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Estate Planning and Elder Law Blog

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Category: Estate Planning

Estate planning services refer to the process of managing and distributing one's assets and properties after their death, in a way that ensures the smooth transfer of wealth to the intended beneficiaries while minimizing taxes and other expenses. Estate planning services may include drafting legal documents such as wills, trusts, and powers of attorney, as well as providing guidance and advice on strategies for asset protection and wealth transfer. These services may be provided by lawyers, financial advisors, or other professionals with expertise in estate planning. Effective estate planning can help individuals achieve their long-term financial goals and provide peace of mind for themselves and their loved ones.

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What Did the Rolling Stones’ Charlie Watts Say in His Will?

Posted on: June 30, 2022 | By: David Parker, Esq.
Rolling Stones star Charlie Watts has left £30million of his fortune to his family, UK probate papers have shown.
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Can a BDIT save you on taxes?

What Is Justin Timberlake Doing with His Estate Planning?

Posted on: June 29, 2022 | By: David Parker, Esq.
Justin Timberlake is cashing his chips in at the window.
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NFT's and estate planning

Your Cryptocurrency and NFTs Need to Be Included in Your Estate Plan

Posted on: June 28, 2022 | By: David Parker, Esq.
Handled incorrectly, these popular assets could go poof. You need a password-sharing plan, a plan for naming beneficiaries and possibly a trust.
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Firearms and estate planning

Can My Firearms Be Part of Estate Plan?

Posted on: June 27, 2022 | By: David Parker, Esq.
Firearms are unique in this regard; guns are the only item of personal property that carry an inherent risk of legal peril, including potential criminal liability, so careful and deliberate planning is warranted.
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Estate Planning for a Millennial

What Exactly Is a Prenup ?

Posted on: June 23, 2022 | By: David Parker, Esq.
Signing a prenup doesn’t indicate that you don’t have faith in your marriage, just like buying car insurance doesn’t mean you expect to get in a crash.
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Can a BDIT save you on taxes?

What Sparks a Will Contest ?

Posted on: June 22, 2022 | By: David Parker, Esq.
Some people draft wills or trusts to ensure that the loved ones they will eventually leave behind own a piece of the properties the former will be leaving behind in case of their death.
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A Special Needs Trust can protect your child.

Does a Supplemental Needs Trust have an Impact on Government Benefits?

Posted on: June 21, 2022 | By: David Parker, Esq.
For disabled persons receiving financially based government benefits, supplemental needs trusts (‘SNTs’) can safeguard benefits and serve as an effective estate planning tool.
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What wrong with the Presley estate?

What Is the Proposed IRS Anti-Clawback Provision?

Posted on: June 20, 2022 | By: David Parker, Esq.
The Treasury Department is on the cusp of changing a taxpayer-friendly regulation regarding federal estate taxes, but there’s no need to panic. As long as taxpayers can show that their gifts are truly gifts, they should not be affected by the revision.
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Napping and senior health

Elderly Woman Thanks Firefighters for Ride to Visit Husband at Nursing Home

Posted on: June 17, 2022 | By: David Parker, Esq.
An 87-year-old woman stranded for hours by a taxi company was given a free ride home in a fire engine, thanks to San Diego firefighters who noticed she was in distress.
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Finding a Gret Estate Planning Lawyer

How to Find a Great Estate Planning Lawyer

Posted on: June 16, 2022 | By: David Parker, Esq.
One of the most important decisions you’ll have to make when creating an estate plan is which estate planning law firm to work with.
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