Joint Tenancy Problems in Estate Planning
Sometimes people use Joint Tenancy as an easy, simple way to do Estate Planning. However, this can have serious, unexpected drawbacks. Read on to learn more.
Blog
The Impact of Dying Without an Estate Plan
Compliments of the McGee Law Firm, Attorney Brandon McGee Most of us expect that tomorrow will be another day like any other. But, as Euripides said, “no one can confidently say that he will still be living tomorrow.” In fact thousands of people die in the United States every single day. Some of them die … Read more
Alzheimer’s Disease: The Legal and Financial Concerns
For many people, caring for a loved one with Alzheimer’s disease is a way of life. Just the same, if you’ve been diagnosed with this ailment, it’s likely to add stress and uncertainty to your life. There are both legal and financial concerns related to Alzheimer’s disease. This holds true no matter if you’re the … Read more
Beneficiary Designations
Beneficiary designations can be deceptively simple. You simply designate the person to whom you want the assets to go. But their simplicity is sort of like an iceberg. Danger lurks beneath those tranquil waters, both for the client and the attorney. Read on to learn more.
When Harry Met Sally: A Lesson in Preventing Family Discord
Compliments of the McGee Law Firm,Written By: The American Academy of Estate Planning Attorneys The American Declaration of Independence begins “We hold these truths to be self-evident, that all men are created equal . . .” While this may hold true for people and their rights, all Trusts are definitely not created equal. Seemingly small differences in … Read more
There’s More to Estate Planning Than What You See
For many people, estate planning is all about one thing: deciding what will happen to their assets—such as bank accounts and real estate—upon their passing. However, there’s more to estate planning than what you see on the surface. And if you neglect to dig deeper, you could make errors that cost you and/or your family … Read more
Beneficiary Designations and the SECURE Act Basics
Beneficiary designations can be deceptively simple. But their simplicity is sort of like an iceberg. Danger lurks beneath those tranquil waters, both for the client and the attorney. Designations for IRAs and retirement plans can be particularly complicated, especially after the SECURE Act. This article focuses on the basics of the SECURE Act. Read on to learn more.
The Importance of Advanced Directives – The Terri Schiavo Story
Compliments of the McGee Law Firm,Written By: The American Academy of Estate Planning Attorneys Theresa (Terri) Marie Schindler was born on December 3, 1963, to Mary and Robert Schindler. Terri grew up in Pennsylvania, and by all accounts had a normal, happy childhood. After graduating from high school, Terri enrolled in Bucks County Community College … Read more
Estate Planning and Protecting Against a Family Dispute
When creating an estate plan, the last thing you want to think about is the fact that your loved ones may not see eye to eye upon your death. Even if you don’t expect this to happen (most people don’t), there’s always the potential for things to take a turn for the worse. There is … Read more
Tax Planning for 2021
Planning is important for your income taxation during life as well as for any estate tax at death. Even though 2021 is just starting, it’s not too early to think about planning for whatever it may bring your way. Read on to learn more.