Why Do You Need A Legal Power Of Attorney? Here are the Top Five Ways a comprehensive legal power of attorney is the best option. 1. You can choose who will make your decisions, not the court. When you have a signed power of attorney, and you become incapacitated and are unable to make decisions,…
If you have a living trust, one of your most important steps in making sure your plan works correctly when it is needed is to have all of your assets properly funded into your trust. And I Mean Everything. Some of your financial assets need to be owned by your trust and others need to…
Why Do You Need A Protector In A Trust Have you heard the term “trust protector”? Perhaps you have never heard this or maybe you are researching this because someone suggested it to you. Either way, here is an explanation of what a trust protector is, and what its advantages and disadvantages are. If you…
According to a Pew study of American families, children living in two-parent homes are more likely than not to grow up in a house where both parents work. Recent figures show more than half of these parents are both working full time. Combine this with kids’ activities and parents’ activities and there is little time…
One Of The Greatest Things You Can Do For The People You Love Is To Get Your Trust & Estate Plan Correctly Done. Besides making the grieving process more about grieving and not about courts and probate, getting your plan done correctly can help you to have some influence on your family members’ decisions, even…
From one year to the next, what happens to the estate tax threshold, which is set today at $5.49 million per person, is anybody’s guess. And under the new president Trump, all bets are off as to the decisions and changes possible under his nontraditional presidency. Trump has explained that he wants to eliminate the…
Moving trust from one state to another? Do you need it? The short (and correct) answer, is maybe. Only a qualified estate planning attorney in your new state can tell you for sure. Why? Tax Laws May Be Different Some states have different death taxes and if your old state didn’t deal with the new…
Estate Tax Repeal In Arizona – Is It Possible? The small percent of people in this country whose assets would be subject to the US estate tax have been waiting for a Republican president for eight years who could finally repeal this tax. While getting this accomplished is still a difficult task with any president,…
Blended Families–Beginning a new family brings many exciting firsts and even a few scary ones. There is even more to consider when the new arrival is blended with a blend of existing children. When children come together from both parents starting a new life together, challenges can emerge that should be addressed. You may remember…
Funeral Pre-Planning Can Be Tricky But It Can Also Be A Wiser Choice Rather Than Waiting Imagine there was only one food store in town. The only time you were allowed to shop there is two days after you ate your last bit of food. Think the store owner could sell you anything he wanted…