Coronavirus Makes Estate and Tax Planning an Urgent Task
What may have seemed like something to take care of ‘one day,’ has turned into a basic necessity that makes it essential and necessary for you to encourage your clients to act now.
Estate Law Blogs & News
Should I Write My Will During the Pandemic?
If the coronavirus has taught us anything, it’s that writing a will may be as important as hand washing and using hand sanitizer.
Have an Estate Planning Attorney Create Your Plan!!
Estate planning documents often are treated like the photocopied permission slip for a child’s field trip. You fill in your name, include the children’s names and dates of birth and sign. The document is filed away to be used if needed, but you really never expect it to be used.
How Is the Inheritance Tax on My Estate Paid?
Most of my money is in investments, and most of my beneficiaries will face the inheritance tax when I die.
How Does Social Security Benefits Work in My Estate Planning?
Social Security benefits are one of the items that fall through the cracks in many estate plans.
How Do You Divide Up Mom’s Tangible Property?
One of the biggest challenges for anyone administering an estate is how to distribute what are called its tangible items. Unlike other property which can be easily sold, turned into cash and divided equally, tangible property is unique and often can’t be equally split. Its value also often can’t be measured by what it could be sold for. A family photo album may have no monetary value, for instance, but great sentimental significance.
The Best Way to Pick a Beneficiary for a 401(k)
You might not be able to spend all the money in your 401(k) plan before you die. If that happens, your retirement savings will pass to the person you name as the beneficiary of the account. The information on your 401(k) beneficiary form typically supersedes what is written in your will. Therefore, it is important to keep this form up to date for all your retirement and investment accounts.
Financial Abuse Risk for Seniors Isolated by Pandemic
Each year, senior citizens lose billions of dollars to financial fraud, with the loss to individual victims averaging tens of thousands of dollars.
Save Your Family Stress and Plan Your Funeral
The death care industry — yep, it’s got its own industry moniker — is an estimated $20 billion business. Service Corporation International, a publicly traded company that operates 1,475 funeral homes and 483 cemeteries in 44 states, pulled in more than $3.2 billion in revenue in the past 12 months.
What Does CNN’s Anderson Cooper’s Estate Plan Look Like for his New Baby?
Anderson Cooper’s newborn son Wyatt started life with every material advantage and a lot of big questions. Call it the Vanderbilt Curse.
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