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:

Why Is It Important to have an Estate Plan?

The new Federal Estate tax limit (above which Federal estate taxes will be payable) is $11,200,000.00 per person. Yes, most of us will not hit that limit, but 19 of the 50 states, Illinois included, impose an estate tax of their own ranging from .25% to almost 20% of your estate.

Posted on: September 27, 2022

Did Actress Anne Heche have a Will?

The oldest son of Anne Heche has filed a petition to assume control of the late actress’s estate.

Posted on: September 26, 2022

Why Is a Will So Important?

The thought of preparing your own will might feel a little daunting, bringing an onslaught of emotions like fear or sadness.

Posted on: September 23, 2022

Can Unequal Inheritances Be Fair?

The important thing to acknowledge is that the emotions behind the reasons are not trivial, but are important and should not be dismissed or minimized.

Posted on: September 22, 2022

How Can I Minimize My Probate Estate?

Estate planning is not just for the wealthy. Anyone with a bank account, house, car or other personal property should have a will.

Posted on: September 22, 2022

Why You Need an Estate Plan

Do you know what will happen to your property, belongings and debt when you die? What about your children? If you haven't created an estate plan, now's the time to start. Here's how.

Posted on: September 20, 2022

What Does a Living Will Do for Me?

A living will is a legal document expressing your wishes on receiving or declining medical care or life-sustaining treatments should you become terminally ill or injured and unable to communicate those decisions for yourself.

Posted on: September 19, 2022

Why Does Everyone Need an Estate Plan?

Accidents happen. Illnesses can strike anyone unexpectedly. So, take a moment to get a few basic estate planning tasks out of the way. You—and the people you love—will be glad you did.

Posted on: September 16, 2022

Another Reason Why You Need an Estate Planning Attorney

Property law can be complex and arcane, even for lawyers and judges. The rule against perpetuities is an example of how older property laws can influence how families transfer and inherit property rights.

Posted on: September 15, 2022

How Does a Business Owner Create an Exit Strategy?

You spend a lifetime building your business, so it’s crucial to have a game plan when it’s time to leave. Being prepared will help optimize the transition from a financial and tax perspective.

Posted on: September 14, 2022