by Christine | Jun 14, 2015 | Uncategorized |
Once you're divorced you should immediately create a new estate plan — a will or revocable living trust, a healthcare power of attorney, and an advanced health care directive. Read on for more estate planning must-do’s regarding divorce. A...
by Christine | Jun 12, 2015 | Estate Planning, Heirs, Interstate Estate, Wills |
Thus far, many people have attempted to establish a link – none have been successful. If no one claims the inheritance in 30 years, the money goes to the British crown. No will or other estate planning documents could be found for Kathleen Hilda Ryan, who passed away...
by Christine | Jun 11, 2015 | Conservatorships, Dementia, Elder Law, Long Term Care |
Can you imagine not being notified if your parent had been injured, fell ill or had even passed away? With a recently increasing occurrence across the country, state representatives are proposing changes to ensure children have visitation rights to ailing parents. Fox...
by Christine | Jun 11, 2015 | Asset Protection, Elder Law, Estate Planning, Estate Tax, Estates, Living Trust, Portability, Power of Attorney, Trusts, Wills |
So how do you know if your estate plan is out-of-date? If your will or trust predates these four key “freshness dates,” it may be time to visit your attorney for a review. Estate plans are not meant to be a one-time deal. If life changes – or the law changes –...
by Christine | Jun 10, 2015 | Digital Assets, Digital Estate Planning, Estate Planning |
“‘Do you have any important business online?’ That is now just as important of a conversation as asking somebody their health care preferences in a life-threatening situation.” Leaving your digital accounts out of your estate plan can prove to be a big, bad mistake....
by Christine | Jun 9, 2015 | Estate Planning, Estate Tax, Estates, Inheritance, Living Trust, Probate, Tax Planning, Trusts, Wills |
Although some couples remain unmarried to protect their estates, that strategy backfires if you end up paying estate taxes. If you choose not to marry, you and your partner need to educate yourselves on your estate planning and retirement options. If you’re married,...
by Christine | Jun 8, 2015 | Asset Protection, Estate Planning, Estates, Living Trust, Tax Planning, Trusts, Wills |
Sixteen states and the District of Columbia levy an estate tax with some taking a bigger piece of your estate than others. For this reason, it is critical to understand which states are going to take more out of your beneficiaries pocket when you die. So which states...
by Christine | Jun 7, 2015 | Asset Protection, Estate Planning, Estates, Individual Retirement Accounts (IRA), Inheritance, Living Trust, Power of Attorney, Probate, Trusts, Wills |
"The costliest errors are ones we make ourselves, often without realizing how much damage we're doing." "Estate planning is intertwined with the financial plan," a newsmax.com article explained, and it’s no secret that many individuals fail to...
by Christine | Jun 5, 2015 | Asset Protection, Estate Planning, Estates, Trusts |
Actually the trusts are Crummey trusts named after one D. Clifford Crummey who won a decision in the Ninth Circuit in 1968, when I was just a high school lad. Israel and Erna Mikel were just in Tax Court showing how powerful the Crummey power can be as they...
by Christine | Jun 4, 2015 | Elder Law, End of Life Decisions, Estate Planning, Long Term Care |
At Hospice of Anchorage, end of life planning is what clinical director Alison O'Donnell encourages. Having advanced directives, or a living will, and a power of attorney in place is a gift to family, she said. Folks all over the country are starting to think...
