Sentences with phrase «in estate planning»

An attorney or financial planner who specializes in estate planning, or a certified estate planner licensed in your state, will know the laws for properly setting up and maintaining your accounts.

These policies are often used in estate planning in order to leverage certain tax deductions.

Talk to your kids about which items they might want, he said, and include in your estate plan pictures and a detailed list of who gets what.

The firm also has a wealth of experience in estate planning matters involving estates containing large amounts of land and other agricultural property.

Here are three steps to including your pet in your estate planning documents.

It's a question being addressed increasingly as more people are including pets in their estate planning.

I think before engaging in estate planning for a parent, one would be wise to seek input from an estate planning professional to avoid unnecessary consequences.

Our agents are highly experienced in estate planning matters and we would be happy to help you with any of your life insurance needs.

In many ways, life insurance plays an active role in the estate planning process — primarily for its tax advantages.

Therefore, it is important to work with a professional who is well versed in estate planning in order to ensure that your trust is set up correctly.

Investing in the advice of an attorney with expertise in estate planning as well as a skilled financial specialist is an investment well worth making.

For example, if you are involved in estate planning you might ask your readers a question like whether they think getting their will prepared is scary or comforting.

There are various different reasons that you would want to include life insurance in your estate planning.

This policy is more often used in estate planning as it can help heirs to pay inheritance taxes or any debts that would be passed to them.

When life insurance is used as a tool in estate planning, it is best to consult an attorney to determine which types of insurance offers the greatest tax advantages for your specific situation.

Permanent life insurance will be in force long after a term policy expires, and play an important role in estate planning.

Another one that I really think all attorneys can be using, and it's one that I recommend a lot for my clients in my estate planning practice is a password manager app.

Including Animal Friends in your estate planning is a meaningful way to create a lasting legacy and ensure a second chance to thousands of homeless animals.

Business entities can also be useful in the estate planning context, providing limitations on liability or tax savings.

Have there been any changes in estate planning and asset management regulations which have deeply impacted your clients?

With so many legal issues yet to be decided, people should be sure they include digital assets in their estate planning and encourage their loved ones to do the same.

I do recommend you consult with an attorney knowledgeable in estate planning and elder law and a CPA.

Your accountant or financial adviser can work with a legal professional who specialises in estate planning.

Most people know that having a will or trust is essential in estate planning.

My particular focus was in the estate planning area of that.

Please note that in some states, a transfer on death deed is a more appropriate document if in fact you're including property in an estate plan.

After you've taken care of these legal obligations, you may include your other adult children in your estate plan.

By acknowledging your commitment to animals, we hope to inspire others to remember NHS in their estate planning.

His practice is concentrated in estate planning, probate, trust administration, asset protection and taxation.

Creating a will yourself is an option in the estate planning process, but there are times when you should consult a lawyer and get their expertise, especially if your affairs are complicated.

One of the best ways to include funeral costs in your estate planning is by seeking out life insurance that covers such final expenses.

Make sure your family gets what it needs by including a disclaimer provision in your estate plan.

For these and similar second death concerns, second - to - die insurance can often be the right policy in estate planning.

Below is the legal information needed to name NHS as a recipient of a gift in your estate planning.

The savings component not only can be collected with payments to provide for liquidity in later years, but it can also be left to others in an estate plan if desired as well.

Surprisingly, most investors do not intend to include their financial advisor in their estate planning.

The numbers would suggest digital assets, including loyalty points, are a new frontier in estate planning.

What is a will and what role does a will and living will play in estate planning?

A larger investment portfolio, a bigger home, or a growing art collection should be addressed in your estate plan.

So let's say you're building a niche in estates planning and administration for business owners in a particular industry.

Conventional wisdom has it that there is value in an estate planning practice.

While she started her career at a small firm, she recently went out on her own to reap the rewards of building a business in estate planning and probate.

Also, «legal life estates» are actually old school and unpopular in estate planning (and a peculiar to common law countries).

Basically, you should include anything that your heirs might want or need to know that wasn't outlined in your estate plan; this list provides further detail on what to include.

One of the best ways to add protection in your estate plan is to transfer the title of your primary residence to your children while retaining a life estate.

You also have plenty of experience as GC of various companies; how does this experience translate into the legal work you deal with nowadays in estate planning?

Generally, term insurance plays a significant role in replacing pure income needs of an individual instead of coming handy in estate planning or charitable giving strategies.

For example, using whole life insurance for leverage in estate planning is a great way to maximize your estate.

If you want someone who can take a heavier hand in your estate plan, check out an estate lawyer in your area.

While this shouldn't deter you from making a trust if you need it, you should understand its purpose in your estate plan relative to your will.