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Home / Archives for Legal Education

Updating Your Plan: Powers of Attorney

January 17, 2021

Estate Planning, Legal Education Tagged With: powers of attorney

As we approach the end of the 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 plan. A Power of Attorney allows your Agent to act for you. There are Powers of Attorney for financial matters and also those for health care. It’s important to consider whether you need to update either of these powers. Read on to learn more. … [Read more...] about Updating Your Plan: Powers of Attorney

Filed Under: Estate Planning, Legal Education Tagged With: powers of attorney

Updating Your Plan: Your Trust or Will

January 14, 2021

Estate Planning, Legal Education Tagged With: trust, will

As we approach the end of the 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

Filed Under: Estate Planning, Legal Education Tagged With: trust, will

Updating Your Plan: Beneficiary Designations

January 10, 2021

Estate Planning, Legal Education Tagged With: beneficiary, designation, powers of attorney

As we approach the end of the 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 your assets and it’s important to be sure your plan is coordinated to consider these. Read on to learn more. … [Read more...] about Updating Your Plan: Beneficiary Designations

Filed Under: Estate Planning, Legal Education Tagged With: beneficiary, designation, powers of attorney

It’s Better to Give, Especially This Year

January 8, 2021

Estate Planning, Legal Education Tagged With: charitable, deduction, public charity

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 year, you can get a charitable deduction even if you don’t itemize. Read on to learn more. … [Read more...] about It’s Better to Give, Especially This Year

Filed Under: Estate Planning, Legal Education Tagged With: charitable, deduction, public charity

What the 2020 Election Could Mean for Your Estate Plan

December 1, 2020

Estate Planning, Legal Education Tagged With: Biden, Democrats, Election 2020, Republicans, Trump

The November elections are over. What was the outcome of the election? What changes could come about as a result? What do those possible changes mean for your estate plan? Read on to learn more. … [Read more...] about What the 2020 Election Could Mean for Your Estate Plan

Filed Under: Estate Planning, Legal Education Tagged With: Biden, Democrats, Election 2020, Republicans, Trump

Preparing for the Unexpected…and the Eventual

December 1, 2020

Estate Planning, Legal Education Tagged With: disasters, Estate Planning, eventual, preparing, unexpected

The world is an unusual place. Things you’d never expect to happen sometimes actually do happen. There are natural disasters and unusual phenomenon. It’s important to prepare, not just for the unexpected but the eventual, as well. Read on to learn more. … [Read more...] about Preparing for the Unexpected…and the Eventual

Filed Under: Estate Planning, Legal Education Tagged With: disasters, Estate Planning, eventual, preparing, unexpected

Staying Current is Especially Important in the Pandemic

November 17, 2020

Estate Planning, Legal Education Tagged With: advance directive, Covid-19, estate planning, health care power of attorney, President Trump

The President’s bout with COVID-19 demonstrates the importance of keeping planning current. A Health Care Power of Attorney appoints someone to make decisions for you if you’re not able to do so for yourself. An Advance Directive expresses your wishes regarding end-of-life decisions. Read on to learn more. … [Read more...] about Staying Current is Especially Important in the Pandemic

Filed Under: Estate Planning, Legal Education Tagged With: advance directive, Covid-19, estate planning, health care power of attorney, President Trump

Academy’s Fall Summit Virtually Perfect

November 13, 2020

Estate Planning, Legal Education Tagged With: American Academy of Estate Planning Attorneys, CLE, Estate Planning, learning

You want your estate planning to be handled by an attorney who stays current on the law. The American Academy of Estate Planning Attorneys is holding its semi-annual conference providing education and learning for its Members. Read on to learn more. … [Read more...] about Academy’s Fall Summit Virtually Perfect

Filed Under: Estate Planning, Legal Education Tagged With: American Academy of Estate Planning Attorneys, CLE, Estate Planning, learning

Fair Isn’t Always Equal and Vice Versa

November 11, 2020

Estate Planning, Legal Education Tagged With: beneficiaries, children, unequal

When you’re deciding how your assets should be divided at death, sometimes dividing them equally is the appropriate choice. But, sometimes it’s not. Fair isn’t always equal or vice versa. Read on to learn more, including how to avoid a challenge if you choose an unequal division among your children. … [Read more...] about Fair Isn’t Always Equal and Vice Versa

Filed Under: Estate Planning, Legal Education Tagged With: beneficiaries, children, unequal

What’s an “Atom Bomb” or “Contingent Remainder” Beneficiary?

November 9, 2020

Estate Planning, Legal Education Tagged With: atom bomb, beneficiaries, contingent remainder, exploding turkey

When you’re deciding to whom to leave assets, most people choose their children or other descendants. However, you also need to decide on the “contingent remainder” beneficiary. In other words, who should get your assets if all your other beneficiaries are gone. Read on to learn more about this often-confusing concept. … [Read more...] about What’s an “Atom Bomb” or “Contingent Remainder” Beneficiary?

Filed Under: Estate Planning, Legal Education Tagged With: atom bomb, beneficiaries, contingent remainder, exploding turkey

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