Estate Plan Review - Your Legacy Legal Care

How Often Do You Need to Update Your Estate Planning?

It may be time to contact your estate planning attorney if it has been a while since you updated (or reviewed) your estate plan. Experts recommend updating your estate plan every three to five years—whether changing beneficiary designations or updating estate…

5 Estate Planning Myths

There are many misconceptions about estate planning and implementing any of them into your estate plan can result in costly mistakes. Understanding who needs an estate plan and what it should cover is key to creating a plan that is…

Recalibrating Your Estate Plans After a Move

Each year, more than four million Americans move to a new state. Amidst the chaos of moving boxes and mail forwarding, it is easy for small details to get lost in the shuffle. Every state has its own rules and…

Saints Owner Will Call Another Play in Fight Over Trusts

The National Football League said “no” to New Orleans Saints owner Tom Benson's original proposal to remove team ownership from his estranged family's trust funds. This means he’ll have to try again with new financial terms. The NFL won't let…

Life Insurance for a Professional Racecar Driver? You Bet!

Since she was in her early 20s, Danica Patrick has driven a racecar—speeding 200 miles per hour around an oval track bordered by concrete walls. It’s dangerous. Patrick said, “So no matter what your skillset is, those things just happen.…

Complete a Complete Estate Plan

When it comes to planning, the focus is typically on making you better prepared for the future. That means limiting taxes, creating wiser investment strategies, knowing when it’s best to claim Social Security and developing sustainable retirement income plans. All…

A Few Words of Advice for Getting Married in Your Golden Years

If you're in your senior years, you may want to think twice before tying the knot. The love bug can bite at any age, and that can include pain in your wallet. This advice comes from The Hartford (CT) Courant…

How Not to Do It: Spending the Inheritance on Royal Souvenirs and Strippers

For the Scripps family, who were heirs to a media fortune, they simply spent their millions. According to an article on CNBC.com, “The Greed Report: Not a billionaire? You still need an estate plan,” they took luxury cruises around the…

Want Estate Planning? No, You Need It!

Estate planning is a need, but too often it gets moved down to the list for tomorrow. There are many reasons people put off estate planning, like discussing death and dying. The (Memphis TN) Daily News recently published an article,…

Celebrity Estate Planning Leaves a Lot to Be Desired

One would think that big stars like Prince would have a team of high-powered advisors, compared to the average Joe and Jane. But that isn’t so, says CNBC in the recent article “Don't make these celebrities' estate-planning blunders.” Celebrities make…