Legacy Design Strategies
Omaha, NE, Minot, ND and Iowa Fall, IA Estate Planning and Elder Law Firm

Estate Planning and Elder Law Blog

Sort by Category:

Can You Plan for Probate?

The probate process can be expensive for some estates. Settling an estate through probate can cost you both time and money.

Posted on: December 8, 2022

Is Guardianship a Good Idea?

A guardianship is a court-ordered relationship that is created to protect a person who is incapable of handling their estate or personal affairs. Guardianship law varies by state.

Posted on: December 7, 2022

What Is Wife of Chrysler Building Billionaire Owner Entitled to Under Prenup?

The estranged wife of the billionaire owner of New York’s Chrysler Building is entitled to more than 37 million pounds ($43 million) under the terms of prenuptial agreements, a judge in London said Monday.

Posted on: December 6, 2022

How to Transfer Business to the Next Generation

Failing to properly plan for disability, death, or the ultimate transition of a family business can lead to disastrous financial consequences for both the business and the family.

Posted on: December 5, 2022

Should I Need a Trust in My Estate Plan?

A trust can be a vital component in an estate plan.

Posted on: December 2, 2022

Can a 529 Plan Help with Estate Planning?

You can set up a 529 savings plan account for any beneficiary. You can also set up accounts for as many beneficiaries as you want.

Posted on: December 1, 2022

Planning for Crypto and NFT Assets in Estate Plan

To the Web3 user, forever losing digital assets to inaccessible wallets is a nightmare scenario that rivals losing everything to rug pulls and other scams. However, while losing crypto and NFTs due to poor estate planning is hardly any different, it’s less likely to be on people’s minds.

Posted on: November 30, 2022

Top Five Estate Planning Mistakes

Overlooking an important step or making a blunder can derail all your careful planning, leaving your heirs and beneficiaries with a headache-inducing challenge.

Posted on: November 29, 2022

What Is Asset Protection Planning?

Asset protection planning is the process of building barriers around your assets, whether those assets are personal or business, to keep them safe from litigation, creditor claims, seizure and burdensome taxes.

Posted on: November 28, 2022

Could Your Estate Plan Be a Disaster?

We’re all looking to save taxes, court costs, legal fees and ‘make it simple’ for our heirs. A last will and testament is the cornerstone of all estate planning, maybe with a trust.

Posted on: November 25, 2022