As an estate planning attorney, I often emphasize the importance of planning not just for what happens after you pass away, but also for what might happen if you become incapacitated. Incapacity planning is a critical component of a comprehensive estate plan, yet it's frequently overlooked. Faili...
As an estate planning attorney, I often stress the importance of not only crafting a comprehensive estate plan, but also ensuring that your investment strategies align with your overall financial goals. Effective estate planning isn't just about deciding who gets what after you're gone—it's about...
As an estate planning attorney, I often encounter clients who are not only concerned about how their assets will be distributed after their passing but also about maintaining their privacy during and after the estate planning process. In a world where information is increasingly accessible, prese...
Succession planning is a critical aspect of ensuring the longevity and prosperity of family businesses. As an estate planning attorney, I often work with family business owners to develop comprehensive succession plans that address key considerations such as leadership transition, asset transfer,...
As Mother's Day approaches, it's a time for us to reflect on the love, guidance, and wisdom that our mothers have bestowed upon us throughout our lives. Beyond the flowers and cards, Mother's Day presents an opportunity to consider a more profound way to honor our mothers: through legacy planning...
As an estate planning attorney, I often encounter clients who are primarily focused on wills and trusts when discussing their estate plans. While these documents are undoubtedly crucial, there's another essential tool that often goes overlooked: durable powers of attorney (POA). In this post, I'l...
As an estate planning attorney, I often encounter adult children faced with the delicate task of discussing estate planning with their elderly parents. This conversation can be challenging, but it is crucial for ensuring that the wishes of your parents are honored and that their legacy is protect...
I often emphasize the importance of preparing for the future, not just for yourself and your loved ones, but also for your furry companions. Pets hold a special place in our hearts, and it's crucial to ensure they are cared for even when we're no longer able to do so ourselves. In this blog post,...
Inheritance taxes can significantly impact the assets passed down to beneficiaries, potentially reducing the value of an estate intended for loved ones. However, with careful planning and strategic foresight, it's possible to minimize the impact of inheritance taxes and ensure that more of your h...
Estate planning can be a sensitive subject, often evoking uncomfortable emotions or even avoidance altogether. However, having open and honest discussions about estate planning with your family is crucial for ensuring your wishes are understood and carried out effectively. As an estate planning a...
In the professional world, where risk and reward dance a delicate ballet, safeguarding one's hard-earned wealth against unforeseen threats becomes paramount. This is especially true for professionals like doctors, dentists, and business owners, who face unique vulnerabilities in their day-to-day ...
Estate planning, which involves planning for what happens to your stuff after you're no longer here, can sometimes feel like a complicated puzzle. But when that puzzle includes collectibles like coins, baseball cards, or artwork, it can get even trickier. I'm an estate planning attorney, and I've...
In the world of small businesses and corporate America, a recent court decision has stirred quite a buzz. Let's dive into what's been happening with the Corporate Transparency Act (CTA) following a significant ruling in the case of National Small Business United v. Yellen. This event marks a pivo...
As we approach tax season, it's crucial for high-net-worth families to take proactive steps in managing their finances to optimize tax outcomes. With the right strategies in place, individuals and families can minimize their tax burden while maximizing wealth preservation and transfer. As an esta...
Today, let's talk about something near and dear to my heart: philanthropy in estate planning. Now, you might be wondering, "What does estate planning have to do with giving back?" Well, let me tell you – it's all about creating a lasting impact that extends far beyond our own lifetimes. Picture ...
In all my blogs, I emphasize the importance of creating a comprehensive estate plan to protect your assets and ensure your wishes are honored. However, it's equally crucial to recognize that estate planning is not a one-and-done task. Just like any other aspect of your financial and legal life, y...
Today, I'm excited to chat with you about a cool tool in the world of estate planning: Family Limited Partnerships (FLPs). But don't let the fancy name scare you off – I promise to break it down into bite-sized pieces so you can understand how FLPs can be your secret weapon in protecting your fam...
Love is a powerful force that binds couples together, and while it may not be the most romantic topic, estate planning is a crucial aspect of ensuring that your love and legacy endure. As an estate planning attorney, I've witnessed firsthand the peace of mind that a well-thought-out plan can brin...
Today, let's dive into a topic that might sound a bit fancy but is actually all about making your money work smarter for you. As an estate planning attorney, I'm here to demystify the world of trusts and show you how they can be your secret weapon in saving on taxes, especially if you've got a ni...
Estate planning is a crucial step for every family to secure their future, but when it comes to blended families, navigating the complex dynamics adds an extra layer of importance. As an estate planning attorney, I understand the unique challenges faced by blended families and the need for a care...
In our increasingly digital world, it's essential for you to consider the protection of your digital assets as part of your comprehensive estate plan. From cherished memories stored in photo albums to valuable financial information kept online, your digital life is a significant component of your...
When facing tough conversations with loved ones, especially about sensitive topics like estate planning, the way we approach these discussions can significantly impact our relationships. As an estate planning attorney, I've seen many families navigate this delicate balance. I want to share some i...
Happy New Year! As we step into 2024, it's not just resolutions that deserve your attention – there are some important updates in estate planning laws that you should be aware of. As your friendly neighborhood estate planning attorney, I'm here to guide you through the changes that might impact y...
The holiday season, with its warmth and joy, often brings families together. Yet, for those engaged in estate planning, these family gatherings can pose unique challenges. As an estate planning attorney, I understand the delicate balance required to ensure that family dynamics harmonize with the ...
As we approach the end of the fiscal year, high net worth individuals find themselves at a pivotal juncture for tax planning. The complex web of tax laws can be overwhelming, but fear not. In this comprehensive guide, we'll break down some savvy strategies to help you optimize your tax position a...