Here are 5 questions you should consider asking and understanding if you’re thinking about a living trust. 1. Why is a living trust beneficial for my specific situation? You will want an understanding of how a living trust can address your unique circumstances, such as asset protection, avoiding probate, or minimizing estate taxes. Our team can...
An estate planning attorney plays an important role in navigating through life’s changes, especially when it comes to ensuring your estate plan stays current. Life’s various stages, from marriages and births to financial shifts and relocations, each have profound implications on your estate. This article delves into how to keep your estate plan aligned with...
Regardless of your wealth or age, estate planning is a personal step that each adult should consider to safeguard their family’s financial security and leave a lasting legacy. As your trusted estate planning lawyer, Taylor Minette Schneider Clutter Law is here to demystify this often complex process. Our thoughtfully created guide is here to personally...
When the time comes for you to go, you’d want to leave something behind to your next of kin – the family home, a lake cabin, your car, jewelry, works of art, or even your bank accounts. You’ve worked hard over the years to accumulate and maintain these assets; you’d want to properly pass them...
When it comes to estate planning, most people often hear phrases like “the death tax” and other terms on taxation that don’t address the most important issue: Protecting your family from the stress and difficulties that losing a loved one often brings. Without the benefit of a will or trust, navigating the emotional, complicated, and...
There are many reasons you can benefit from having an estate law attorney, especially in knowledge-based industries like finance. An estate planning attorney can aid you in analyzing the value of your property, setting up trusts, writing up wills, and handling all property management. Due to the importance of such a service, you must know...
November is National Adoption Month. Adopting a child is one of the most amazing experiences a family can enjoy. No matter what the situation, it’s a very special and personal experience and parents are taking on the task of providing children with a loving home and the security they need to live happy, healthy lives....
While his life’s work was all about making people laugh, the last years of legendary actor and comedian Groucho Marx were anything but pleasant. While he had a will, Marx did not plan for incapacity. As a result, his partner and children fought for years over the right to make decisions regarding his finances and...
Wills and testaments are necessary for ensuring that the wealth of a person who has passed away is allocated according to his or her wishes. Unfortunately, two out of three adults in the country don’t even have estate planning documents on hand. Only 28 percent of people over the age of 55 are motivated to...
According to the US Census Bureau, 90 percent of businesses in the United States are family owned. And they account for more than half of our nation’s employment. This includes farm operations, of which 97 percent are family owned, per the USDA. Surprisingly, it’s estimated that nearly six out of ten family businesses don’t have...
