When you think about creating an initial estate plan, you likely focus entirely on the need to create a roadmap for the distribution of your estate assets in the event of your death. While that certainly will always remain an important estate planning goal. You will undoubtedly include additional goals into your estate plan over time. The best way to decide which estate planning goals should be … [Read more...] about Top 5 Estate Planning Goals
During times of high stress such as tragedy or emergency, we tend to feel helpless. This article explores how a comprehensive estate plan helps reduce anxiety in uncertain times. Read on to learn more. … [Read more...] about Estate Planning Reduces Stress During High Anxiety Times
In today’s electronics culture, just about everyone owns a cellphone, tablet, or laptop computer on which they spend a good deal of time on various social media platforms. For grandparents, their best (and sometimes only) opportunity to find out what is going on in a grandchild’s life is through that grandchild’s posts on social media. The problem with that is that it isn’t only the grandkids who … [Read more...] about Keeping Elderly Loved Ones Safe in the Age of Social Media
One of the most common additions to a comprehensive estate plan is a trust agreement. Although every trust agreement is unique, one thing all trusts have in common is a Trustee who is charged with administering the trust agreement. Appointed by the Settlor (creator of the trust), a Trustee has a wide range of duties and responsibilities during the administration of a trust. For a first-time … [Read more...] about Common Trust Administration Mistakes
Although people often fail to realize it, one of the most important decisions you will make when creating your Last Will and Testament is deciding who to appoint as your Executor. To help you choose the right person for the job, a Vero Beach estate planning attorney at Kulas Law Group discusses the role of an Executor. Probate Basics Over the course of a lifetime, almost everyone acquires … [Read more...] about What Does an Executor Do?
There are many parts to an Estate Plan. The Revocable Trust is just one part. It’s important to coordinate the various parts of the Estate Plan. Read on to learn more. … [Read more...] about It’s Important to Have a Coordinated Estate Plan
Despite understanding the importance of estate planning, over half of all Americans do not have an estate plan in place. If you among the minority, and you have created an estate plan, you are a step ahead of the majority. Do not then make the mistake of never revisiting and revising your plan. Not having an estate plan in place makes probating your estate difficult; however, having an outdated … [Read more...] about How Often Do I Need to Update My Estate Plan?
You might assume that anyone who does have substantial assets would have a well thought out plan in place. In reality, however, that is not always the case. In fact, some very well-known and well-off celebrities have died and left behind estate planning disasters. To help you avoid making them yourself, the Vero Beach estate planning attorneys at Kulas Law Group discuss some of the most famous … [Read more...] about Celebrity Estate Planning Mistakes
The Heckerling conference, the largest conference for Estate Planning in the country, occurred recently. Many of the thought leaders in Estate Planning and Elder Law got together and discussed recent developments and new strategies. Read on to learn more. … [Read more...] about Estate Planning Conference Discusses “For the 99.5% Act,” SECURE, and More
There is a great deal of legislation pending and much is uncertain. But this much is certain, the estate tax exclusion will go down by half beginning 2026 under current law. Now is the time to plan for your clients and yourself. Read on to learn more. … [Read more...] about Plan Now for the Incredible Shrinking Exclusion