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C19 UPDATE: Emergency Estate Planning Decisions to Make Right Now

“Don't panic” has been a common refrain from government leaders, public health professionals, and across social media from well-meaning people trying to keep everyone calm during the coronavirus pandemic.

Posted on: March 17, 2020

What Is So Important About Powers Of Attorney?

A power of attorney names a person who can act on your behalf. This person is called your “agent” or “attorney-in-fact.” Before you create a power of attorney, you should know your options and which ones your home state allows.

Posted on: March 16, 2020

How Bad Can a Do-It-Yourself Estate Plan Be? Very!

One Justice from the Florida Supreme Court commented that the expensive litigation far outweighed any savings resulting from the pre-printed form.

Posted on: March 13, 2020

Will Your Estate Plan Work Now?

Under the new law, not only must all of the tax on IRAs and plans benefits be paid much earlier than it was before, but the rate will likely be much higher too, since that income will be bundled into the recipients’ peak earning years.

Posted on: March 12, 2020

What Do We Know about Early-Onset Dementia?

Some health care facilities in our area say they are seeing more cases of early-onset dementia than ever before.

Posted on: March 11, 2020

The Latest on Kirk Douglas’ Estate

Old Hollywood didn’t pay stars well by modern standards, but Kirk had the wisdom to own his most iconic films and pour the profit into property. Soon philanthropy will force tough choices. The death of any giant produces shockwaves. Where Kirk Douglas is concerned, those ripples reveal how much the entertainment landscape changed in his lifetime and how much the numbers have grown.

Posted on: March 9, 2020

Gray Divorces Changing the Future for Many Senior Americans

Rising divorce rates among Americans over the age of 50 are causing more conflict in estate planning, new data shows.

Posted on: March 5, 2020

An Estate Plan Is Necessary for the Unthinkable

Have you resolved to get your estate planning done at last or perhaps updated? Good for you. Here’s what you’ll need to do, and, just as importantly, what you don’t need to do.

Posted on: March 4, 2020

What Exactly Is the Estate Tax?

The estate tax in the United States is a tax on your right to transfer property to other individuals upon your death, according to the IRS. In other words, when you die, the U.S. government might be entitled to a portion of your assets before the remainder can be passed to your heirs. Not all inherited assets are subject to the estate tax. In fact, the U.S. estate tax only affects the wealthiest households.

Posted on: March 3, 2020