Estate Planning · October 24, 2022
One of the most frequent inquiries we receive is regarding the function of trusts in reducing tax obligations. We're here to inform you of the tax implications connected with various forms of trusts, given the demand for knowledge about the importance of trusts on taxes. If you want to understand how taxes, trusts, and estate planning interact, this article is for you. More information is available by clicking the link.
Estate Planning · October 19, 2022
Estate planning is a continuous activity, not a one-time event. You probably already know how vital it is to make an estate plan, but you might not realize how crucial it is to keep that plan up to date. If you want your plan to succeed and keep your family out of court and out of conflict, you need to update it immediately in response to frequent life occurrences. No matter who you are, your life will change: families change, assets change, laws change, and ambitions change. This article will o
Estate Planning · October 12, 2022
It is never easy to think of your passing, even harder considering that even death has a price. The average funeral cost is between $7,000 and $12,000, rising yearly. Yes! You made a bequest in your will to pay for funeral expenses. However, the money is not readily accessible because of the probate court procedure. Imagine your loved ones experiencing both grief and financial hardships. The best course of action is through us, your Personal Family Lawyer®. Allow me to demonstrate the five most.
Estate Planning · October 11, 2019
Same-Gender spouses are often challenged when they need to make parental, medical, and financial decisions for partners who are incapacitated or unable to communicate because they may have family members who remain opposed to the validity of their marriage. If you're in the same situation, you especially must need to put a comprehensive estate plan specifically design for your situation to ensure your planning strategies for your loved ones work exactly as you intended. Learn more here.
Estate Planning · October 04, 2019
Indeed, pets can become our closest companions and it’s only natural you’d want to make sure your furry friend is provided for in your estate plan, so when you die or if you become incapacitated, your beloved companion won’t end up in an animal shelter or worse. Having a will in your estate plan is good, however, it is not the best suitable option for ensuring that they are protected and provided the kind of love and care they deserve. Read here the reasons why.
Estate Planning · September 13, 2019
It is crucial to create (and regularly update) an inventory of all your assets, including digital assets in your trust and to immediately amend your plan following major life events like divorce, deaths, births, and inheritances to ensure that your assets will never be lost and will be inherited by your family. Learn here the consequences of not updating your plan.
Estate Planning · August 17, 2018
Most people don’t find estate planning necessary, but there are certain things you should do immediately. Avoiding estate planning will end up hurting your loved ones in the long run, they will end up paying much more for a simple task you could complete now. Plan now so that your loved ones are not stressed after your death. Here are tips to help you make smart decisions for the benefit of your loved ones’ future.