Downs Law Firm, P.C.
Learn from a teen’s loss of a $250K inheritance and discover how inheritance trusts can protect and guide your family’s future financial decisions.
I have been diagnosed with brain damage and dementia. Word to the younger folks: I woke up last year and suddenly could not spell or write legibly. No warning. No symptoms.
Discover why updating your estate plan is crucial for securing your legacy. Don’t wait for a life event to make necessary changes.
Start by thinking of family and friends who share your values and have a loving bond with your children. They should be people you trust to raise your little ones with the care, wisdom, and courage of a legendary hero.
If the strategy is executed properly, an individual can disclaim interest in an inherited IRA and avoid any of the gift and income tax consequences associated with receiving the property.
Understanding the differences between Medicaid planning and estate planning is crucial for anyone looking to secure their financial future and ensure that their healthcare needs are met in their later years. While each serves distinct purposes, they are often interconnected, requiring careful coordination to achieve your overall planning objectives. Learn more about how you can protect your assets, ensure access to necessary care and leave a legacy for your loved ones.
At some point, you’ll want to share your estate plans with your loved ones—and the first step in this process may be to hold a family meeting.
If you don’t have a written plan in place, all sorts of things could snowball, starting with your heirs or caretakers not having log-in credentials to access your online accounts.
This Valentine’s Day, let’s bring back the warmth, the laughter, and the joy of simply being together. Here’s a playful and relaxed guide to making your Valentine’s appreciation memorable, meaningful, and magical.
With good planning, unmarried couples can receive many of the same legal protections as married couples when it comes to inheritance and taxes.
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