Estate Planning

Monday, September 27, 2021

The Importance of an Estate Plan Update After Moving

Have you recently moved? Are you planning to move soon? When you are assembling your seemingly never ending to-do list, be sure that an estate plan update tops the list. It can be important for a number of reasons which we will discuss in more detail here.

The Importance of an Estate Plan Update After Moving

First of all, it is important to note that state laws can have serious impacts on what you are considered to be owner of upon your death, which will, in turn, likely have significant consequences for your estate plan. Some states are community property states. In these states, almost all property and other assets acquired during a marriage are considered to be owned in equal parts by both spouses, with some exceptions.
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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 . . .

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