Hyden, Miron & Foster, PLLC Law Blog

Thursday, July 29, 2021

Tips for Choosing the Personal Representative of Your Estate


If you are taking steps to establish an estate plan, then you have already made important progress towards protecting the future you want for yourself and your loved ones. During the estate planning process, there are many important decisions you will need to make.
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Monday, July 26, 2021

Estate Planning Changes and the For the 99.5% Act


Recently, Senator Bernie Sanders introduced sweeping reforms to the federal estate tax. He introduced the “For the 99.5% Act” to Congress back in March. If passed, the impacts on estate planning will be significant. Fortunately, the changes would not go into effect until the end of 2021.
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Monday, June 28, 2021

Where Should You Keep Your Original Estate Planning Documents?


Estate planning can be so much more about a will, although a will can be important. A will can not only detail how you wish your property to be distributed upon your death, but it can also do things such as name the personal representative of your estate as well as an alternate should your first choice be unable to serve for one reason or another and you can also name a guardian of your children should you have any minor children at the time of your passing.
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Thursday, June 24, 2021

Dangers of DIY Estate Planning


The importance of estate planning cannot be overstated. While it is most prominently known as a plan for how you wish your assets to be distributed to the appropriate heirs after you pass away, there is so much more to it.
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Friday, May 28, 2021

What Is a Spendthrift Trust?


Trusts can be incredibly valuable estate planning tools. The number of trust types available are various and can serve a variety of different purposes.
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Tuesday, May 25, 2021

Does “Domicile” Matter in Estate Planning?


If you have considered or engaged in estate planning, it may have been your first foray into the legal realm. It can feel like you have arrived in a foreign land.
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Thursday, April 29, 2021

Why a Prenup Can Be a Valuable Estate Planning Tool


Most people consider a prenup to be something that could be a part of planning for an impending marriage. Other times, people may think that a prenup is something you do when you plan for a divorce before the marriage has even occurred. Most people, however, would not think about a prenup as an estate planning tool. The trust is, however, that putting a prenup in place can be a valuable estate planning move for a number of reasons. Here, we will discuss how prenups could help you fortify your estate plans.


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Monday, April 26, 2021

The Importance of Planning for Your Digital Assets


Take a moment to think of the expanse of our digital presence. Really consider how much of your life is on your computer or online. Despite the amount of time we spend on our laptops and other devices, when you really consider your digital footprint, you may be surprised at its prominence. As use of our technology has expanded and changed, so has


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Thursday, March 25, 2021

Portability of the Estate Tax Exemption


Many may not realize it, but estate planning is not just something important that you put in place and then should forget about. Because estate planning reflects so much of current laws, current family dynamics, and members, as well as current life situations, it should be revisited when things change.
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Monday, March 22, 2021

What to Know About Remarriage and Estate Planning


Remarriage seems to be more and more common. It can mark the start to a new, great chapter in your life. As you move towards your future with your new spouse, it can be very important to make sure you have an estate plan in place which takes into account your new circumstances. Here we will discuss things you should be aware of regarding remarriage and Read more . . .


Thursday, February 25, 2021

The Estate Planning Benefits of a 529 Savings Plan


Do you have kids, grandkids, or loved ones that will face the often significant costs associated with getting an education? These costs can start early with private school tuition. At the college level and beyond, the tuition and expenses seem to increase again and again. Student loan debt is a burden on so many and it can be difficult for them to see any light at the end of the tunnel. To help the next generation start out with a clean slate, many look for ways to provide financial support for educational endeavors. One such way is through a 529 savings plan.
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