Tag: Christian estate planning attorney

We Want to Draft Your Legacy

What Common Mistakes are Made with Living Trusts?

July 12, 2022
Of course, just because you have a living trust doesn't mean you're all set. Here are a few of the most common mistakes people make with their living trusts.
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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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What are the New IRA Distribution Rules?

April 21, 2022
The Internal Revenue Service (IRS) recently issued much anticipated proposed regulations that clarify and revise some of the required minimum distribution (RMD) rules for qualified plans (i.e., 401ks, 403bs, etc.) and individual retirement accounts (IRAs).
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Can a Vacation Home Be Kept in the Family for Generations?

April 20, 2022
These vacation homes may also comprise a significant portion of the family’s wealth. Therefore, it’s understandable that homeowners want to pass their properties and family traditions to future generations.
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How Does a Trust Fund Work?

April 19, 2022
Trust funds are an important estate planning tool. They can protect your assets while you’re alive and help ensure that you leave money to your children or other loved ones after you die.
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How Do You Get a Power of Attorney?

April 15, 2022
To get power of attorney (POA), the person granting you that power must name you as the agent to have the powers specified in the POA document. It must be signed by the giver while s/he is sound of mind.
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Is Estate Planning Affected by Property in Two States?

April 13, 2022
When it comes to owning property in two different states, you may wonder how to manage these in your estate plans.
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No Will? What Happens Now Can Be a Horror Show

April 12, 2022
It's hard for a family to recuperate when the patriarchs and matriarchs have gone to glory, leaving a battle for who will carry the family's leadership role and manage the family's transition of wealth.
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What are the Current Gift Tax Limits?

April 11, 2022
In 2017, Congress doubled the exemption starting in 2018, and the amount will continue to rise with inflation through 2025. This expansion helped reduce the number of taxable estates to about 1,300 for returns filed in 2020 from about 5,200 in 2017, according to the latest IRS data.
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Why Shouldn’t I Wait to Draft my Will?

April 6, 2022
It’s an important task that is easy to procrastinate. However, here is why you shouldn’t:
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