- Posted on October 19, 2021
Posted by The Life and Legacy Planning Group In a constantly evolving world, having the flexibility to adapt to changing circumstances is a valuable trait. But is flexibility less important in estate planning than in other areas of life? In many situations, you may not want your estate planning documents to be flexible after you […]
- Posted on October 12, 2021
Posted by: The Life and Legacy Planning Group When a couple engages in foundational estate planning, one of the first questions addressed by estate planning attorneys is whether it makes sense for the couple to use a Revocable Living Trust (RLT) as a part of their plan. If using an RLT makes sense, an important […]
- Posted on October 5, 2021
Posted by: The Life and Legacy Planning Group Do not let constant political and financial speculation prevent you from making tax-free annual exclusion, medical-payment, and educational gifts to or for the benefit of your loved ones. Make Annual Exclusion Gifts Annual exclusion gifts are transfers of money or property in an amount or value that […]
- Posted on September 28, 2021
Posted by: The Life and Legacy Planning Group If you were to ask attorneys across the country how often they get phone calls like the following, the answer (“very frequently”) may surprise you. The phone call might go something like this: “Hi, this is John Jones. My dad, Bill Jones, passed away recently and we […]
- Posted on July 13, 2021
In today’s digital age, many people have a library of digital assets that may include items such as books, music, and movies. One of the perceived benefits of owning these digital items is having a convenient way to access your favorite media indefinitely with just a few mouse clicks.
- Posted on June 29, 2021
Starting a new job is an exciting new chapter in your life. Depending on your company’s onboarding process, there can be a lot of moving parts.
- Posted on June 22, 2021
Creating a comprehensive plan for your future involves numerous different and critical elements. Working with a lawyer to create an estate plan, with its various documents, provisions, and pages, is comparable to hiring a plumber to fix a complicated problem.
- Posted on June 15, 2021
Traditionally, the three roles that must be filled when setting up a trust are the settlor (also called a grantor, trustor, or trustmaker), the trustee, and the beneficiary. All three roles are necessary to create a trust that functions properly.
- Posted on June 9, 2021
In the world of estate planning, terms that refer to legal documents such as wills, trusts, powers of attorney, and healthcare directives can be confusing and even overwhelming at times. What is a will, and how does it differ from a trust?
- Posted on June 1, 2021
A detailed inventory of all of your accounts and property is crucial for helping your loved ones manage your legal and financial affairs effectively.