Want a nude funeral? It’s a question you may not have thought about prior to this. In this article, we share our thoughts on nude funerals and what you should know if you’re interested in doing this. Some of us have very specific ideas about events in our lives. We want our wedding just so. … Read more
Whenever a client’s Estate Plan deviates from the expected disposition, it raises questions for the slighted beneficiaries. These questions usually revolve around methods to have the plan overturned. Most states give clients tools to protect their carefully crafted plans, even after their death.
You did the responsible, prudent thing to do: you consulted with an estate planning attorney and did an estate plan. You have a health care power of attorney, a financial power of attorney, a pourover will, and a revocable living trust. You even funded your assets into the trust so that they would avoid probate. But, … Read more
Learn how power of attorney documents can help you be prepared. The specter of disaster haunts each of us, in the back of our minds. Some disasters are more likely to occur in some places than others. Whether it is hurricanes on the Atlantic and Gulf coasts, earthquakes on the west coast, tornadoes in the … Read more
Whenever a client’s Estate Plan deviates from the expected disposition, it raises questions. Most of the time, clients have consulted with a competent attorney regarding their reasons for structuring the plan the way that they have. Sometimes, other factors are at play and the plan doesn’t represent the testator’s true wishes, but rather, another individual’s testamentary desire. That’s undue influence and there are ways to guard against it.
Insurance is at the bedrock of estate plannings. First, it reduces the risk of your estate getting wiped out by unforeseen events. Second, it has unique characteristics that allow for sophisticated planning. Estate planning is all about making sure things are taken care of. Insurance is part of that process. Here are various different kinds … Read more
“In this world, nothing is certain but death and taxes.” Benjamin Franklin. While taxes may be a certainty, you can minimize your obligation with a little planning. The time to plan is before you sit down to file your taxes on April 15th. Minimizing your taxes is a yearlong process, with particularly important decisions to make as the end … Read more
The Internal Revenue Code grants spouses several tax benefits both during life and at death. Portability represents one of those benefits. Portability allows the surviving spouse to use the unused portion of the Applicable Exclusion Amount from their predeceased spouse. In Revenue Procedure 2022-32, the Internal Revenue Service extended the time during which a surviving spouse may elect portability without a Private Letter Ruling from two years to five years.
When someone close to us dies, it is a time of grief, confusion, and change. As we struggle through our grief, we go through the haze of the funeral and burial. Then, it is tempting to just bury our heads in the sands of grief. However, things must be done to handle the deceased’s affairs … Read more
Someone close to you has little time left in this world. What can you do? You want to do everything you can for them. You watch helplessly as they fight what you both know is a losing battle. The doctors have already written the final chapter in the story. There are planning strategies that can … Read more