Compliments of Our Law Firm, Written By: The American Academy of Estate Planning Attorneys Although considering the event of one’s own death can be uncomfortable, it’s imperative to start planning ahead and set up an estate plan that will guarantee security for your loved ones. Meeting with a qualified estate planning attorney will ensure you’re informed about the choices available to you, and help relieve some stress knowing your affairs will be in order after your death. For some, this … [Read more...] about Common Estate Planning Terms You’ll Want To Know
Loaning Family Money – What You Need To Know
Loaning Family Money – What You Need To Know Written By: The American Academy of Estate Planning Attorneys People lend money to family members for a variety of reasons. For example, lending your son money to buy his first home, or lending your daughter money to start a new business. At some point, you may find yourself in a similar situation. Therefore, it is important to know how this will impact you from a tax standpoint. Are you charging the borrower interest on the loan? If so, you must pay … [Read more...] about Loaning Family Money – What You Need To Know
Fair Does Not Always Mean Equal
Compliments of Our Law Firm, Written By: The American Academy of Estate Planning Attorneys “It’s not fair!” Parents hear this protest all the time, and it often comes from children who confuse being treated fairly with being treated equally. One of the challenges of parenting is figuring out how to be fair to your children when, often, that doesn’t mean treating them exactly the same. Here’s an example: Andy is ten years old and Emma is sixteen. Emma has … [Read more...] about Fair Does Not Always Mean Equal
Estate Planning is Essential for Same-Sex Couples
Compliments of Our Law Firm, Written By: The American Academy of Estate Planning Attorneys You might not realize it, but you already have an estate plan. Even if you’ve never created a Will, never set foot inside an estate planning attorney’s office, and never given estate planning a second thought. Here’s why: each state provides every citizen with a default estate plan. This estate plan comes in the form of intestacy law – a set of basic, one-size-fits-all rules for what happens to … [Read more...] about Estate Planning is Essential for Same-Sex Couples
What to Expect at Your First Estate Planning Consultation
Compliments of Our Law Firm, By: The American Academy of Estate Planning Attorneys www.aaepa.com • blog.aaepa.com Your first meeting with an estate planning attorney may seem a little daunting, especially if you’ve never consulted an attorney before. There’s no need to worry, however. This meeting is just a conversation in which your attorney will find out about you, your family, and your goals. After you’ve shared this information, your attorney will be able to recommend a range of … [Read more...] about What to Expect at Your First Estate Planning Consultation
