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 Not having an estate plan in place makes probating your estate difficult; however, having an outdated … [Read more...]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?
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
The amount you can pass free from estate tax is at a record high of $11.7 million per person. There’s legislation which would lower the exclusion to $3.5 million per person. Married people can take advantage of the current exemption. Read on to learn more. … [Read more...] about Use It Before It’s Gone
Clients often come to an Estate Planning attorney with specific ideas in their minds. The attorney’s role is to counsel them regarding their plan, not just to draw up documents to accomplish it. Read on to learn more. … [Read more...] about The Role of the Estate Planning Attorney
The average estate plan incorporates a wide range of inter-related tools which can sometimes be confusing to the beginner. For example, you likely know that a Will is a common estate planning document used to distribute estate assets; however, do you know what a Living Will is? Although they sound very similar, they are used for very different purposes within your estate plan. Because it is … [Read more...] about Why Should I Have a Living Will?
Runoff Elections in Georgia resulted in a Senate controlled by Democrats. Could this impact your Estate Planning? It’s possible. Read on to learn more. … [Read more...] about Biden Administration Could Reduce Estate Tax Exclusion
As we begin a new year, it’s a good time to start off right. If you don’t already have an estate plan, now’s a great time to make an appointment with an estate planning attorney to get one. Read on to learn more. … [Read more...] about Starting the New Year Right