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This is an important document to have, so discuss its ramifications with an estate planning attorney and ask about other estate planning documents such as wills, durable powers of attorney for finances,

is a poignant reminder that there are laws dictating what will happen if you fail to make an estate plan It is a stark look at the current intestacy system, and a reminder that without an estate plan in place After someone has died without an estate plan in place we can’t guess what they would have done in an alternate universe where they executed an estate plan. If you are ready to make sure your estate planning wishes are respected, we are here to help.

Especially in this case, estate planning for your charitable bequests through an IRA needs to be done by an experienced estate planning attorney.

The $500 million estate transferred ownership of the properties the elder Spitzer acquired, according to property records recently filed with the city. Spitzer, now an active developer, put a sizable stake of 1050 Fifth Avenue—a 20-story, 90-unit rental building his father developed in 1960—into the Bernard and Anne Spitzer Charitable Trust, along with shares of 30 co-op units. The trust has been a big patron of organizations such as the Public Theater and City College. Bernard Spitzer stipulated in his will that about $250 million of his wealth should be left to charity. Spitzer also transferred interests in properties—including the $88 million Hudson Yards development site that Spitzer Engineering bought in 2013—to his siblings and himself. He also put another development bought for $165 million in February by the family business into a charitable trust set up for his mother. Spitzer Engineering has been selling some of the company’s top properties, such as the Crown Building, which went for a record-setting $1.78 billion in April. Reference: The Real Deal (December 18, 2015) “Eliot Spitzer has started splitting up late father’s empire” #EstateTax #TrustsandEstates #HoustonEstatePlanning #HoustonWills #FamilyTrust #CharitableTrust

they’re doing really helps because they can tailor a strategy that fits with your overall financial plan It is best to work with an estate planning attorney in your state because state tax laws vary considerably Catch Up On Contributions: If you haven’t maxed out contributions to your 401(k) or 403(b) retirement plan some of your pretax salary for certain expenses, and 529 plan contributions. An estate planning attorney can help you with the details.

percent of children expect to receive something from their parents, only 40 percent of parents have such plans Contact the Texas Estate Planning Attorneys at Your Legacy Legal Care By working with a knowledgeable and experienced Texas estate planning attorney, you can better understand the estate planning process and develop a plan to ensure that your wishes for the future will be carried out. Legal Care, we understand the emotions, confusion, and frustration that can come from not having a plan

Situations where formal estate planning would have provided some certainty and protection from pain, Making A New Plan We figure out what sort of care you will realistically need in the coming years, how It is the same sort of analysis we do when anyone comes into our office for estate planning advice, but Contact us today to schedule a meeting with our experienced team of estate planning attorneys.

Indiana Lawyer recently published “Do-it-yourself dangers” that explains how do-it-yourself estate planning He had wanted his estate to be shared equally among his children, but because the DIY estate plan wasn There are also document-recording peculiarities in each state that estate planning attorneys know and Many people may start with simple estate planning documents online but then see that they need to purchase meet your goals and provide the peace of mind that comes from not worrying about whether the estate plan

When you have created your plan, save aggressively, in your retirement accounts and elsewhere, and invest As morbid as it sounds, it’s critical to plan now so as not to leave your loved ones in the lurch. Talk to an experienced estate planning attorney and have your will drawn up.

Overall, having an estate planning attorney to guide you helps the probate process go as smoothly and

Among parents who had created a will, 61% of those with stepchildren and biological children planned An estate planning attorney can provide valuable guidance.

Eddie planned on scheduling an assessment for his aunt in Houston, as his aunt wanted to prove that there At Your Legacy Legal Care, we meet with many caregivers to discuss long-term care planning for their