Why You Might Not Want To Be a Client’s Beneficiary Imagine the following scenario: As a professional advisor, you have worked with a married couple for decades. They have been ideal clients, have taken a genuine interest in you and your family, and have told you on multiple occasions how much they appreciate your [...]
Resolving Tangled Titles & How It Affects Property Deeds, Homeownership, & Estate Planning How Estate Planning Can Help Prevent Tangled Titles Do You Really Own The Home You Live In? If you are currently living in a property that you inherited but the deed has not been transferred into your name, you may be surprised [...]
Qualified Personal Residence Trust (QPRT): How Does It Work & What Are The Benefits? How The Advantages Of The Qualified Personal Trust Work Americans have enjoyed historically high estate tax exemption rates for most of the last twenty years. Such high exemption amounts have kept many of them from needing to seek out more advanced [...]
How Slayer Statutes Stop Killers From Profiting From Their Crimes Slayer Statutes: Prevent a Killer From Inheriting Anything From Their Victim Most states have laws that prevent someone who has intentionally killed another individual from being able to inherit any property from their victim. In general, these laws are referred to as “slayer statutes” and [...]
All Good Things Must Come To An End: Reasons a Trust Might Terminate Arizona Estate Planning Attorneys Discuss The Process Of Terminating a Trust Nothing lasts forever. While trusts can stretch across generations and keep valuable money and property within a family, no trust has unlimited funds or an interminable time horizon. Every trust, at [...]
Social Media Presence: Five Important Estate Planning Questions To Consider Questions To Ask Yourself About Your Social Media Presence From Arizona Estate Planning Attorneys Social media is about putting yourself out there to connect with people, sometimes all over the world. If you are a social media influencer, not only are you being social, you are [...]
What Happens To Our Social Media Accounts When We Die & Why Does It Matter? How To Protect Your Social Media Accounts After Death According to Statista, more than 295 million people in the United States use social media. If you are an avid social media user, have you considered what will happen to your [...]
How a Fender Bender Might Impact Your Client's Finances & Estate Plan In the chilling words of several George R. R. Martin’s Game of Thrones characters, “Winter is coming.” Along with this change of seasons comes a change in driving conditions in much of North America—slippery roads, rain, snow, less sunlight during the morning and [...]
Family Limited Partnerships: Are They Under Attack? The Biden Administration’s New Proposal May Have Serious Implications For FLP Owners A popular estate planning tool that has long been used effectively may be facing new challenges under the current administration in Washington, DC. The family limited partnership (FLP) is an estate planning tool that allows families [...]
Why Estate Planning Is More Essential Than Ever For Student Athletes Protecting The New Era Of College Athletes It is a new era for college student athletes, who can now (as of July 1, 2021) profit from their name, image, and likeness (NIL). A change to the long-standing National Collegiate Athletic Association (NCAA) policy that [...]
