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Home Estate Planning Articles

Estate Planning Articles

Some of these articles have been written by our law firm and other articles are written by the American Academy of Estate Planning Attorneys and compliments of our law firm. Any feedback or questions about the articles can be addressed by contacting our office.

August 20, 2019

The Importance of Advanced Directives – The Terri Schiavo Story

Terri Schiavo spent over ten years in a persistent vegetative state following a heart attack. During that time, her husband and parents waged an emotionally and financially draining legal battle that made it all the way to the President’s desk. It all could have been avoided had Terri executed an advance directive prior to her collapse back in 1990.

August 13, 2019

Women and Estate Planning – Debunking the Myths

Not long ago, women rarely took much interest in estate planning for several reasons. Today, however, the need for estate planning is even greater if you are a woman. Debunking some of the common myths surrounding the concept of women and estate planning is a good place to start.

March 16, 2016

Redskins Owner’s Estate Goes Into Overtime – Lessons from Jack Kent Cooke’s Estate

Sometimes, the unusual or unconventional actions of famous people provide more than just fodder for the gossip magazines. In fact, many of us can learn valuable lessons from the public mistakes others make. Such is the case with the estate of Washington Redskins owner Jack Kent Cooke.

January 12, 2016

Gifting to Benefit Minor Children

For most families, especially those with considerable assets, gifting is a great way to reduce their taxable estate while providing even greater benefits for minor children.

December 31, 2015

When Roles Reverse and Your Parents Need Your Help

The aging process can be difficult for those who witness it, and when it comes to our parents, we see it evolve first-hand as they come to rely on us for their needs over the years. What can we do now to make sure they’re better prepared for the future?

December 10, 2015

Family Feud – Don’t Let This Be Your Legacy

New Year’s is a time for resolutions. This year, resolve to keep harmony in your family both now and in the years to come. Proper estate planning helps to ensure your family’s peace of mind.

December 8, 2015

Fair Does Not Always Mean Equal: Avoiding Conflict in Inheritances

As parents, one of the challenges we face is ensuring our children feel as though they’re treated fairly and loved equally. What many may not realize, however, is that sometimes accomplishing this doesn’t include equal divisions, especially after they’ve reached adulthood. This is also sometimes the case with Estate Planning. While it’s designed to efficiently distribute your assets after your death, it’s also meant to see your final wishes implemented. The challenge is making sure your children understand that after assessing the dynamics and factors associated with your family and the needs of each family member, your final wishes may appear to be unfair, even though your goal was always to address the needs of each child versus the collective family.

November 9, 2015

My Attorney Just Retired – What Now?

Hiring an estate planning attorney has its challenges, especially if your current attorney is preparing to retire or relocate. Here are a few tips that can help you make the transition.

October 30, 2015

Practical Discussions About Funerals

For many, one of the most complicated and awkward conversations is likely a discussion around funerals. Preplanning for a funeral can be the ideal opportunity to start a conversation, and if you’re a Medicaid recipient, it’s even more important.

October 30, 2015

Take Advantage of Gifting to Reduce Your Estate

Incorporate gifting to your loved ones as a way of reducing your overall annual tax burden, but be sure you do it in such a way that it maximizes your goals.

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Tax Planning for 2023

Planning is important for your income taxation during life as well as for any estate tax at death. Even though 2023 is just starting, it’s not too … [Read More...] about Tax Planning for 2023

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