Would you like to leave a tax-free gift for someone in your estate plan? It is possible to arrange a gift that does not qualify for certain taxes. How do gifts help conserve wealth? If you arrange it correctly, some gifts left through estate plans are tax-free. You...
estate planning
Elder Law vs. Estate Planning
Many people have difficulty describing the difference between what a traditional estate planning attorney offers his or her clients versus what an elder law attorney offers his or her clients. The easy answer is that an estate planning attorney addresses the common...
When to Update an Existing Estate Plan
Completing an estate plan generally provides individuals with a sense of relief and accomplishment knowing that their wishes and desires with respect to medical and financial decision making, as well as asset distribution are represented in black and white. However,...
Why Should I Plan My Estate?
Being in this line of work, I understand that no one wants to talk about their own mortality or the importance of planning for the unexpected. However, by procrastinating in implementing at least a basic estate plan, you run the risk that your intended beneficiaries...
General Durable Power of Attorney – The Most Important Tool in One’s Estate Planning Arsenal
General Durable Power of Attorney - The Most Important Tool in One's Estate Planning Arsenal When someone hears or mentions the term, estate planning, a Will is usually the first thing that comes to mind. While a will is an important part of a comprehensive estate...