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When you have a child with disabilities, planning for the future can be complicated. If you make careful estate planning choices now, you can prepare for your child’s future care and financial Some of the best options for future planning involve trusts. plan. Your Legacy Legal Care offers comprehensive estate planning services to ensure your loved ones are protected

With that, his two girlfriends were set as the principal beneficiaries of his personal estate. If Shari tried to interfere with that plan, Redstone planned on giving the family cemetery plots to the

Getting clarification on these laws will help bring serious peace of mind, even if you do not plan to If you move south but still plan to list a friend based in New York as your executor, Florida probate Adding a new property to your estate plans helps keep it out of probate at the time of your death. Not sure how to begin adjusting your estate plans after a move? A meeting with a trusted estate planning attorney at Your Legacy Legal Care can clarify your options.

Despite these reports, Ali is thought to have created a will—and perhaps other estate planning documents—with The date that his estate planning documents were finalized will be critical: the nearer to his date of Most wills prepared by experienced estate planning attorneys have a clause that disinherits any unnamed planning documents are in place. Hopefully, we’ll know soon that Muhammad’s legacy and heirs are protected with good estate planning.

We have all seen the ads online for free or inexpensive estate planning. An experienced estate planning attorney does not just draft documents. An experienced estate planning and elder law attorney can also advise you on your estate disposition’ If you are beginning the estate planning process or are needing to update your plans, Your Legacy Legal Care offers comprehensive estate planning services to give you peace of mind.

Earlier in the year, Senator Bernie Sanders proposed new legislation that could make waves in the estate planning world. The “For the 99.5 Percent Act” was introduced, increasing the odds of sweeping federal estate and gift This may potentially subject assets owned by the grantor to the estate tax. If you have been considering a grantor trust for your estate, now is the time to put your plans into

planning. Here are some of the minimum estate planning issues you should address once you have kids. While a court will consider the guardian that you name in estate planning documents, they can overrule If you are beginning the estate planning process or updating your plans to account for new children or even grandchildren, Your Legacy Legal Care offers comprehensive estate planning services.

Estate planning does not have to be a long, complicated process. Everyone will need to do this at some point during the estate planning process and the sooner you get this completed, the sooner your estate plan will be finalized. accounts Stocks and bonds Life insurance and Annuity policies Deeds for properties you own Retirement plans The result is a more streamlined process and a stronger sense of control over the planning of your estate

Despite this change, the plans – if enacted – could have major implications for estate planning. These changes must be factored into your estate plans to avoid any unpleasant surprises. Planning Implications Estate planning always hinges on your specific assets and goals, but there are If you are planning on making any gifts, it is a good idea to consult with an estate planning attorney At this point, it is premature to plan for the elimination of step up in basis or an increased capital

More than half of Americans over the age of 55 do not have an estate plan in place. So, what are the most common bad excuses for failing to make an estate plan? Add the person you want to inherit your assets as a joint owner. As we have discussed above, estate planning is not just about a will. Estate planning can also provide for minor children, plan for your future medical decisions, and determine

It is no surprise that estate planning is often an avoided part of financial planning. You may think estate planning is for people who have more assets than you, but as these five points Legacy planning is a common part of the estate planning process and can help shape the way you’re remembered regarding estate plans is family conflict. to talk to an attorney who specializes in estate planning.

Americans are reconsidering their estate planning strategies following Joe Biden’s presidential election Biden made his desire to raise estate and capital gains taxes well known on the campaign trail, leaving No matter what your plans are, keep these considerations in mind ahead of inauguration day: Gift and Estate Taxes This year, the gift and estate tax exemption amount remains at $11.58 million per person Under Biden’s plan, long-term gains and dividends may be taxed as ordinary income for those with a taxable