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Home Archives for Phil Keenan

Phil Keenan

Phil Keenan July 30, 2020

Removing Life Insurance from the Taxable Estate

Life insurance is included in the taxable estate typically. A trust is a great way to remove the value of life insurance from the estate. But, there are two potential traps in this. Read on to … [Read more...] about Removing Life Insurance from the Taxable Estate

Filed Under: Estate Planning, legal education Tagged With: estate planning, life insurance

Phil Keenan July 23, 2020

Removing Life Insurance Without Triggering the Transfer for Value Rule

Life insurance is included in the taxable estate typically. A trust is a great way to remove the value of life insurance from the taxable estate. But there are two potential traps in this. The prior … [Read more...] about Removing Life Insurance Without Triggering the Transfer for Value Rule

Filed Under: Estate Planning, legal education Tagged With: estate planning, life insurance

Phil Keenan July 16, 2020

The Basics: “HIPAA” Powers

This is the second in a three-part series of articles on Powers of Attorney. The first article examined the Financial Power of Attorney. This second article examines the Healthcare Power of Attorney … [Read more...] about The Basics: “HIPAA” Powers

Filed Under: Estate Planning, legal education Tagged With: estate planning, powers of attorney

Phil Keenan January 30, 2020

Tax Planning for 2020

Planning is important for your income taxation during life as well as for any estate tax at death. Even though 2020 is just starting, it’s not too early to think about planning for whatever it may … [Read more...] about Tax Planning for 2020

Filed Under: Estate Planning, legal education Tagged With: donor-advised fund, Estate Planning, estate tax planning, income tax planning

Phil Keenan January 23, 2020

How Will You Age in Place and Be Able to Die at Home?

More and more, Americans are choosing to be cared for and are dying in their own homes. If you wish to be cared for and die in your own home, it’s especially important to have a plan in place to … [Read more...] about How Will You Age in Place and Be Able to Die at Home?

Filed Under: Estate Planning, legal education Tagged With: Advance Health Care Directive, Estate Planning, Health Care Power of Attorney, living will

Phil Keenan January 16, 2020

Getting Together with Family for the Holidays

The holidays are a special time with family and friends. You can take the opportunity to check on elderly loved ones. It’s also a great time to discuss planning. Read on to learn more. Getting … [Read more...] about Getting Together with Family for the Holidays

Filed Under: Estate Planning, legal education Tagged With: Advance Health Care Directive, Estate Planning, Health Care Power of Attorney, living will

Phil Keenan January 9, 2020

Reasons an Estate Plan Could Be Challenged: Part 4 – Lack of Testamentary Capacity

An Estate Plan is an essential part of your planning process. But there are ways an Estate Plan can be challenged as being invalid. This is part of a series of articles on ways an Estate Plan might be … [Read more...] about Reasons an Estate Plan Could Be Challenged: Part 4 – Lack of Testamentary Capacity

Filed Under: Estate Planning, legal education Tagged With: Estate Planning, invalid, trust, will

Phil Keenan January 2, 2020

Reasons an Estate Plan Could Be Challenged: Part 3 – Fraud

An Estate Plan is an essential part of your planning process. But there are ways an Estate Plan can be challenged as being invalid. This is the third part of a series of articles on ways an Estate … [Read more...] about Reasons an Estate Plan Could Be Challenged: Part 3 – Fraud

Filed Under: Estate Planning, legal education Tagged With: Estate Planning, fraud, trust, will

Phil Keenan November 28, 2019

The Questions of Estate Planning, Part 3: When

People often have questions about Estate Planning. This is the third in a series of articles addressing those questions. This third article addresses “when” to do Estate Planning. Read on to learn … [Read more...] about The Questions of Estate Planning, Part 3: When

Filed Under: Estate Planning, legal education Tagged With: Estate Planning, incapacity, trust, will

Phil Keenan November 28, 2019

The Questions of Estate Planning, Part 4: Where

People often have questions about Estate Planning. This is the fourth in a series of articles addressing those questions. This fourth article addresses the “where” of Estate Planning. Read on to learn … [Read more...] about The Questions of Estate Planning, Part 4: Where

Filed Under: Estate Planning, legal education Tagged With: Estate Planning, estate planning attorney, move, trust, where, will

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Using Disclaimers to Achieve Client Goals: Double Disclaimers

Disclaimers can be a good way of getting assets where you want them to go. If the disclaimer is a “qualified disclaimer,” the client isn’t treated as … [Read More...] about Using Disclaimers to Achieve Client Goals: Double Disclaimers

Using Disclaimers to Achieve Client Goals

Disclaimers can be a good way of getting assets where you want them to go. If the disclaimer is a “qualified disclaimer,” the client isn’t treated as … [Read More...] about Using Disclaimers to Achieve Client Goals

beneficiary

Beneficiary Designations and the SECURE Act: Eligible Designated Beneficiaries

Beneficiary designations can be deceptively simple. But their simplicity is sort of like an iceberg. Danger lurks beneath those tranquil waters, both … [Read More...] about Beneficiary Designations and the SECURE Act: Eligible Designated Beneficiaries

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