Billionaire’s Daughter’s Will Contest Settles for Millions
The judge believes the resolution is in the teen’s best interests. Kira told the judge that she did not object to the settlement but...
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Kimberly Hegwood
Apr 20, 20161 min read
New York Tries to Simplify Power of Attorney Form
That group has proposed legislative changes to the current law in order to simplify the forms and add penalties for financial...
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Kimberly Hegwood
Apr 19, 20162 min read
Wisconsin Legislature Tackles Digital Assets
“I don’t know what will happen to the things I have in the Cloud or Facebook when I die,” said Paul Savides from Eau Claire. He believes...
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Kimberly Hegwood
Apr 18, 20162 min read
Estate Planning Needs to Happen After a Divorce
What should you change? Forbes says, in two words, almost everything. In “5 Things You Need To Do After Getting A Divorce,” Forbes says...
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Kimberly Hegwood
Apr 15, 20162 min read
Turning the Big 5-0? Start Planning Now!
Here are six tax planning considerations of interest to those over age 50 from Next Avenue’s recent post, “2016 Tax Planning Ideas for...
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Kimberly Hegwood
Apr 14, 20162 min read
Trust a Trust Attorney with Your Trust
Tax: When you fund an irrevocable trust, know that your tax situation can change immediately. Based upon your state of origin, you may be...
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Kimberly Hegwood
Apr 13, 20162 min read
Florida Leads with Elder Abuse Guardianship Legislation
According to the Palm Beach (FL) Post article “Florida guardianship reform passes; seniors protest at courthouse,” the Legislature’s...
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Kimberly Hegwood
Apr 12, 20162 min read
Answer These Legacy Questions
An updated will. A properly drafted will can play a crucial part in minimizing your estate’s exposure to taxes. If you should die without...
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Kimberly Hegwood
Apr 11, 20162 min read
Reviewing the Roth Recharacterization
Why recharacterize? The top reason people do this is because the account has declined in value. A recharacterization cancels out the...
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Kimberly Hegwood
Apr 8, 20161 min read
Iowa Ready to Pass Bill on Digital Assets in Estate
The article, “Dead Iowans’ digital assets focus of Senate bill,” explains that current state law doesn’t adequately address what happens...
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Kimberly Hegwood
Apr 7, 20162 min read
First Time Parents Need to Celebrate by Naming a Guardian
What a thrill to celebrate the birth of a new baby, and if it’s the first baby, there are many “first time” experiences to be enjoyed. In...
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Kimberly Hegwood
Apr 6, 20161 min read
What Can We Learn from Millennials about Wealth Planning?
Baby Boomers need to adjust how they think, especially about the thought of slacker Millennials living with their parents, depleting the...
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Kimberly Hegwood
Apr 5, 20162 min read
Construction Giant’s Numerous Will Changes Cause Chaos with Children
But a Tennessee county judge disagreed with them and dismissed the adopted children’s lawsuit, saying they didn’t have standing to...
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Kimberly Hegwood
Apr 4, 20162 min read
Help Your Kids to Understand Your Estate Planning Strategy
If you have investment property, remember that it’s not easy to divide a building. Your heirs might not agree about how the property...
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Kimberly Hegwood
Apr 1, 20162 min read
Avoid Probate with These Tactics
NASDAQ.com’s recent article, “5 Smart Estate-Planning Steps to Avoid Probate,” explains that when you pass away, your possessions and...
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Kimberly Hegwood
Mar 31, 20161 min read
How’d that Valentine Gift Work for Ya This Year?
The article “Plan ahead to reduce stress on loved ones” provides a list of things to consider that would prove important when they will...
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Kimberly Hegwood
Mar 30, 20162 min read
Who Gets My Stuff if I Die Without a Will?
Legally, these items are referred to as “tangible personal property,” but it could be dad’s stuff. What happens to this stuff after...
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Kimberly Hegwood
Mar 29, 20161 min read
New Will Shows Media Tycoon’s Ex to Lose Out on Millions
The article, “Sumner Redstone’s ex-girlfriend stands to lose $70M after new will,” says that a new court document explained that Herzer...
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Kimberly Hegwood
Mar 28, 20162 min read
Advice for Grandparents Helping out with Grandkids’ College Costs
529 Accounts. These are a very popular college savings vehicle. The combination of tax benefits and flexibility makes them a good choice...
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Kimberly Hegwood
Mar 25, 20161 min read
Don’t be Overly Ambitious in the New Year!
Here are three simple steps you can take to reduce your stress and improve your financial well-being for the rest of 2016: Talk to your...
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