Category: Estate Planning

We Want to Draft Your Legacy

Do College Kids Need Estate Planning?

November 29, 2021
As a legal adult after attaining the age of 18, your child should have in place several legal documents that will allow you to provide support and obtain information, if something unexpected happens to your child.
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Why Is an Estate Plan Important?

November 26, 2021
While no one wants to think about his or her own death, planning for the inevitable is an important part of protecting your assets and those you love.
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Doctors Say Not to Take Low-Dose Aspirin

November 25, 2021
Doctors should no longer routinely start most people who are at high risk of heart disease on a daily regimen of low-dose aspirin, according to new draft guidelines by a U.S. panel of experts.
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How Much can You Inherit and Not Pay Taxes?

November 24, 2021
Unless you spend your winters in Aspen and your summers in the Hamptons, you probably don’t have to worry about paying federal estate taxes on an inheritance. In 2021, the federal estate tax doesn’t kick in unless an estate exceeds $11.7 million.
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Who Pays Mortgage When I Pass Away?

November 23, 2021
One important aspect of estate planning is deciding what will happen to your home after you die. The answer might be fairly cut and dry if the home is fully paid for. If it’s not, though, you’ll need to consider the financial ramifications for your estate and for the person who inherits the home.
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How Do You File Taxes If Your Spouse Dies?

November 23, 2021
About 1.5 million Americans become widows and widowers in a normal year, but the pandemic has boosted that significantly. The National Center for Family and Marriage Research at Bowling Green State University estimates that about 380,000 of more than 700,000 people in the U.S. who have died from Covid were married.
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How Does Power of Attorney Work?

November 19, 2021
For many families with elderly people or engaged in estate planning, power of attorney is essential, especially if the elderly person’s mental abilities are compromised. Having someone who can take care of legal and financial matters can make this part of life far easier. However, power of attorney is a sweeping grant of authority.
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What a Will Won’t Accomplish

November 18, 2021
That last will and testament you have tucked away? It may not be the last word on what happens to your stuff after you are gone. Instead, that legal document’s directives for doling out your wealth may be overruled by other paperwork and relevant laws.
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What Do I Do with Estate Plan after Divorce?

November 18, 2021
Major changes in your life—such as marriage, having a baby, moving out of state, or divorce—should prompt a revisit to your current will. It is important to revise your will at these times, in order to ensure that your estate planning is up to date.
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What Should I Eat to Help Me Sleep?

November 16, 2021
Nutritionists share which bedtime snacks can help you catch the most winks.
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