Transferring real estate to a trust has become a widely used tool in estate planning. Unfortunately, it’s easy to overlook important aspects of the transfer that lead to unintended … [Read more...] about The Importance of Insuring Real Estate
Tax Proposals Could Alter Estate Planning Landscape
Senators Sanders and Whitehouse have introduced legislation in the Senate which would significantly alter the Estate Planning landscape. It would dramatically change the tools we use to plan for our … [Read more...] about Tax Proposals Could Alter Estate Planning Landscape
Tax Planning for 2021
Planning is important for your income taxation during life as well as for any estate tax at death. Even though 2021 is just starting, it’s not too early to think about planning for whatever it may … [Read more...] about Tax Planning for 2021
Updating Your Plan: Beneficiary Designations
As we enter the new year, it’s a good time to think about updating your plan. This includes your entire plan, including beneficiary designations. Beneficiary designations may control a large part of … [Read more...] about Updating Your Plan: Beneficiary Designations
Estate Planning for Millennials
Why it's never too early to plan... The Millennial Generation accounts for those born from the year 1981 to 1996. This means that Millennials are now nearing the age of 40. For some, an estate … [Read more...] about Estate Planning for Millennials
Updating Your Plan: Your Trust or Will
As we enter the new year year, it’s a good time to think about updating your plan. This includes your entire plan, including your primary vehicle, such as a trust or will. Read on to learn more. … [Read more...] about Updating Your Plan: Your Trust or Will
Updating Your Plan: Powers of Attorney
As we enter the new year, it’s a good time to think about updating your plan. This includes your entire plan, including Powers of Attorney. Powers of Attorney are part of even the simplest estate … [Read more...] about Updating Your Plan: Powers of Attorney
It’s Better to Give, Especially This Year
Normally, you must itemize your deductions in order to benefit from them. In 2020, the standard deduction amount is $12,400 for individuals and $24,800 for married couples filing jointly. But this … [Read more...] about It’s Better to Give, Especially This Year
What Is a HIPAA Release?
The acronym HIPAA stands for the Health Insurance Portability and Accountability Act of 1996. In this post, we will explain why this piece of legislation is something to take into consideration when … [Read more...] about What Is a HIPAA Release?
Estate Planning with Beth
Watch HERE to see Attorney Beth Mitchell discuss the basics of Estate Planning. If you think you or someone you know would benefit from a FREE 1hr estate planning consultation by phone, schedule at … [Read more...] about Estate Planning with Beth