Have a Trust? How the Corporate Transparency Act Affects You
September 11, 2024
Get ready for an interesting twist in the world of legal and business news. You may already be familiar w...
Read MoreGet ready for an interesting twist in the world of legal and business news. You may already be familiar w...
Read MoreThere is no shortage of advice flying around about estate planning, much of it from people who aren't even lawyers. Get insight on the popular pitfalls and how emerging economic shifts like cryptocurrency can affect your plan.
Get ready for an interesting twist in the world of legal and business news. You may already be familiar w...
If you have a current estate plan, I'll bet you plan to leave your assets to your children outright and u...
Being asked by a loved one to serve as Trustee for their Trust upon their death can be quite an honor, bu...
You might think that only the super wealthy need to worry about asset protection planning. But the truth ...
Whether it’s to qualify for Medicaid, avoid probate, or reduce your tax burden, transferring ownership of...
If you are a mom or dad with children under the age of 18 at home, your number-one estate planning priori...
In today’s highly litigious society you are at near-constant risk for costly lawsuits—even if you’ve done...
As a parent, you’re likely hoping to leave your children an inheritance. In fact, doing so may be one of ...
Although many strategies to save on your income taxes must be locked in before the end of the year, there...
Unless you’ve created an estate plan that works to keep your family out of court, when you die (or become...
Unless you’ve created a proper estate plan, when you die many of your assets must first pass through the ...
Over just the last two years, we’ve seen historic levels of damage caused by natural disasters in the U.S...
If you are running a business, it’s easy to give estate planning less priority than your other business m...
Life insurance is a key component of your family’s estate plan, offering those who depend on you for thei...
This article is part two of a two-part series on the benefits of putting your home in a trust. Part one o...
If you are like many homeowners, your home is likely your family’s most valuable and treasured asset. In ...
NFTs, or “non-fungible tokens,” are the latest sensation in the cryptocurrency universe, or as we like to...
Even if you put a totally solid estate plan in place, it can turn out to be worthless for the people you ...
When you hear the words, “trust fund,” do you conjure up images of stately mansions and party yachts? A t...
You are likely well aware of the tax benefits that come from donating to charity during your lifetime—don...
Recent advances in digital technology have made many aspects of our lives exponentially easier and more c...
Recent advances in digital technology have made many aspects of our lives exponentially easier and more c...
Whether you are married or in a committed partnership, estate planning is about much more than planning f...
If you own a business, you almost certainly have intellectual property. However, because your intellectua...
Going through divorce can be an overwhelming experience that impacts nearly every facet of your life, inc...
Going through divorce can be an overwhelming experience that impacts nearly every facet of your life, inc...
October 19th-25th, 2020 is National Estate Planning Awareness Week, so if you've been thinking about crea...
The days of working for a single employer for decades until you retire are over. Today, you are much more...
Anyone who has seen the hit Netflix documentary Tiger King: Murder, Mayhem, and Madness can attest that i...
If you are engaged to be married, divorce is probably the last thing you and your fiancé want to be think...
If you’re counting down the days to your wedding, divorce is probably the last thing you and your fiancé ...
In the first part of this series, we discussed the potential ramifications the SECURE ACT has for your es...
On January 1, 2020, the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) went into ...
Although digital technology has made many aspects of our lives much easier and more convenient, it has al...
In the first part of this series, we discussed a unique planning tool known as a Lifetime Asset Protectio...
As a parent, you’re likely hoping to leave your children an inheritance. In fact, doing so may be one of ...
Last week, we discussed the benefits of a unique estate planning vehicle known as Lifetime Asset Protecti...
When you create your estate plan, the idea that one of your adult children would ever use their inheritan...
While most people assume only the uber wealthy need to worry about asset protection, those with less weal...
Even if you put a totally solid estate plan in place, it can end up proving worthless if it’s not properl...
Unlike most of your assets, individual retirement accounts (IRAs) do not pass to your family through a wi...
It’s the middle of the night. The authorities just notified you that you have 20 minutes to evacuate your...
From wildfires in California and hurricanes in Texas to floods in West Virginia, hardly any area of the U...
In the first part of this series, we discussed the importance of including your digital assets in your es...
If you’ve created an estate plan, it likely includes traditional wealth and assets like finances, real es...
While some of those TV commercials for free credit-score report companies are pretty funny, having errors...
It’s no secret that we live in a litigious society. And though our right to a fair trial is one of the ha...
With the cost of long-term care (LTC) skyrocketing, you may be concerned about your (or your elderly pare...
If you have highly appreciated assets like stock and real estate you want to sell, it may make sense to u...
One of the biggest appeals of cryptocurrency, like Bitcoin, is that it is decentralized, unregulated, and...
Last week, we shared the first part of our series on the importance of estate planning for those without ...
It’s a common misconception to think that if you don’t have children, you don’t need to worry about estat...
Today, we live in an uber-connected world, where nearly every type of financial transaction—shopping, ban...
When discussing estate planning, a will is what most people think of first. Indeed, wills have been the m...
While purchasing life insurance may seem pretty straightforward, it’s actually quite complex, especially ...
These days, second and even third marriages are fairly commonplace. And the estate planning issues that a...
DIY wills are becoming more prevalent as legal services can now be accessed easily online. For better or ...
When you come into a cash surplus from a company bonus, a tax refund, an inheritance or something similar...
Asset protection planning is an important step to take in safeguarding your hard-earned assets from being...
Unless you’ve been living under a rock, you’ve probably heard about Bitcoin. But, you may not know what i...
Dealing with the financial stressors of caring for an aging loved one can affect your ability to provide ...
Completely disinheriting a child or grandchild should be reserved for extreme circumstances. And, if thos...
Spring has officially sprung and that means it’s spring cleaning time. Shake out the rugs, clean out the ...
Too many estate plans are created and then quickly forgotten, put on a shelf, and never looked at again. ...
In anticipation of the election and in response to public demand, Hillary and Bill Clinton have released ...
Electronic technology has brought about tremendous benefits for today’s society. We can access goods, ser...
You’ve spent your entire life building up your retirement account. It may even be the biggest asset you’l...
Many of us like to fantasize about winning the lottery. We muse with our friends about how we might spend...
Imagine this: your elderly uncle with no family near his home travels South to Florida for surgery and ha...
The National Institute on Retirement Security states that the funds American workers have set aside for r...
When I heard that Mark Zuckerberg and his wife, Dr. Priscilla Chan, were donating 99 percent of their Fac...
The holidays are traditionally the time for family gatherings, where generations come together and perfor...
Many parents want to know the best way to leave a home to their children. Before you make a plan, you sho...
A trust is a legal creation set up to benefit someone or something. For example, some people set up trust...
If you own your home or you’ve been renting so long that this information is old hat to you, consider sha...
The passing of family heirlooms from one generation to another should be welcome tradition in most famili...
It’s no secret that a majority of Americans are ill-prepared for retirement. A recent Forbes.com post det...
Traditionally, one of the primary reasons for establishing a living trust has been to avoid probate. But ...
A 2010 study conducted by the Investor Protection Trust found that more than seven million older American...
A common estate planning mistake many people make – including celebrities like Michael Jackson – is not e...
Once you have chosen the people you want to receive any of your assets -- either from a will, a trust, a ...
Estate planning is an ongoing process, and plans should be reviewed with a qualified estate planning atto...
It’s no misnomer that a position with so much responsibility carries the name “trustee”. After all, you h...
Americans today are getting married later in life. Currently, the average age of a first marriage is 27 f...
One of the most prevalent misconceptions when it comes to estate planning is that if you have a will, it ...
With the federal estate tax exemption at $5.43 million for 2015, many people think estate planning is unn...
When you hear the words, “trust fund,” do you conjure up images of stately mansions and party yachts? A t...
Famous comedienne, Joan Rivers, who died unexpectedly on September 4, 2014, from what is alleged to be a ...
Not many people would view the IRS as a charitable organization, but you might if you plan your gifting a...
Families of those with disabilities - physical or mental - are typically concerned with the best way to f...
According to the Investment Company Institute, the use of IRAs for retirement saving has increased in the...
A recent U.S. Supreme Court decision has changed the way inherited IRAs are viewed when it comes to bankr...
Whether you have a lost a spouse or partner through divorce or death, being thrust into singlehood can be...
You bring your children into the world with love. You raise them with love. If you’re going all the way a...
One of the most eloquent responses to Robin Williams’ death came from his best friend Billy Crystal, who ...
If you own real estate, chances are you have purchased insurance to protect your assets against damage or...
Gifting assets can be a useful estate planning tool if you need to reduce your estate tax bill or for lon...
It’s no surprise that Americans spend more time planning their summer vacations than they do planning the...
Do you know what it takes to be a real man? Although the expectations of both men and women have evolved ...
A new study from the Boston College Center on Wealth and Philanthropy shows that the greatest wealth tran...
Summer has officially arrived and for those of us fortunate enough to have a vacation home – whether it’s...
A recent article in the New York Post about brothers battling over a painting from their uncle’s estate s...
If you have been responsible enough to purchase a life insurance policy as added protection for your love...
Asset protection is not something most people think too deeply about. Most of us are busy trying to accum...
If you are fortunate enough to have a family vacation home, you know the emotional value it holds for eve...
Everyone’s “to-do” lists seem to grow longer at this time of year, but yours is incomplete until you ask ...
Do you consider trusts to be instruments of the wealthy? While it is true that many Americans of means ha...
If you came to this page to find out what I’ll charge you for a Will or you are considering calling me (o...
In June, the U.S. Supreme Court ruling in United States v. Windsor invalidated the federal Defense of Mar...
Contrary to popular belief, estate planning is not just about money or taxes. Far from it. Today, it’s mo...
Recently, 11 major life insurance companies agreed to pay $763 million to the heirs of deceased policyhol...
If you make a mistake in naming beneficiaries for your life insurance policy, the people you love will en...
Unfortunately, money has a habit of bringing out the worst in people, even in the best of families. One o...
A will is one of the most basic estate planning documents, and everyone should have one to make sure that...
Retirement decision-making for boomers is very different than it was for our parents, when it was usually...
Many parents perceive a conflict between funding a child’s college education and building their own retir...
They call it the “poor man’s estate planning.” Put your child on the title to your deed and avoid probate...
In the process of becoming new parents, many couples become experts at planning – scheduling the birthing...
Planning for a long and prosperous retirement is no longer just about the money; because of the recession...
The American Taxpayer Relief Act of 2012 that Congress passed on New Year's Day extended the Bush era tax...
In this article I will explain the difference between a Will-based plan and a Trust-based plan so you can...
Even though the elections are over, no one knows what Congress will do by the end of the year when it com...
You’re never too young or too old to save for retirement; here are some guidelines by age group: Under 25...
You could be unintentionally reducing your family’s wealth potential if you do not properly designate the...
As a Personal Family Lawyer®, I am often asked to help people who inherit a retirement account. The actio...
There are a number of essential things a last will and testament can do for you, such as distribute famil...
As a Personal Family Lawyer®, I see many of the same estate planning mistakes made time and again by peop...
A child’s wedding day is one of the happiest occasions in life for most parents, especially when they app...
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Hi, I’m Pam Starsia. I became a Personal Family Lawyer because I’m passionate about educating and empowering people to create estate, life, ...
I became a Personal Family Lawyer to help people like you and families like yours plan for the future. Facing the potential for incapacity a...
Let’s talk about your death . . . or incapacity. If something unfortunate happens, what will happen to your assets that you’ve worked so har...
Hi. I’m John W. Heck. I became a Personal Family Lawyer because I have seen the consequences of failed estate planning in my immediate famil...
In my practice, I focus on Family Protection, Wealth Preservation, and Value-Based Planning. I’m also experienced with wealth planning strat...
Lisa Brown Esq. is the principal attorney for Brown Law Offices. She received her J.D. from The George Washington University Law School and ...
Naureen Rahman has been practicing law for over twenty years in the Maryland, DC-Metropolitan area. She has practiced across numerous sector...
I love being able to guide my clients through a unique planning process that empowers them to live a financially fulfilling life now while e...
I am an attorney dedicated to helping families in Virginia navigate the world of estate planning. With over 22 years of legal experience, I'...
You've planned your kids’ birthday parties, playdates, and education. But have you adequately planned for the care of your family if the unthinkable happened? What provisions are needed in the first 24 hours while the officials locate your family members and arrange for your children's care?
In an easy-to-read "choose your own adventure" story format, Wear Clean Underwear guides you to know the exact right legal steps for yourself and the people you love.