Preparing Children for Inheritances in the Future
By discussing finances with your children early and often, you can set them—and future generations—up for success, when it’s time to receive the wealth you’ve accrued.
Estate Law Blogs & News
How Do I Include Care for My Children in Estate Plan?
Parents should make sure they have arrangements in place for the care of their minor-aged children, when planning their estates…
Estate Planning Is a Gift and a Legacy for Loved Ones
Talking about death makes most of us uncomfortable, so we don’t plan for it. That’s a big mistake, because if you don’t have an end-of-life plan, your state’s laws decide who gets everything you own.
Should I Create an LLC for Estate Planning?
Somewhere between a corporation and a partnership lies the limited liability company (LLC). This hybrid legal entity is beneficial not just for small-business owners but is also a powerful tool for estate planning.
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.
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.
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