by kevinadmin2016 | Jan 16, 2018 | Families, Legacy, Trusts, Wills
When did you last review your estate plan? How long ago did you put in place your estate plan? 5 years? 10 years? Over 10 years? Do you currently have an estate plan in place? Reviewing one’s estate plan serves at least two critical functions. First, a...
by kevinadmin2016 | Nov 6, 2017 | Children, Families, Legacy, Probate, Saving Money, Taxes, Wills
Take a look at some of the most common misconceptions that are often heard by us, at The Estate Planning Group: Misconception #1: A Power of Attorney can be used after death. No. Upon a person’s passing, Powers of Attorney lose any and all authority possessed...
by kevinadmin2016 | Oct 10, 2017 | Families, Inheritance, Legacy, Probate, Saving Money, Taxes, Wills
Mistake #1: Relying on the Law. If you do not set up an estate plan, upon your death your property will be distributed according to the laws of your last state of residence. Often, the law will require the probate judge to give your property to someone other than...
by kevinadmin2016 | May 25, 2017 | Families, Legacy, Medicaid, Probate, Taxes, Trusts
With tax time just behind us, you may be thinking you did well by minimizing what you paid to Uncle Sam and your state in taxes, so more can go to your family. Every year around tax-time, we’re reminded of how complicated maximizing your money and minimizing tax...
by kevinadmin2016 | May 9, 2017 | Caring for Loved One, Children, Digital Assets, Electronic Assets, Families, Health Care, Legacy, Medicaid, Probate, Trusts, Wills
We are all busy, right? We have things to do, places to visit, and people to see. So, it is understandable why people do not often think about what would happen in an emergency, where something happens and you can no longer do things you want, visit the places you...
by kevinadmin2016 | Feb 28, 2017 | Families, Legacy
If you have named children, family, or friends as a successor trustee of your family trust, they likely do not know what the job entails. Our office encourages talking with successor Trustees now to eliminate some of the unknowns about what it means to serve in this...