Category: Estate Planning
The cremated remains of an Arizona woman’s father were stolen off her porch, after the package containing them was left there by a postal worker. Every December the major news outlets can be counted on to run three specific stories at least once. The first one is that carriers are having problems delivering a high […]
Can a Wisconsin family be brought back to life in the future? A man in Wisconsin has signed up for himself, his wife and their three sons to all be cryogenically frozen after they pass away, according to the Daily Mail in “Father spends $140,000 to sign his whole family up to be frozen in […]
Special needs trust may be answer to new tax reforms. Some of the people who were concerned about the new tax reform law were people with disabilities, according to The Hill in “Restructured tax code would unduly burden people with disabilities.” However, the concerns raised in that article did not materialize. Not only will they […]
If you have assets in more than one nation, you need to be sure of the laws for a solid estate plan. There are people who might need more than one will, if they have assets in more than one country and are a citizen of both countries, according to the Financial Review in “Double […]
Doctors pondered the legal strength of a “Do Not Resuscitate” tattoo. Doctors had to figure out whether to follow the directions of a “Do Not Resuscitate” tattoo, according to CNN in “A man’s tattoo left doctors debating whether to save his life.” An unconscious 70-year-old man was brought into a hospital. He had a high […]
Estate planning has not kept up with children joining families through technological means. While estate planning has generally kept pace with Americans living in blended families, it has not kept up with the developments in medical science for people to have children through such things as surrogacies and frozen embryos, according to Private Wealth in […]
It is best to consider all possibilities when making plans to protect your family. In addition to creating your will and an estate plan, you might consider that while you are at the attorney’s office you should also get plans for what might happen if you become incapacitated, according to the Times Herald-Record discusses in […]
State laws are similar, but differences can turn out to be important. If you relocate to another state, it is important to revisit your estate plan because there are a number of variables that have an impact on the plan, according to The Times Herald in “Moving can affect your financial planning.” Generally speaking, if […]
If your children inherit your retirement accounts, they will have options about what to do with them. The Wills, Trusts & Estates Prof Blog discusses some of the options that heirs have when inheriting retirement accounts in “What Your Kids Can Do When They Inherit Your Retirement Accounts.” Most people designate their spouses as the […]
Value of shares in a private company can more easily be lost because of the time factor. Shares in most public companies can be sold quickly and easily. However, if you leave your heirs shares in a family business, it can be more difficult because money can more easily be lost, according to the Wills, Trusts […]
