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Category: Uncategorized

Three Things You Need to Know about Cryptocurrency and Your Estate Plan

Posted on July 25, 2022 | by Tom

Cryptocurrency’s popularity has rapidly increased in recent years, with more people buying and selling it. Here are three things you need to know about cryptocurrency in relation to your estate plan.

Beware of the Tax Consequences

Transferring your cryptocurrency to other people, either Continue reading →

Posted in Uncategorized

Powerful Provisions in Your Financial Power of Attorney

Posted on July 18, 2022 | by Tom

In a financial power of attorney, you designate a trusted decision maker (agent or attorney-in-fact) to act on your behalf if you become disabled or unable to manage your financial affairs. Depending on the provisions you choose to include, your agent may have the power to buy and Continue reading →

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Using Assisted Reproductive Technology: What Happens to Unused Genetic Material at Your Death?

Posted on July 11, 2022 | by Tom

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 technology, such as frozen sperm, eggs, Continue reading →

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Can a Trust Own My Business after I Die?

Posted on July 4, 2022 | by Tom

In general, the answer to the title question is yes, your trust can own your business after you die. However, there are a number of considerations that may impact the answer to this and the following questions. One consideration is the type of business interest you own. Is your business Continue reading →

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Seven Reasons for Considering a Family Office

Posted on June 27, 2022 | by Tom

A family office provides management services to a family whose businesses and wealth have become too complex and significant to manage by themselves. A family office often combines investment, legal, and tax services along with lifestyle and administrative services, such as making Continue reading →

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LGBTQ+ Estate Planning to Protect Yourself and Your Loved Ones

Posted on June 20, 2022 | by Tom

Estate planning is for everyone. Regardless of your wealth, age, marital status, gender identity, or sexual orientation, it is crucial to have a plan in place to protect your money, property, and loved ones in the event of an accident, illness, or death.

For LGBTQ+ Americans, estate Continue reading →

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What Happens to My Spouse’s Debts at Their Death?

Posted on June 13, 2022 | by Tom

A spouse’s death creates a difficult and demanding time for the surviving partner. As much as you might want space and time alone to process your grief, you may have certain responsibilities related to settling your deceased spouse’s affairs, including paying off their debt.

Most Americans Continue reading →

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When Rock Legends Pass Away: The Possible Fates of Meat Loaf’s $40 Million Estate

Posted on June 6, 2022 | by Tom

Meat Loaf, whose real name was Michael Lee Aday, passed away earlier this year at the age of seventy-four. The singer behind 1977’s Bat Out of Hell—one of the best-selling albums of all time—experienced ups and downs befitting his larger-than-life persona. He hit bottom with his 1983 Continue reading →

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Estate Planning Lessons We Can Learn from Encanto

Posted on May 31, 2022 | by Shelby Smryl

Not only is Disney’s award-winning animated film Encanto hugely entertaining, it also contains the following valuable estate planning lessons:

  • Leaving a family legacy is important and can have an impact beyond your immediate family.
  • Be sure to consider the significance of multigenerational Continue reading →
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Dutiful Child or Manipulator of the Elderly?

Posted on May 23, 2022 | by Shelby Smryl

As parents age and their physical and mental capacities diminish, it is natural for their adult children, recognizing the parents’ decreasing ability to care for themselves, to step in and help them. Often, a specific child will take over the bulk of the responsibilities such as taking Continue reading →

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  • Three Things You Need to Know about Cryptocurrency and Your Estate Plan
  • Powerful Provisions in Your Financial Power of Attorney
  • Using Assisted Reproductive Technology: What Happens to Unused Genetic Material at Your Death?

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