We have big news to start 2022: Gove Law Office is merging with Legacy Counsellors, P.C. Find out more at https://t.co/5Z3ZRRVHXv. #estateplanning#realestatelaw
Although most family business owners understand the importance of creating an estate plan, fewer recognize the importance of telling their kids about those important documents. Here's why it's critical to prepare your heirs: https://t.co/hUF6jcpERK #estateplanning#familybusiness
When you lose a loved one and are the beneficiary of their IRA, it's especially important to know who to contact about it. In the case of an inherited IRA, action may need to be taken before Dec. 31 of the year of death. https://t.co/tVPD57dhcX #estateplanning#retirement
Housing Inventory Plunges To A Record Low In November. Sustained demand pushed the median home price to another record high, and a third of homes sold in one week or less. https://t.co/UdkMOACPeY #realestate#realestatemarket
If your beneficiary is likely to have problems with creditors, that is a factor to consider when making decisions about how to handle your retirement funds. "Don’t Let Your Heir’s Creditors End Up With Your Retirement Funds": https://t.co/bor71dxZR4
Is it a big deal that the IRS will reduce the period it holds onto archived estate tax returns from 75 to 40 years? Probably not. https://t.co/PYdBHulfXL #estateplanning
The bottom line of this story is "respect your entities and trusts or others won’t either." Find out what mistakes this family made that got the IRS's attention. https://t.co/dijNb7VpxE #estateplanning
"My brother and I inherited our mother’s home, and I moved into it. Do I owe him anything?" A classic case of inheritance strife between siblings. https://t.co/gauOiBOg38 #estateplanning
For children of aging parents, there may well come a time when you have to take responsibility for your parents finances. It's best to be prepared for this eventuality sooner than later. Here are a few common mistakes to avoid: https://t.co/m8CllfgIzz #estateplanning
Because the lifetime exemption or estate and gift taxes is scheduled to be cut in half after 2025, if not sooner, estate planners are encouraging many people to consider reducing the value of their estates by making tax-free gifts of assets while they can. https://t.co/4Rr1Dclvnv
Anthony Bourdain's daughter was only 11 when her father died, but she inherited the majority of his estate. How and when she will have access to that money follows a common approach for passing estate assets to a minor. https://t.co/7m0vkAgPy0 #estateplanning
If you are the adult child of an aging parent who is under the control of a spouse, and you see danger to your loved one, take action. Find out how in The Case Of The Stubborn Stepmom And Control Over An Aging Parent: https://t.co/mb4zrDj0fE #estateplanning#aging
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Don't throw a wrench in your estate plan with last-minute changes that can cause big problems down the road. Here are some things to avoid as you draw up your plan: https://t.co/2ywl70bSoA #estateplanning