Estate Planning

Can You Rely on State Law to Leave Everything to Your Spouse and Kids?

 
 

Many people think that if they die while they are married, everything they own automatically goes to their spouse or children. They are thinking of state rules that apply if someone dies without leaving a will. In legal jargon, this is referred to as “intestate.” In that case, the specifics will vary depending on each […]

2017-07-24T14:09:13+00:00 July 24th, 2017|Estate, Estate Planning, Probate|0 Comments

Life Insurance and Estate Planning: Protecting Your Beneficiaries’ Interests

 
 

One misconception people have about life insurance is that naming beneficiaries is all you have to do to ensure the benefits of life insurance will be available for a surviving spouse, children, or other intended beneficiary. Life insurance is an important estate planning tool, but without certain protections in place, there’s no guarantee that your […]

2017-07-18T18:02:38+00:00 July 11th, 2017|Estate Planning, Incapacity Planning|0 Comments

How Can Your Estate Plan Help a Loved One Who Struggles with Addiction

 
 

According to the National Center on Addiction and Substance Abuse, substance addiction or abuse impacts as many as one in seven Americans. Because of its prevalence, navigating a loved one’s addiction is actually a relatively common topic in everyday life and you should consider it when working on your estate planning. Whether the addiction is […]

2017-05-15T16:11:27+00:00 May 15th, 2017|Estate Planning, Trust|0 Comments

What To Do When a Disability Throws Your Estate Plan A Curve Ball

 
 

Despite thoughtful effort and a concerted strategy, you cannot prepare for every emergency. A car accident, sudden illness, workplace injury or chronic medical condition can force you to re-evaluate the core assumptions you used to plan your future and set up your legacy.

According to a 2015 report published by the Centers for Disease Control and […]

New Legislation Could Mean the End of Estate Tax and GSTT

 
 

On January 24, 2017, the Death Tax Repeal Act of 2017, or H.R. 631, was introduced to the U.S. House of Representatives by South Dakota congresswoman Kristi Noem. If passed, H.R. 631 would completely repeal the federal estate tax. A separate companion bill put before the Senate by South Dakota senator John Thune, S. 205, […]

2017-02-20T14:19:02+00:00 February 20th, 2017|Estate, Estate Planning, Tax Planning|0 Comments