We Want to Draft Your Legacy

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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What Do I Need to Know About Long-Term Care Insurance?

May 6, 2022
Long-term care insurance covers expensive nursing care needs. However, is it a good investment? Here’s what experts say about what you should take into account.
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When are You Required to File a Gift Tax Return?

May 5, 2022
When do you need to file a gift tax return? The IRS wants to know how much you are gifting over the course of your lifetime. This is because while gifts may be based on generosity, they are also a strategy for avoiding taxes, including estate taxes.
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What Estate Planning Documents are Used to Plan for Incapacity?

May 4, 2022
One of the most important estate planning documents for all persons over the age of 18 to consider is a durable power of attorney.
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Special Needs Planning

May 3, 2022
Estate planning should always be customized to each individual creating a plan. This is particularly important when planning for beneficiaries with disabilities.
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How to Get Started on an Estate Plan

May 2, 2022
The Covid-19 pandemic has increased Americans’ awareness of the need to have a will, living trust or other similar end-of-life document prepared.
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What Does Community Property Mean?

April 29, 2022
You may have heard the term “community property.” However, do you know exactly what it means or how it could affect you?
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Is Succession Planning Necessary for Family Business Entities?

April 28, 2022
While 88% of business owners believe their family will control their business in five years, statistics from Family Business Institute show that only 33% of businesses survive to transfer to the next generation, and only 10-15% continue to the third generation.
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Should You have a GRAT?

April 27, 2022
GRATs are one type of irrevocable annuity trust used by estate planning attorneys to reduce taxes. It took a lot of hard work and dedication to acquire your wealth. You want to transfer as much of it as you can to your beneficiaries. As a result, having a large estate means you’ll have to pay quite a bit in gift and estate taxes.
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What Happens to a Pet when Owner Dies? Consider a Pet Trust

April 26, 2022
While it’s never fun or pleasant to think about what will happen to them if the worst should happen to us, it’s very important to consider how we can ensure that they are well cared-for when and if we are no longer able to care for them ourselves.
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Welch Law, PLLC

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Jupiter, FL 33458

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