Harmless Error Statute — A Saving Grace What Is The Harmless Error Rule & When Does It Apply? When somebody dies without a legally recognized will, their money and property are typically subject to default state rules that determine who will receive it. To assert control over who will receive their money and property and [...]

Handling S Corporation Interests In Estate Planning: Electing Small Business Trusts & Qualified Subchapter S Trusts Trusts Types You Need To Know When You Have a S Corporation One of the many challenges of owning a small business is determining the appropriate tax classification of the business. When an individual owns a business entity that [...]

Top Four Estate Planning Questions to Answer When Using Assisted Reproductive Technology All You Need To Know About Estate Planning For Your Child Welcoming a child into the family is a major milestone in every parent’s life, especially if you have utilized assisted reproductive technology (ART). With this blessing comes the need for comprehensive financial [...]

Things To Consider Before Accepting Your Inheritance The Implications Of Accepting an Inheritance The news that you will be receiving an inheritance is often bittersweet because it means that somebody close to you has passed away. But you might also have mixed emotions about your inheritance for reasons that have to do with the actual [...]

Questions You Should Ask Your Estate Planning Attorney How To Know Your Estate Planning Attorney It's The Right One For The Job  Creating an estate plan is a personal and often emotional undertaking, making the selection of your estate planning attorney of the utmost importance. Here are some questions you should ask your estate planning [...]

How To Keep Your Child’s Inheritance Out Of Your In-Law’s Hands The Benefits Of Careful Estate Planning For Your Child About 40 to 50 percent of all marriages in the United States end in divorce. Regardless of how you feel about your child’s spouse, you must face the possibility that they could become your child’s [...]

What Is a Nongrantor Trust? Understanding The Role Of Nongrantor Trust In Estate Planning Every trust has at least one grantor, also known as the trustmaker, i.e., the person who creates the trust. So, it can be confusing when terms like grantor trust and nongrantor trust are used. It is helpful to understand that neither [...]

Think Your Estate Plan Is Complete? Make Sure You’re Not Missing These Important Points The Complete Guide To Estate Planning Roughly two-thirds of Americans do not have an estate plan, according to a recent survey from www.caring.com. If you are among the minority of US adults who have prepared a will, living trust, and other [...]

Using Assisted Reproductive Technology: What Happens To Unused Genetic Material at Your Death? When you think about how you want your property to be distributed after your death, most of the time it is easy to identify that property—your home, your cars, your jewelry, etc. But what about the genetic material used in assisted reproductive [...]

Celebrate Independence Day By Claiming Control Of Your & Your Loved Ones’ Futures Every year on the Fourth of July, Americans across the country celebrate our nation’s declaration of independence from Great Britain. Yet only about one-third of Americans have an estate plan—meaning that most Americans have given up their independence when it comes to [...]