Pets and the elderly

Pets and the Elderly

We have written and talked before about pets and the elderly client in our office. But most of that discussion has focused on how to make plans for your pets after your inevitable demise. What about taking care of pets — and having them help take care of you — as you age? As we…

Planning for 2021

Planning for 2021

It will come as no surprise that there is an election in November, 2020. Depending on the outcome, there might be significant changes in estate, gift and generation-skipping taxes as soon as next year. Are there things that you need to consider in your planning for 2021? Yes, there are some. Mostly, though, the planning…

Trust Funding 201

Trust Funding 201

Time for your next podcast class: Trust Funding 201. You signed your living trust (and related documents). Good. You’re halfway done. The rest of the job: transferring assets to the trust. In last week’s podcast we focused on some of the basic funding issues, in what we called Trust Funding 101. This week we offer…

Trust Funding 101

Trust Funding 101

It can be challenging to figure out how to title assets after you have created a revocable living trust. We’re calling this initial review Trust Funding 101. We discuss some of the common titling issues. In a later episode (Trust Funding 201) we will cover some of the more complicated trust funding issues. That’s when…

Arizona community property

Arizona community property

The “community property” rules sometimes confuse or alarm lawyers from states that apply the “common-law” property rules. Arizona community property is not really that complicated, but it can be foreign to estate planning practitioners from other states. In this podcast episode, we try to simplify some of the Arizona community property rules. They seem second…

Estate planning with blended families

Estate Planning With Blended Families

We often consult with blended families about their estate planning. Those families — sometimes with “yours, mine and our” kids, or disparate young-adult backgrounds — can pose special concerns for us to work through. How common are concerns? The U.S. Census Bureau reports that 1,300 new step-families are formed every day. More than half of…

Planning with childless clients

Planning With Childless Clients

There is a lot of social and familial pressure for most people to leave the bulk of their estate to their children. Sometimes, though, we deal with planning with childless clients. How are they different? In this podcast episode we talk about estate planning with our childless clients. Their planning might pose different concerns, like:…