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Understand What’s At Stake Before Agreeing to Serve as Trustee

by Matthew Murillo | Mar 21, 2019 | Estate Planning, NLBM, PFL

Being asked by a family member or close friend to serve as trustee for their trust upon their death can be an incredible honor. At the same time, however, serving as a trustee can be a massive responsibility—and the role is not for everyone. In fact, depending on the...

Gen-X, 90210 Star Luke Perry’s Death Demonstrates the Importance of Planning for Incapacity

by Matthew Murillo | Mar 14, 2019 | Estate Planning, NLBM, PFL

In late February, Luke Perry, who became famous starring in the 1990s TV series Beverly Hills 90210, suffered a massive stroke at age 52. He was hospitalized under heavy sedation, and five days later, when it became clear he wouldn’t recover, his family decided to...

Why You Might Actually Owe Taxes in 2018

by Matthew Murillo | Mar 7, 2019 | Estate Planning, NLBM, PFL

Like many taxpayers, if you’ve already filed your federal income taxes for 2018, you may be surprised to discover you’re not getting a refund this time.  If so, this was almost certainly due to the sweeping tax overhaul made by the 2017 Tax Cut and Jobs Act (TCJA)....

7 Events That Necessitate a Review of Your Estate Plan

by Matthew Murillo | Mar 1, 2019 | Estate Planning, NLBM, PFL

Even if you put a totally solid estate plan in place, it can end up proving worthless if it’s not properly updated. Estate planning is not a one-and-done type of deal: It should continuously evolve along with your life circumstances. No matter who you are, your life...

Could an IRA Trust Benefit Your Family?

by Matthew Murillo | Feb 21, 2019 | Estate Planning, NLBM, PFL

Unlike most of your assets, individual retirement accounts (IRAs) do not pass to your family through a will. Instead, upon your death, your IRA will pass directly to the people you named via your IRA beneficiary designation form. Unless you take extra steps, the named...
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