A legacy letter, sometimes also called an ethical will, is a great way to pass on the wisdom that you have acquired and can be one of the most meaningful parts of your estate plan.
Are you feeling bogged down in a swamp of clutter, deadlines, and incomplete tasks? As we draw closer to the end of the year, make it your goal to do a few simple things over the course of a day or two that will result in increased productivity and peace of mind for 2020.
If you or your grown children are part of a blended family, your estate planning should reflect the special considerations and complexities involved.
Bankruptcy may be one of the last things on your mind when you are creating an estate plan.
A medical power of attorney is a crucial part of your estate plan that enables you to name a trusted person to make health care decisions for you if needed. It is essential for the person you name to have the information necessary to carry out your wishes for your medical care.
Estate planning is not just about what happens to your stuff when you die. It is about coordinating all aspects of your life so (i) you can be taken care of during times when you are unable to care for yourself, and (ii) your money and property are distributed to the individuals you have selected upon your death, in the way you want.
A 529 plan, legally known as a “qualified tuition plan,” is a savings plan that provides tax advantages designed to encourage people to save for their children or grandchildren’s future education costs.
Identity theft is the last thing a grieving family should have to worry about after the loss of a loved one.
It’s time to take a deep breath and spend some time taking care of yourself before the holidays arrive. You can implement many aspects of self-care on your own. However, a well-designed estate plan will require the help of an experienced estate planning attorney.
A sizeable IRS tax penalty for failure to take an RMD can be like a gut punch to a retiree, as many retirees are on fixed incomes. If you have missed one or more RMDs, we can help you submit the necessary forms and documentation to request a waiver of the penalty from the IRS.