estate plan

Do Your Parents have an Estate Plan?

If you find yourself in the "sandwich generation" (someone who is caring for both your children as well as your parents simultaneously), you need to know whether or not your parents have put together an estate plan. While it is still your parent’s choice to make estate planning decisions, having a plan -- no matter how

2018-10-11T10:40:29+00:00 October 11th, 2018|Tags: , , , , |

5 Reasons to Embrace the Emotional Side of Estate Planning

When you hear the phrase “estate plan,” you might first think about paperwork. Or your mind might land on some of the uncomfortable topics that estate planning confronts head-on: end-of-life decisions, incapacity, and your family’s legacy from generation to generation. Those subjects hit home for everyone. But while that could feel like a reason to avoid

How to Build Freedom From Court Interference Into Your Estate Plan

It’s clear why you might want to avoid court involvement in your estate for financial reasons, knowing that probate can quickly get costly and time consuming for those involved. But there is an emotional component to it as well. Your assets are just that: yours. And the idea of them being discussed and deliberated on in

Tax Reform and Estate Planning in 2018

The new tax legislation raises the federal estate tax exemption to $11.2 million for individuals and $22.4 million for couples. The increase means that an exceedingly small number of estates (only about 1,800, nationally) will have to worry about federal estate taxes in 2018, according to estimates from the nonpartisan congressional Joint Committee on Taxation. So,

Why Not Just Go on NoloⓇ and Create Your Own Estate Planning Documents Cheaply?

There are many software programs, as well as websites, that sell do-it-yourself estate planning documents. These websites and form tools seem to offer a convenient and cost-effective alternative to consulting with an estate planning attorney. But do they really meet your needs and protect your family? Is online, do-it-yourself estate planning worth the perceived upfront savings?

2018-05-31T13:17:33+00:00 May 28th, 2018|Tags: , |

3 Things You Must Do Once Your Divorce Is Final

The divorce process can be long and expensive.  However, the work does not end once the divorce decree is signed. In order to ensure that your assets and estate planning wishes are carried out in light of this major life change, there are three things you must do as soon as possible. Change Beneficiary Designation On

2018-05-25T10:56:20+00:00 May 25th, 2018|Tags: , , , , |

Financial Planning. Tax Planning. Legacy Planning. Estate Planning – How many plans do I need?!

Most folks have at least heard of an estate plan. But fewer realize that a simple will is not enough to prepare for your future. In fact, a combination of plans - financial, tax, legacy, and estate - are vital to your financial well-being and protection of your assets and family. All of these plans are

2018-05-31T13:17:15+00:00 May 5th, 2018|Tags: , , , , |

Supporting the National Estate Planning Awareness Week

This week is National Estate Planning Awareness Week In 2008, Congress supported the establishment of the National Estate Planning Awareness Week. What should we be aware of this week? That slightly over half of Americans say they have no estate plan or estate planning documents in place. The National Association of Estate Planners and Councils features