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We Want to Draft Your Legacy

Should You Update Your Estate Plan?

May 20, 2022
Frequent triggers also include changes in the health of executors and guardians; changes in laws, which may impact tax and legal strategies; and changes in state residence, which can also impact planning.
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Should I have a Pour-Over Will?

May 19, 2022
A pour-over will is a type of will that’s created in conjunction with a trust. It can help facilitate the transfer of assets, if a trust’s grantor (the person establishing the trust) has failed to transfer all intended assets into the trust. A pour-over will can be an important part of a person’s estate planning checklist.
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Can You Inherit a House with a Mortgage?

May 18, 2022
Dealing with the loss of a loved one is never easy. When inheritances, homes, estates and mortgages are involved, tensions can run high within a family. It is easy to get lost in the paperwork and terms.
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Can a Family LLC Reduce Estate Taxes?

May 17, 2022
A family LLC lets a family manage multiple interests, preserve parental control and protect assets from claims of creditors and divorcing spouses, among other benefits.
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Should I Have a Roth IRA?

May 16, 2022
Roth individual retirement accounts allow you to pay income tax on your retirement savings upfront, so you won't be stuck with a tax bill in retirement when you can least afford to pay it.
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How Many Rural Hospitals are Closing?

May 13, 2022
Across the U.S., 892 rural hospitals are either at immediate or high risk of closure.
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How Do I Contest a Will?

May 12, 2022
Being disinherited or left out of a will is the last thing you want to discover in the wake of losing a loved one. Although it can be very hurtful to not be included, the fact that a person is disinherited does not necessarily indicate foul play.
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What Is Federal Estate Tax Exemption, and Does It Matter?

May 11, 2022
The federal estate tax exemption and gift exemption is presently $12.06 million. A married couple can transfer $24.12 million to their children or loved ones free of tax with proper planning. The exemption is tied to inflation, so it will continue to rise.
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Can I Protect My Inheritance from Divorce?

May 10, 2022
Your dad bequeathed you a generous sum of money on his passing. Those gifted and inherited assets, in many instances, will be considered ‘separate property,’ not marital property. That might mean that they might not be subject to division, if you divorce. However, perhaps you want to backstop that hoped for result to make the protection more likely to stick if your marriage doesn’t work out.
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Is Bitcoin Part of an Estate?

May 9, 2022
Have you thought about what will happen to your Bitcoin when you die? For many of us, the thought has at least crossed our mind.
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