There are many trusts that can be used when you are devising your estate plan, and you probably have not heard of some of them. We use this blog to demystify these legal devices, and in this post, we will look at five somewhat unusual trusts starting with the secret trust. Secret Trust The so-called […]
Estate Planning
How Can You Minimize Estate Tax Exposure?
We are going to look at some assets transfer methods that can potentially save your family a lot of money. But before we share some information about federal estate tax efficiency strategies, we have to explain the tax from an overview. Estate Tax Parameters There is federal estate tax credit or exclusion that allows you […]
Shattering Estate Planning Myths
Many harbor the mistaken belief that estate planning is a privilege reserved for the wealthy or a task designed for the elderly. Such unfounded myths create a cloud of confusion around a topic that is essential to financial and personal security. Let’s illuminate the real world of estate planning by debunking these common misconceptions. It’s […]
How Do You Prevent an Estate Challenge?
You would do well to adopt a broader perspective when you engage in your estate planning efforts. Yes, you have to state your wishes in writing in a will or trust, but that is not the long and short of it. The estate administration process can be complicated and time-consuming even if there are no […]
Deceased Former Zappos CEO Tony Hsieh Had No Estate Plan
Sometimes you can learn lessons from the estate planning mistakes that have been made by other people. As estate planning attorneys, we speak to a lot of surviving family members that tell us stories, but laypeople do not have the same sources of insight. However, when a high profile person passes away, the press will […]
Alzheimer’s Threat Is Very Real
Everyone has heard of Alzheimer’s disease, and we are all aware of the fact that it causes dementia. This being stated, a lot of people do not know just how widespread this disease is, and you should understand the facts so you can prepare accordingly. Unfortunately, the Alzheimer’s threat is very real and below we […]
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