Exemptions for federal estate taxes continue to rise to the point that they are not an issue for most middle-to-upper-income people who plan to leave money to their heirs. Nevertheless, federal estate tax still represents a very big problem for...
Your Lawyers For Life
Month: November 2014
What happens to my assets if I don’t leave a will?
Thinking about your own death can be a scary thing for most people. Because of its finality, a lot of people try to avoid thinking about it until the very last minute. This can sometimes mean though that people will put off handling many of the end-of-life things that...
Mirror, mirror, on the wall, who’s the best beneficiary of them all?
We often encourage people to review their beneficiary forms to make sure the right people are named and all of their personal information is as current as possible. Just remember that a life insurance policy is not the only piece of your estate that has a beneficiary:...
Administering an estate? You don’t have to do it alone
If you have been named as executor to the estate of a friend or family member, then you're undoubtedly going through a range of emotions while also dealing with estate administration. This is an understandably difficult time, and it is a good idea to have a lawyer to...
Thinking about common estate planning mistakes
Any number of life events can get individuals thinking about the end of life. Illness, the death of a loved one, marriage, the birth of a child and even the holiday season can be triggers that inspire individuals to begin estate planning. Estate planning is a critical...
Trusts, estates, tax laws – what are we doing here?
We have covered a lot of territory in the last few months. Powers of attorney, trusts, estate planning mistakes and strategies -- all good information, if we do say so ourselves. All of these subjects are good topics for conversations with an estate planning attorney,...