Drafting your Will using Online Tools can Lead to Unwanted Outcomes BY THEUS LAW OFFICES The novel coronavirus (COVID-19) pandemic has refocused people’s thoughts on the health and safety of their families. In addition to taking the necessary steps today to protect your loved ones, it’s equally important to consider their financial security in the future. [...]Continue reading

Build Flexibility into Your Estate Plan with Powers of Appointment BY THEUS LAW OFFICES There are several tools you can use to build flexibility into your estate plan. Flexibility is especially important now because of an uncertain estate planning environment. The federal gift and estate tax exemption currently is an inflation-adjusted $11.58 million (the highest it’s ever [...]Continue reading

Looking for a Trust that can also Act as a Financial Backup Plan? Consider a SLAT BY THEUS LAW OFFICES Some of the most effective estate planning strategies involve setting up irrevocable trusts. For a trust to be deemed irrevocable, you, the grantor, lose all incidents of ownership of the trust’s assets. In other words, you’re [...]Continue reading

Estate Planning when Time is Short BY THEUS LAW OFFICES The novel coronavirus (COVID-19) pandemic has caused some people to contemplate their own mortality or that of a family member. For those whose life expectancies are short — because of COVID-19 or for other reasons — estate planning can be difficult. But while money matters may [...]Continue reading