The amount of money you can pass to your family through your estate is at an all-time high. But it will go down by at least 50% in 2026. Then big tax bills will be owed by your family. Right now, if you were to die, the government allows $11.7 million of your estate to…
What documents have taken on more immediate importance as the pandemic continues? Here is a list of documents to seriously consider dealing with immediately: Advance Health Care Directive — This document names someone to make health care decisions for you. You can describe your preferences for end-of-life care. Last Will and Testament — This document…
Legal Documents Every College-Age Student Needs As a parent, you lose the ability to make decisions on your child’s behalf when he or she turns 18. You no longer have the right to make medical decisions or speak with their doctors. If you would still like to have the ability to speak to your child’s…
If you own your home you may be considering ways to protect your most valuable asset from legal issues. Often, people consider putting real estate into an LLC. Although this may be a wise decision for income producing investment properties, this is often a bad decision for one’s own primary residence. Financially, there are multiple…
If you are considering embryo adoption it is important to consider the rights of future conceived children. These rights could effect who legally owns the embryo after the owner passes away. Issues like these are unique compared to traditional adoption, and the rules for the two are not always the same. As a preliminary matter,…
