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Joe Volin's 12-Part Personal Guarantee
17 Tragic Misconceptions About Wills and Trusts
7 Potential Problems With Living Trusts
9 Dangers of Owning Property in Joint Tenancy
10 Fatal Mistakes That Tear Families Apart
Solutions to 15 Problems That Could Cost You a Fortune
Your Estate Plan Needs Maintenance
How to Choose a Qualified Lawyer
12 Tough Questions to Ask a Lawyer
Quiz for Estate Planning Lawyers
How I Calculate Legal Fees
Testimonials from Clients and Professionals
Continuing Education Courses
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Joe Volin’s Pop Quiz for Estate
Planning Lawyers
Give this quiz to every lawyer you interview to make sure he or she has
the knowledge, skill, judgment and experience you need to protect your
assets and prepare your estate plan.
Tax Issues
- Is there any concern about giving monetary gifts out of a living trust?
If so, how do you handle this concern? What if I am considered mentally
disabled?
- When should pecuniary or fractional shares be used for tax planning?
- How is the family trust taxed at the first death of a married couple?
- What are the tax issues at the second death of a married couple? How
do you assist in transferring dollars/assets to later beneficiaries?
- Do you handle tax returns after the death of your client?
Medical Concerns
- Who handles my medical decisions when I am not able to? What options
for personalizing health care decisions are available?
- If I am mentally disabled, how do I manage my investment funds within
my retirement plan?
- How is a mental disability handled within a living trust? How is determination
made of my disability?
Trust Protection Provisions
- If my beneficiary later divorces, what protective provisions do you
include in the trust?
- If my beneficiary has a catastrophic illness, what protective provisions
are included to avoid spend-down of the inheritance?
- If my beneficiary has credit/bankruptcy problems, is there creditor
protection provided by the plans you recommend?
- What provisions do you include within the living rust for dealing
with disputed debts after my death?
- How is personal property handled? What provisions do you recommend
to minimize disputes after my death?
- Explain trust creditor protection.
Funding
- Do you recommend funding a living trust? All assets? Explain reasons
for any exceptions.
- Describe your system for funding a living trust and keeping it funded?
- How do you handle funding of Qualified Retirement Plans, IRA’s,
etc.? What is your recommendation on beneficiary designations?
- Does your firm review asset name changes regarding living trust funding?
- Do you put life insurance in trust? Does the type of life insurance
policy make a difference?
General
- How do my successor trustees know about what they are to do upon my
death?
- Describe your system of communicating and implementing changes made
necessary by tax changes, legislation or court rulings? How do you bill
for these changes?
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