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Posts Tagged ‘wills/trusts’

When a lawyer permits a non-lawyer who markets living trust packages to hold out to the public that the lawyer will prepare the documents, the lawyer acts unethically.

During the seminar, the marketer describes the benefits of living trusts and repeatedly states that every seminar participant should have a living trust.

When someone dies, heirs can be surprised to learn what the estate holds for them. They aren’t alone, either: Estates are often shrouded in some mystery even for the people who plan and manage them.

We offer a free Estate Organizer Kit, which anyone is welcome request and use to help keep estate assets organized.

Planning for a loved one with special needs to be cared for after you’re gone may involve some of the most important and emotional decisions you make.

The process can certainly appear daunting at first, but the key is recognizing that you do need to plan, and the time to start is now.”

The number of opposite-sex couples living together jumped 13% this year to 7.5 million

The number of opposite-sex couples living together jumped 13% this year to 7.5 million, according to an article I read this week in USA Today. In fact, researchers estimate that half of all married couples now live together before they get married. Why? Some blame the sluggish job market, but others suggest that couples who choose to live together frequently do so to avoid what they consider “legal hassles,” especially those associated with a potential break-up. However, the truth is that for unmarried couples who break-up, the fall-out can be worse than a messy divorce. USA Today suggests that unmarried…

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Strategic use of life insurance frequently is a key aspect of comprehensive estate planning,

Strategic use of life insurance frequently is a key aspect of comprehensive estate planning, solving a wide variety of estate planning challenges from providing liquidity to pay estate taxes, to charitable bequests and ensuring the continuation of a closely-held business. One of the key characteristics of life insurance, however, making it such a versatile estate planning tool, is preferential tax treatment. Properly structured, life insurance proceeds pass tax-free to beneficiaries, and earnings on investments held within certain types of “permanent” life insurance also generally accrue tax-free. According to a recent article in The Wall Street Journal, there is some national…

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The 2010 Small Business Jobs Act has some tax changes that could affect you – in a good way.

If you’re a small business owner, you’re probably ready for a little good news right about now. The 2010 Small Business Jobs Act has some tax changes that could affect you – in a good way. Forbes writer Robert W. Wood gave a good run-down of the highlights last week, to include: Small Business (Section 179) Expensing. Under the old rules, you could generally expense up to $250,000 of certain property placed in service during the year. But for tax years 2010 and 2011, the limit is increased to $500,000, and can include up to $250,000 of qualified leasehold improvement,…

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Disadvantages to probate, including the length of time required to complete the process and wrap up the estate, and the potential costs involved.

Regardless the legislative fate of the federal estate tax, there is another aspect of your estate that you will want to consider – your Probate Estate.

Family businesses have issues that are very different from those of larger firms, and one of the most important of those issues is figuring out how to take the success of the first generation of entrepreneurs and safeguard and institutionalize it so that

Family businesses do not tend to outlive their founders.

Losing a spouse is one of the most stressful and sad ordeals a person can go through, but often it’s not just the personal grief that brings widows and widowers to despair — it is the paperwork.

One way you can help ease this difficult for your loved ones left behind is to organize your estate now.

I’m often asked “Why should I hire an attorney, it’s cheaper thru the internet?”

If LegalZoom is no longer producing wills, trusts or other legal documents in State of Washington, why is LegalZoom not being pursued by Maryland’s Attorney General?

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