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:

Does My Estate Plan Need an Audit?

Estate planning is the process of transferring the management of your assets, if and when you are unable to manage them yourself due to disability or death. Whether you have $100 or $100 million you should have an estate plan.

Posted on: October 23, 2020

What’s Involved in the Probate Process?

The probate process refers to court proceedings that you have to go through when a loved one passes on, and they have left an asset in their name.

Posted on: October 13, 2020

Will a ‘Will’ Really Pay Off?

A will itself is a legal document that describes the process of splitting up one’s personal property and possessions among family and loved ones.

Posted on: October 7, 2020

How Important Is Estate Planning in the Pandemic?

Planning for unfortunate events is particularly critical in the era of Covid-19.

Posted on: October 5, 2020

What Do I Need to Do When my Spouse Dies?

The passing of a spouse is a devastating time in a person’s life and one that throws their world into turmoil. While in the midst of grieving, they’re confronted with a multitude of responsibilities requiring their attention — not only the immediate tasks of preparing for memorial services and notifying family and friends, but also beginning to tackle the requisite legal notifications and financial changes.

Posted on: October 2, 2020

How 401(K) Beneficiaries Work with Your Estate Plan

To ensure your estate is settled in the way you want, it's wise to do a bit of extra planning to keep your documents up to date.

Posted on: September 28, 2020

What are Power of Attorney Options?

As part of your estate planning, don’t forget to consider a power of attorney.

Posted on: September 24, 2020

Estate Planning Needs for Every Stage

Although there is often a progression of complexity in estate planning, this progression generally follows stages in life rather than specific ages.

Posted on: September 23, 2020

Can I Bequeath My Home to My Children without Taxes?

You would like to pass a house tax-free to your heirs. After all, you want to give them a gift, not the burden of taxes. How do you do that?

Posted on: September 15, 2020

State Laws Have an Impact on Your Estate

I am a resident of Florida. I would like to leave my condo in Florida to my friend’s daughter, who I consider my stepdaughter, after my death. She is a resident of New Jersey and they would use the condo as a vacation home. Will she be considered my daughter for tax purposes, and which state’s tax laws will count?

Posted on: September 14, 2020