Confused about the differences between a will and a trust?  If so, you are not alone. While it is always wise to contact experts like us, it is also important to understand the basics. Here is a quick and simple reference guide: What a Revocable Living Trust Can Do – That a Will Cannot Avoid conservatorship and guardianship. A revocable …

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Can I Remodel My Own Estate Planning Documents?

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Estate planning is one area that often goes unexamined and neglected. Is it time to remodel your estate plan? If so, is that something that you can (or should) do on your own? Small Estate Planning Updates Upon reviewing your estate planning documents, you may notice a number of seemingly small issues that need to be addressed, but you may …

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Why Is My Trust So Long?

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When you met with an attorney a few weeks ago, perhaps all you expected was a simple will. Maybe you thought that, with your situation, the work should be easy and the documents should be few. But now that you have finished working with the attorney, your parting gift is a large binder filled with hundreds of pages. You may …

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Is a Revocable Living Trust Right for You?

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Revocable Living Trusts have become the basic building block of estate plans for people of all ages, personal backgrounds, and financial situations. But for some, a Revocable Living Trust may not be necessary to achieve their estate planning goals or may even be detrimental to achieving those goals. What Are the Advantages of a Revocable Living Trust Over a Will? …

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Protecting Your Children’s Inheritance When You are Divorced

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Consider this story. Beth’s divorce from her husband was recently finalized. Her most valuable assets are her retirement plan at work and her life insurance policy. She updated the beneficiary designations on both to be her two minor children. She did not want her ex-husband to receive the money. Beth passes away one year after her divorce. Her children are …

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Using Wills and Revocable Living Trusts for your Farm’s Estate Plan

Rincker Law Estate Planning, Food & Ag Law Leave a Comment

Last week’s blog post focused on succession planning– this post will focus on farm estate planning by using wills and trusts (both equally important and can be easily confused).  Let’s first look at the advantages and disadvantages of a will.  A big advantage of a will is that it can be changed or revoked until the testator loses capacity to make, change, …

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Overview of Common Estate Planning Documents for Farms

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Despite popular belief, the succession and estate planning process is more than just getting a Last Will and Testament – it’s taking a solid look at your estate planning goals and coming up with a plan that works for you and your family farm (no matter the size).  I think it’s really important for family farms to “improve the default …

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Saturday Links

Rincker Law Animal Law, Environmental Law, Estate Planning, Family/Matrimonial Law, Food & Ag Law, International Treaties and UN Organizations, Links and Online Resources, Social Media and Technology Leave a Comment

It’s been a busy week.  I have been catching up on my blog feed before heading to the gym.   This is what I found: This month’s Pennsylvania State Agriculture Law Brief has updates on the G-20 Action Plan, Hydraulic Fracturing, and the White House Rural Council. I excitedly received a Google+ invite this week from a respected family law …

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Try To Have *That* Conversation With Your Family This Holiday Season

Rincker Law Food & Ag Law 4 Comments

You know the conservation that I am referring to– the one about estate and succession planning.  The conversation when you talk about all the What If’s.  Try to have that conversation this holiday season.  I know it might be an uncomfortable topic to bring up while you are “roasting chestnuts on the open fire” or drinking eggnog while watching Charlie …

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