Our blog includes posts about a wide range of estate planning topics, including trust-based estate plans, estate planning when you have a disabled adult child, planning as part of a blended family, and planning for charitable giving. To learn more, contact our office to discuss how we can help you create an estate plan that best fits your needs.

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  • Special Needs Trust Fairness Act Reintroduced in the House Reps. Glenn “GT” Thompson (R-PA) and Frank Pallone (D-NJ) reintroduced the Special Needs Trust Fairness Act (H.R. 670) today to allow individuals with disabilities, who have the mental capacity, to create their own special needs trusts. NAELA, the National Association of Elder Law Attorneys, expects reintroduction in the Senate shortly....
  • Succession Planning for Retirement Accounts/IRA Inheritance Trust Webinar Succession Planning for Retirement Accounts typically involves two (2) goals or concerns. First, deferral of income tax. The key is for the retirement account to remain income tax deferred for the longest period of time. This is accomplished when your children or other beneficiaries are able to keep the retirement...
  • Laureate Wealth Strategies Program This past year, I have been participating in the Laureate Wealth Strategies Program through the Southern California Institute. This program includes some of the very best attorneys, certified public accountants (CPAs) and insurance professionals in the country. The alumni from this program focus on achieving the clients enlightened dreams in...
  • Inherited Debt That Will Not Go Away Most of the time family members and other heirs are not responsible for a deceased person's debts. Any debts are paid out of the estate before it is distributed to the heirs. However, there are some exceptions including one that cannot be discharged in bankruptcy, co-signed private student loans. A...
  • Don't Discount the Importance of Keeping Your Estate Plan Up-To-Date! There is a sense of accomplishment when an estate plan is executed. In fact, it’s quite common for people to sign documents and file them away for safe keeping and forget about them. The danger is that these individuals and families may believe that these matters require no further attention....
  • Recently Divorced: Where Do I Start? You may have juggled a zillion family responsibilities both in and out of the house. But chances are you didn't handle everything. Perhaps your husband handled the investments. Or dealt with advisers, such as a CPA or a lawyer. But now, after a divorce or the death of your husband,...
  • How to Motivate Your Kids to Be More Productive and Self-Reliant Recently rock legend Sting made headlines when he declared that his six children would be receiving little to none of his estimated $300 million fortune. He joked that he intended to spend all of his money before he died. But on a more serious note, he explained that he wanted...
  • US Supreme Court Says IRAs Fair Game for Debts The U.S. Supreme Court ruled that certain money inherited from individual retirement accounts can be taken by creditors to cover the debts of people in bankruptcy proceedings. In a unanimous ruling written by Justice Sonia Sotomayor, the court said inherited IRA money not received from a spouse isn't protected in...
  • Planning for Digital Assets Legislation addressing estate planning in the digital realm is headed for the Delaware General Assembly. A new bill from Rep. Darryl Scott (D-Dover) would require companies like Google to hand over control of users accounts to a trusted person outlined in their will. Companies would be required to give estate...
  • Levels of Asset Protection Each person's situation is unique and an asset protection plan must be custom-tailed to address the particular risks, assets and family needs or other objectives or concerns. While a custom plan is needed, the following is a list of the general levels of protection that we should all consider: Level...
  • What Can Impact My Estate Planning? From probate and ownership division to the taxing arm of Uncle Sam, here are some ideas that can influence what happens to your belongings. Remember, everything you own is considered part of your estate when you die. To grasp the importance of planning for the distribution of your worldly goods,...
  • Estate Planning: Check Your Beneficiary Designations With today's relatively generous $5.34 million federal estate tax exemption, you may think estate planning is only a concern for the rich. Wrong! Regardless of your income or net worth, there's one estate planning move you should probably make right now: Check the beneficiary designations for your life insurance policies,...