Latest from Estate Planning Blog

Estate Planning Blog Estate Planning: Spousal Lifetime Access Trusts (SLATs) October 19, 2020 Now may be the time to take advantage of a historically favorable tax environment.  It is unclear how long the lower rates and tax exemptions established by the Tax Cuts and Jobs Act (TCJA) of 2017 will last.  We know that many provisions of the TCJA will automatically expire in 2026 unless Congress makes them permanent.  However, Congress could modify them prior…
Estate Planning Blog Stuck At Home? No Better Time Than the Present to Create Or Update Your Estate Plan. March 25, 2020 A little forced time away from the office might be an ideal time to get yourself organized and check some things off that TO DO list. One thing people commonly put off doing is creating or updating their estate planning documents. In fact, studies have reported that more than half of Americans do…
Estate Planning, Estate Administration and Probate Blog Questions Concerning An Irrevocable Trust? Where to Look for Answers and How to Make Changes April 12, 2017 Practice Area: Estate Planning, Estate Administration and Probate One of the many advantages of a revocable trust is that changes to a revocable trust can be easily made by amending or restating the trust instrument. When dealing with irrevocable trusts, however, the ability to effect change is often a source…
Estate Planning, Estate Administration and Probate Blog Questions Concerning An Irrevocable Trust? Where to Look for Answers and How to Make Changes April 12, 2017 Practice Area: Estate Planning, Estate Administration and Probate One of the many advantages of a revocable trust is that changes to a revocable trust can be easily made by amending or restating the trust instrument. When dealing with irrevocable trusts, however, the ability to effect change is often a source…
Estate Planning, Estate Administration and Probate, Tort and Insurance Defense Blog The “Sound Mind” June 28, 2016 Practice Area: Estate Planning, Estate Administration and Probate, Tort and Insurance Defense Defining Mental Capacity and How it Impacts Your Ability to Conduct Business, Manage Your Estate, and Even Vote. According to recent statistics, the U.S. population aged 65 and older is projected to nearly double over the next three decades. This year, baby boomers are between…
Estate Planning, Estate Administration and Probate, Tort and Insurance Defense Blog The “Sound Mind” June 28, 2016 Practice Area: Estate Planning, Estate Administration and Probate, Tort and Insurance Defense Defining Mental Capacity and How it Impacts Your Ability to Conduct Business, Manage Your Estate, and Even Vote. According to recent statistics, the U.S. population aged 65 and older is projected to nearly double over the next three decades. This year, baby boomers are between…
Business Litigation Blog Does Your Will Contain a Profession of Your Faith? Adding Religious Preambles to Your Will July 24, 2015 Have you considered including a religious preamble to your Last Will and Testament as a final means of professing your faith? Prior to the beginning of the 20th century, it was common practice for Last Will and Testaments to include a religious prologue, such as “In the Name of God, Amen[1].” In fact, the Wills…
Real Estate Blog A Checklist for Reviewing and Drafting Deeds of Trust June 19, 2015 What follows is a checklist of the matters that must or should be addressed in a Deed of Trust to insure that it complies with Arizona law and addresses the larger issues. The list does not purport to be complete. Obviously, there is a host of other issues which should be addressed, e.g. maintenance, insurance, condemnation and environmental issues. Moreover,…
Estate Planning Blog The Beneficiary Deed – Is It Right for You? November 5, 2014 It is common knowledge that the purpose of a Will is to ensure assets are distributed according to a person’s wishes upon his or her death. In addition, many people will go a step further, perhaps upon the advice of their attorney or accountant, and have a trust prepared to help avoid the sometimes lengthy legal process of probate, as…