Lauren's Take On The Law

Estate Planning Awareness Week is a great opportunity not only to take steps to make sure your own estate plan is up to date, but also to talk to your family members--especially elderly parents--about creating an estate plan. Estate planning is often a difficult topic to broach, as it brings the unpleasant topics of aging and death to the forefront of our minds. However, creating a proper estate plan can also provide significant peace of mind for your family members by ensuring their life savings are protected, plans are in place in the event they become ill, and their property is passed down according to their wishes. Read this post for a few tips to help you start the conversation.

There are several reasons why you should update your existing trust or perhaps your entire estate plan. While estate planning documents do not necessarily have a shelf life, they may not fulfill your goals when your circumstances change. Of course, having estate planning documents that are up-to-date is critical, but how do you know when you should make changes?

Let us help you make sure that none of these events unfold. We’re here to guide you every step of the way through creating and maintaining a timely, robust, and strategic estate plan. Give us a call today to make sure your plan is current and includes all the necessary provisions to keep a contest from occurring in the future.

Consider these three asset protection tips to ensure creditors won't go after your hard-earned money.

Consider these three liability planning tips for physicians to protect their hard-earned money.

Here's a checklist of documents and items you should bring to your initial consultation with your new estate planning attorney.

Many people think having just a Will is a sufficient estate plan. However, what most people don't realize is that their Will only goes into effect upon that person's death. What if you become incapacitated? Do you have a plan in place? If not, a conservator may need to be appointed to manage your financial affairs during your incapacity.

A new child is a welcome addition to the family. Taking care of this precious child means ensuring your financial and personal affairs are in order in the event of your death or incapacity.

It's wonderful you have an estate plan. Now, it's up to you to ensure that estate plan fits your current financial and personal circumstances.

Tax Day is just around the corner. Don't make these 4 mistakes when filing your taxes.

While putting together an estate plan is important for you and your loved ones, it is equally important for you to understand the role of the trusted individuals who will be carrying out your wishes when you are unable to. When it comes to estate planning, these helpers are key.

If you have recently been diagnosed with a serious medical condition or illness, consider taking these three steps to ensure you and your loved ones are protected.

Under current federal tax law, most estates will not be subject to federal estate taxes or "Death Taxes." However, if your estate is of significant value, you may want to consider portability.

If you don't have any family members or close friends who are able and willing to help you manage your personal and financial affairs, a Private Professional Fiduciary is a great alternative.

Do you know who is listed as your beneficiary(ies) on your beneficiary designated assets? If not, the answer may surprise you and can negatively impact your estate plan.

Historically, Halloween was a celebration of human death. Have you thought about what will happen upon your death?

Don't forget Buddy! Estate planning should include all members of your family, including your beloved pets.

Transmuting property to community property can save beneficiaries in capital gains tax.

Whether or not you need to avoid probate can be a complex question. Speak with an estate planning attorney to decide if one or more probate avoidance techniques is right for you.