Posts tagged with: "estate+planning"
Results 21 - 40 of 40,381
Sort by Relevance | Sort by Date
RSS Subscribe: 20 results | 100 results
17 Apr 2014, 4:00 pm by Gerry W. Beyer
Karen E. Boxx (University of Washington School of Law) recently published an article entitled, Teaching Shakespeare in the Classroom: How an Annual Student Production of King Lear Adds Dimension to Teaching Trusts and Estates, St. Louis University Law Journal, Vol.... [read post]
17 Apr 2014, 2:00 pm by Gerry W. Beyer
The American Bar Association is sponsoring the National Aging and Law Conference 2014 on Thursday-Friday, October 16-17, 2014. Provided below is a description of the program: The 2014 National Aging and Law Conference (NALC) will bring together substantive law, policy,... [read post]
17 Apr 2014, 1:02 pm by mjsoss
“I don’t believe in inheriting money,” CNN host recently told Howard Stern on Stern’s radio show, a son of designer and heiress Gloria Vanderbilt: “I think it’s an initiative sucker. I think it’s a curse.” Cooper acknowledges that it’s easy for him to say so, given his multimillion-dollar TV salary. But his attitude toward inheritances is not unique. Only 46% of boomers believe it’s important to leave an inheritance to loved ones,… [read post]
17 Apr 2014, 11:13 am by Guest Contributor
By Jackie Ann Patterson Even if you don’t feel like dying anytime soon, you probably know you ought to do basic estate planning such as creating a will. What’s holding you back? Look out because here comes some excuse-busting! A Will Doesn’t Have to Cost Your First-Born Child It’s not expensive to create a Will online. In fact, a general-purpose Will for estates under $5 million is included in your Rocket Lawyer subscription. If you have more assets than that, Rocket… [read post]
17 Apr 2014, 10:00 am by Gerry W. Beyer
The ABA Section of Real Property, Trust & Estate Law is presenting a CLE on Real Property Trust and Estate Spring Symposia, on May 1-2, 2014. Provided below is a description of this event: This year's RPTE Spring Symposia offers... [read post]
17 Apr 2014, 9:07 am by Randy Coleman
There is always a media swarm around the death of a celebrity, especially when they’re young, active in their careers, beloved, and tragic. The death of actor Philip Seymour Hoffman in early February is no exception. Hoffman was an incredibly talented actor who appeared to be in the prime of his career. But that career was cut short by a history of depression and substance abuse. His long-time partner found him dead in their Manhattan apartment after Hoffman apparently overdosed on… [read post]
17 Apr 2014, 8:32 am by Lindsay M. Schoeneberger
In previous posts, we have discussed various estate planning documents and how they differ, but many times there is confusion as to what takes effect and when. Or, you may wonder why you can’t just appoint an agent (power of attorney) in your Will.  I have provided a simple review of each document, its purpose, and when it takes effect in hope that I can quickly dispel the confusion. Generally, when clients meet with me for estate planning, three documents are prepared and executed: the… [read post]
17 Apr 2014, 8:00 am by Gerry W. Beyer
CNN host Anderson Cooper, does not believe in inheriting money because “I think it’s an initiative sucker. I think it’s a curse.” Despite his wealth, his feelings towards inheritances are not unique. According to the Insured Retirement Institute, less than... [read post]
17 Apr 2014, 7:00 am by Victor Medina
Sure, you can create a will without a lawyer. There are even a number of downloadable documents online, and software programs available from your nearest electronics store, to help you do it. However, a recent article in the ABA Journal showcases why the do it yourself approach is not such a good idea. The article discusses the case of Ann Aldrich, a Florida woman who used a downloadable form to make a will in 2004. Her will left her assets to her sister. The will also said that if Ann’s… [read post]
17 Apr 2014, 6:30 am by Kyle Krull
Objects of inheritance seem to be imbued with a special power. This is oftentimes the case, whether the family is aware of it yet or not. As one sitting down to put your intentions to paper, or even as the inheritor, it is a power worth pondering. When it comes to their tangible personal property (i.e., heirlooms), estate planning parents commonly fail to make considered and thoughtful plans for their distribution. Nevertheless, more often than not, it is the family that sees the peculiar power of… [read post]
17 Apr 2014, 6:15 am by Nick Rosenbauer
When you use a will to state your wishes regarding the transfer of your property, the heirs don’t receive their inheritances until the estate has been probated. A revocable living trust is a type of trust that is largely utilized to facilitate the transfer of assets to the beneficiaries without a probate proceeding. Probate is a legal process that takes place under the supervision of a court. The will must be admitted to probate by the executor or personal representative. The executor is the… [read post]
17 Apr 2014, 4:00 am by Larry Parman, Attorney at Law
Do you know the dangers of not having a solid estate plan in place for your family? Join us as Parman & Easterday attorney Blaine Peterson explains the 7 major dangers of poor estate planning and what you can do to avoid the pitfalls. To Learn More, Claim Your FREE Report (a $19.95 Value) entitled, “15 Important Reasons to Do Estate Planning.” Just click on the Reports Tab, and choose “15 Important Reasons to Do Estate Planning.” [read post]
16 Apr 2014, 4:00 pm by Gerry W. Beyer
Common mistakes made on an estate plan can be costly. Some errors can compromise what your heirs inherit when you die, and other mistakes may leave you vulnerable if you become incapacitated. To ensure your estate does not fall victim... [read post]
16 Apr 2014, 3:26 pm by Jules M. Haas
Estate Planning attorneys are aware that it is important for a person to prepare a Last Will, Living Will, Health Care Proxy and other appropriate papers regarding advance directives and financial planning.  The New York Probate Lawyer Blog has had many posts regarding these matters.  Among the essentials to develop a good plan, a person should spend time reviewing with his advisors the assets that are owned, the identity of the relatives or other persons that are to receive a beneficial… [read post]
A lot of people think that an estate tax and an inheritance tax are one and the same, but in fact they are two different things and we would like to clear up the distinctions here. The estate tax is levied on the entirety of the estate before it is passed along to the heirs. It should be noted that there is a federal estate tax which is applicable in all 50 states. At the present time the maximum rate of the tax is 35% and the exemption amount is $5.12 million. But in addition to this some states… [read post]
16 Apr 2014, 11:00 am by Marsha Tesar
 [Pacemakers] prolong lives, but “all those people will face decisions down the road,” Dr. Mueller said. “’Do I keep it going? Do I turn it off?’” Physicians have similar questions, including what kinds of patients confront these choices and who usually winds up making these decisions. Do you or a loved one live with a pacemaker or implanted defibrillator? These devices keep the clock ticking, so to speak. But when you are making end-of-life plans, when is… [read post]
16 Apr 2014, 9:00 am by Rania Combs
I got a heartbreaking call this week from a woman whose fiancé had recently died. They had been a couple for many years, and were the parents of an infant son, but they had never gotten around to getting married. Her fiancé had a well-paying job with benefits, and was the sole income earner in the family.  However, he didn’t have a Will. Although he had an insurance policy, retirement account, and savings account, the insurance was purchased and accounts opened years before… [read post]
16 Apr 2014, 8:39 am by Idaho Estate Planning
Estate planning is going to hurt, at least a little bit—right? The notion of planning for one's death is not exactly a walk in the park. But CNN says that is doesn't have to hurt. In a recent online CNN Money article, “10 steps to painless estate planning,” they highlight 10 ways to ease the estate planning pain. The article recommends taking an inventory and picking your team.If you think about it that way, you have several roster spots you need to fill: beneficiaries, guardians,… [read post]
16 Apr 2014, 7:00 am by Noreen Murphy
When people learn that I am an estate planning and elder law attorney, some of them ask what I think about “do it yourself” wills, trusts, and other estate planning forms that can be found online. Of course, when I tell them that it is advisable to hire an attorney, it sounds rather self-serving. Last Will And Testament (Photo credit: Ken_Mayer) A recent article in the ABA Journal speaks to my concerns about the potential pitfalls and unwanted consequences of using downloadable forms. It… [read post]
16 Apr 2014, 6:30 am by Paul A. Kraft, Estate Planning Attorney
A power of attorney is a legal document that is utilized by a principal or grantor to name an agent or attorney-in-fact.  The grantor empowers the agent to act as his or her proxy. When you are planning your estate you leave behind instructions about what should happen after you die.  At the same time, you should prepare for the period of time that will precede your death.  Many people become incapacitated before they pass away. In the field of estate planning powers of attorney are… [read post]