The “stretch” IRA generally no longer exists. But if you have a substantial balance in a traditional IRA, a properly designed charitable remainder trust (CRT) can allow you to replicate many of its benefits. SECURE Act’s Effects on Stretch IRAs For years, a stretch IRA was an effective tool that allowed your children or other […]Continue reading
When you are dealing with a tough situation involving a real estate matter, a lawyer can give you personalized assistance. Real estate cases often involve disputes between many different parties, such as government agencies and third party contractors, making them hard to resolve successfully. Taking on legal issues on your own is not recommended if […]Continue reading
When you are going through the estate planning process and are considering whether you should work with a lawyer or not, one thing that you may want to consider is whether you would be comfortable with your estate going public. In fact, many people do not realize when they are estate planning that once they […]Continue reading
It’s difficult for many people to think about their mortality, so it’s not surprising to learn that many put off planning their own funerals. Unfortunately, this lack of planning may result in emotional turmoil for surviving family members when someone dies unexpectedly. Also, a death in the family may cause unintended financial consequences. Why not […]Continue reading
Although your will or revocable trust governs the distribution of many or most of your assets, certain assets — such as retirement plans, insurance policies, and bank or brokerage accounts — require you to name a beneficiary (or beneficiaries). This can be an advantage, because when you die, the funds can pass directly to your […]Continue reading
As a business owner, you will be entering into contracts with vendors, landlords, and possibly independent contractors. Although you want to trust others will be true to their word, you should have a contract in place for almost all agreements to protect your business. Many business owners have limited experience with contracts, which is […]Continue reading
Workers’ Compensation Lawyer There are many work-related injuries that seem like obvious candidates for a successful workers’ compensation claim. For example, slipping and falling off of a ladder while putting boxes away may seem like something that would clearly be grounds for getting your workers’ compensation benefits. However, there are other types of injuries that […]Continue reading
If you’re married and have children from a previous marriage plus children or stepchildren from your current marriage, your family is considered a blended family. And because you’ll likely wish to pass your wealth on to all of your biological children but also provide for your spouse and perhaps any stepchildren, estate planning can get […]Continue reading
If you’ve recently divorced, your time likely has been consumed with attorney meetings and negotiations, even if everything was amicable. Probably the last thing you want to do is review your estate plan. But you owe it to yourself and your children to make the necessary updates to reflect your current situation. Keep Assets in […]Continue reading
Hopefully, you already have a sound estate plan in place to protect the interests of your heirs and minimize potential estate tax liability. But that doesn’t mean you’re completely in the clear. You can’t just fill out the paperwork, lock up the documents in a file cabinet or store them electronically, and forget about it. […]Continue reading
