Recent Blog Posts
What To Know About Certain Assets That May Receive a Step Up in Basis
Completing your comprehensive estate plan is something that should be done with the support of a qualified estate planning lawyer. An estate planning lawyer helps you to look at all of the assets you own and all of your potential liabilities to determine how these may factor into your probate estate. Your entire estate… Read More »
Why You Need Estate Planning Now If You Have Health Issues
Every person of any age and health status can benefit from an estate plan to ensure that your wishes are carried out, but a person with significant health issues must prioritize their end-of-life planning. You will need a will that determines who receives your assets as well as appoint someone to care for any… Read More »
Is My Will A Matter of Public Record?
You may recognize that creating a will is one of the best ways to document who you want to receive which assets when you pass away. A will is not required, but is strongly recommended for each adult over age 18. Your will is your chance to document your wishes surrounding your property and… Read More »
How to Break Through Estate Plan Procrastination
When you’re young and single, you might assume you don’t need an estate plan. With so much of your life ahead of you, it’s simple to put it off. But all it takes is an illness where you want your wishes shared with your healthcare team or an accident that leaves you unable to… Read More »
Three Kinds of Laws That May Influence Your Estate Plan
Most people are under the impression that they will not trigger the federal estate tax implications for their assets after they pass away. This is because these federal taxes are for extremely large estates. Bear in mind that those rules can change and that you may not be incorporating the full value of all… Read More »
What Is an Executor Required to Do?
When you create your estate plan, you name someone as an executor or executoress to handle the administration of your estate. This individual has a fiduciary duty to the estate and to its beneficiaries, meaning they must act in accordance with the wishes of the will and other estate planning documents and remain in… Read More »
Does a Revocable Living Trust Transfer from One State to Another?
If you previously worked with an estate planning lawyer to create a revocable living trust, make sure you stay on top of any edits to your plan that may be required when you move. Your trusts should primarily remain valid if you decide to relocate to another state. However, it is important to be… Read More »
What If I Want to Terminate a Previously Executed Power of Attorney?
A power of attorney is a document that is used to name someone else, known as an agent, to act on your behalf if you are unable to do so. In some cases, your power of attorney agent may never be activated, especially if you set it up so that only springing events like… Read More »
Inheriting Money? It’s Time To Talk To an Estate Planner Yourself
A recent study conducted by Free Will found that many heirs who are set to receive inheritances in the short term future would be more likely to work with a financial advisor after they inherit. Working with a financial advisor and identifying other professionals to help you with your planning process is extremely important… Read More »
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