Ancillary Probate: When Is It Used, Where It Occurs, and How to Avoid It Many people own property in more than one state—perhaps a vacation home in Florida, a rental property in a former home state, or even a car titled in another state. It is important to think about how that property will be [...]
Writing Your Own Obituary as an Addition to Your Estate Plan An obituary can be much more than just a dry announcement of the time and location of your funeral or memorial service. It can be a way to share your life story, communicating information about significant events and people, as well as important values [...]
Spring Cleaning: Time to Clean Up Your Estate Planning Your estate plan, like your home, periodically needs a thorough polishing. Your life circumstances are constantly changing, and an estate plan that perfectly met your needs a couple of years ago may now be cluttered with outdated provisions or documents. With spring fast approaching, now is [...]
Reconsidering Your Role in Others’ Estate Plans (How to Say No) It is important to think carefully about your ability or willingness to serve as an executor or trustee for someone else. If a family member or friend has asked you to serve as the executor of his or her estate or as trustee of [...]
Estate and Gift Tax Clawbacks: Taking Advantage of Current Laws Before the Law Changes Again In 2017, when Congress passed the Tax Cuts and Jobs Act, it doubled the gift and estate tax exclusion amount, but that law is set to expire on December 31, 2025. How does this temporary change affect gifting strategies between [...]
Gunderson Law Group Growing, Offering Valued Client Services We are well into 2020, and there are some exciting things happening at Gunderson Law Group, P.C. We are rolling out upgrades to our websites, gundersonlawgroup.com and gundersonimmigrationlaw.com, and boosting our social media presence to help our valued clients keep informed and to better assist those who [...]
PRIMER ON ASSET PROTECTION: PART 3 Protecting Inheritances Left to Family This is Part 3 in our series, A Primer on Asset Protection. It has been a while since our last segment, so as a quick recap: in Part 1, we discussed asset protection in the business context. In Part 2, we discussed how to [...]
Primer on Asset Protection: Part 2 How to Protect your Assets from the Costs of Nursing Home Care This is Part 2 in our series, A Primer on Asset Protection Law. In Part 1, we discussed asset protection in the business context. In the coming weeks, we will address other aspects of asset protection law [...]
A Primer on Asset Protection Law: Part 1 Asset Protection for Businesses and Business Owners Many of our clients are already business owners or are entrepreneurially-minded individuals who are considering starting a new venture. When counseling with these clients, there are a variety of asset-protection issues that seem to come up on a regular basis. [...]
A Primer on Asset Protection Law Clients often ask us about the best way to protect their assets from unnecessary taxation, risk, and potential unknown creditors. Other clients are surprised when we explain that their assets may be exposed to these kinds of liabilities. There is a common misperception that asset protection in Mesa, [...]
