Is Your Love Language Taxable?
It is better to give than to receive. But if you give a gift above a certain amount, you might end up owing money to the Internal Revenue Service (IRS)….
Returning to Work After an Injury
Most types of injuries due to a car accident, a truck accident, a slip and fall accident, a construction accident, or any type of accident require that you take off…
Car Wreck or Tiger Attack? Your Brain Doesn’t Know
Managing Driving Anxiety after an Accident Traffic accidents change lives. One moment you’re thinking about running errands, visiting friends, or traveling for work or pleasure. The next moment, a speeding…
No Contribution Is Too Small
Most American strive to earn a decent-sized paycheck to support themselves and their families when they go to work. Stay-at-home parents, however, work to provide valuable nonfinancial contributions to their…
Are Your Eggs in the Basket? Funding Your Trust
Working with an attorney to draft a trust agreement for estate planning purposes is an important step. But just getting the document drafted and signed is not enough. For any…
Tangled Webs We Weave: Property Deeds, Homeownership and Estate Planning
Do you really own the home you live in? If you are currently living in a property that you inherited but the deed has not been transferred into your name,…
Does HEMS Have You Saying “Hmm”?
In the world of estate planning, you may come across the acronym HEMS from time to time. HEMS stands for “health, education, maintenance, or support” and is frequently included in…
Pour-Over Will: Not Your Average Will
Wills and trusts are the two basic legal instruments that people use to pass accounts and property on to their loved ones at death. Although a living trust is often…
All Good Things Must Come to an End: Reasons a Trust Might Terminate
Nothing lasts forever. While trusts can stretch across generations and keep valuable money and property within a family, no trust has unlimited funds or an interminable time horizon. Every trust,…
Will My Spouse Get What They Need?
What is a QTIP trust? A qualified terminable interest property (QTIP) trust is an estate planning tool that married couples can use to minimize uncertainty about the future and maximize…