How To Provide For Your Spouse In Estate Planning

To request a free zoom video meeting to design your estate plan, click the following link and complete the short questionnaire: This video describes what you can do as part of your overall estate planning strategy to provide appropriately for your spouse. Married couples customarily go through the estate planning process together. Often, providing for one’s spouse is the most important objective of someone, even more so than: providing for children or other beneficiaries, making the estate settlement easy, avoiding disputes, or even avoiding taxes. Those people who put providing for their spouse as most important are often thinking, “I married up and my spouse married down. My spouse has had to put up with my shenanigans for decades, so the least I can do is make sure my spouse is adequately provided for from my estate.” Failing to provide properly for your spouse can create a host of problems for your spouse in the future - court guardianship proceedings when you become incapacitated, having to go through a court and attorney involved probate proceeding for months or years after you pass away, having to pay significant sums of tax upon your death, being involved in a difficult estate dispute after you die, or having to get permission from others to sell your home or transact other assets after you pass away. 0:00 Provide for Spouse in Estate Plan 0:58 Failing to Provide for Spouse 2:52 Enhanced Durable Power of Attorney 3:49 Health Care Legal Documents 4:48 Living Will 6:02 Revocable Living Trust for Lifetime Planning 6:44 Should You Add Spouse as Authorized Signer? 7:34 Outright to Spouse, or In Trust for Spouse 8:59 Outright / In Trust Combo 9:37 Spouse as Executor and Trustee 10:14 Minimize Spouse's Tax Obligations 11:45 Enable Spouse to Avoid Probate 12:12 No-Contest Clauses This post is for informational purposes only and does not provide legal advice. Please do not act or refrain from acting based on anything you read on this site. Using this site or communicating with Rabalais Estate Planning, LLC, through this site does not form an attorney/client relationship....(read more)

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"Is Birch Gold Group a Reliable Choice for Your 2023 Gold IRA Investments?" - A Quick Review #shorts

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch Gold is a top choice to trust your hard-earned retirement savings. Birch Gold Group’s low initial investment minimum is another edge it has over its competitors whose minimums can range from $25,000 to $50,000. A beginning $10,000 minimum investment is all that is required to start a GOLD IRA with Birch which is advantageous for first-time investors. Spanning nearly two decades, Birch Gold Group’s mission and philosophy focus on a commitment to understanding your needs and finding the right fit for you. Their

New York Times Company Continues to Add Online Subscribers at a Steady Clip

Business News by Timothy Sumer - The company’s first quarter results showed total paid subscriptions reaching 4.5 million. Online ad revenue rose 19 percent, to $55 million, thanks, in part, to “The Daily” podcast. from NYT > Business https://nyti.ms/304QC2w via Timothy Sumer

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom Should I Rollover My 401k to anIRA 🤔 || 401k to IRA Rollover Pro's & Con's In this video, I want to talk about rolling over your 401k to an IRA Rollover and if that makes sense for your retirement planning . I want to look at the pro's to rolling over a 401k and also the con's to rolling over a 401k. When you should rollover your 401k to an IRA and when you should NOT rollover your 401k to an IRA. Let's talk about when you should NOT rollover your 401k to an IRA: 1. You are still working and are under the age of 59.5 2. You are 55 and considering retirement (Rule 55) 3. Increased creditor protection in a 401k 4. 401k's offer loans--IRA's do not offer loans Why you SHOULD rollover your 401k to an IRA 1. More investment choices in IRA over 401k 2. Lower investment fees 3. Convert IRA to Roth IRA (Roth IRA Conversion) 4. Consolidation from multiple 401k'

Timothy Sumer

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