Johnson Law Firm
Regardless of the preferred record-keeping mode, most people have some sort of digital footprint, making it important to know who would have access to your digital assets if you became incapacitated and how those assets would be distributed in the event you pass away.
Succession and estate planning is difficult and time-consuming. However, it is also a key step for a business that can grow into the future.
Avoidance of estate taxes is one consideration in estate planning.
Estate planning is not just for affluent individuals. While good estate planning can lead to desirable financial outcomes under the right circumstances, estate planning in its most basic form involves implementing the legal steps and directives that are necessary to ensure that your health and your assets are managed properly in the event of incapacity and death.
Learn the most important deadlines you or a loved one will have to keep in mind for Medicare.
These days it’s easy to feel overwhelmed by many things such as politics, gas prices, the gyrating stock market, summer travel, heatwaves and your health. One thing that shouldn’t overwhelm you is estate planning.
When it comes to a power of attorney document, you don’t seem to need it – until you suddenly, desperately do.
One type of trust, the qualified perpetual trust, can be used to pass assets down to your beneficiaries, decade after decade.
Q: Is there a difference between a ‘living will’ and a ‘do not resuscitate’ order?
The primary advantage of naming TOD beneficiaries for your accounts is that it can make the inheritance process much simpler, faster and less expensive.
