Black Panther Star Chadwick Boseman Dies Without A Will On October 15th, nearly two months after the death of Black Panther star Chadwick Boseman, his wife, Taylor Simone Ledward, filed documents with the Los Angeles probate court seeking to be named administrator of his estate. Earlier this year, Boseman and Ledward were married, and the …
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CORONAVIRUS TAX CUTS. THE SILVER LINING. Is it really time to start thinking about filing your 2020 taxes? 2020 is a particularly important year to start planning. In 2020, we have to consider inflation. The Coronavirus Aid Relief and Economic Security (CARES) Act provides individual taxpayers several new tax breaks, most of which will only …
ESTATE PLANNING FOR YOUNG ADULTS Why do young adults, as early as 18, need estate planning? And why should it be a priority for you and them? Here’s why: the minute a person turns 18, they become legal adults and you, the parent, no longer have the legal authority to make decisions for them. And …
FOUND $$$ Rarely does a person work for a single employer for decades until retirement. Most people are likely to changes jobs multiple times during their lifetime. According to the Bureau of Labor Statistics, workers have held an average of 12 jobs by the time they reach their 50s. With so many job changes, it …
DO YOU NEED A “GO-BAG?” Go-bags originated with the US military which requires personnel to keep one on hand packed with essentials for survival. Over the past few weeks we’ve experienced deadly forest fires in California, Arizona and Colorado. The East and Gulf coasts have suffered hurricanes and tropical storms. The Midwest has endured tornados …
ARE WE THERE YET? ESTATE PLANNING FOR LGBTQ COUPLES There is a case pending before the US Supreme Court which is on the docket for October 2020. Fulton v. City of Philadelphia. A religious-based adoption agency had contracted with the City of Philadelphia and agreed to abide by its anti-discrimination laws. Regardless, the agency refused …
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Avoid These 4 Mistakes When Naming Life Insurance Beneficiaries You may have life insurance as part of your estate plan. When naming your beneficiaries, there are mistakes you can make that could lead to potentially dire consequences for the very people you’re trying to protect and support. The following four mistakes are among the most …
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COVID-19 Highlights Critical Need for Advance Healthcare Directives—Part 2 In last week’s article, we discussed the vital importance of having updated advance directives in place in light of COVID-19. Here, we’ll look at several additional provisions you should consider adding to your directives to address potential contingencies related to the pandemic. The most crucial planning …
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COVID-19 Highlights Critical Need for Advance Healthcare Directives—Part 1 As the COVID-19 pandemic continues to ravage the country, doctors across the nation are joining lawyers in urging Americans to create the proper estate planning documents, so medical providers can better coordinate their care should they become hospitalized with the virus. The most critical planning tools …
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I love you all the same. Inheritance Planning when unequal distribution may be appropriate. Your inclination is to treat all of your children equally when it comes to an inheritance. Truest Law knows that is not always the best choice for your family. Below are several reasons when you may want to make an unequal …