Although people often fail to realize it, one of the most important decision 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 […]
The post Who Should I Appoint As My Executor? appeared first on Kulas Law Group.
https://www.kulaslaw.com/who-should-i-appoint-as-my-executor/
Creating an initial estate plan is a crucial first step in protecting yourself, your assets, and your loved ones. Estate planning, however, is not something that is every truly “finished.” Over the course of your lifetime you will probably make numerous changes to your initial estate plan. For example, you may want to modify a […]
The post How Do I Make Changes to My Revocable Living Trust? appeared first on Kulas Law Group.
https://www.kulaslaw.com/how-do-i-make-changes-to-my-revocable-living-trust/
You have probably heard of the Medicaid program; however, if you have never before needed to rely on Medicaid to pay for your heath care expenses, you probably don’t know exactly what the program covers nor how to qualify for participation in the program. Likewise, if you have yet to reach retirement age, you probably […]
The post Medicaid vs. Medicare — What You Need to Know appeared first on Kulas Law Group.
https://www.kulaslaw.com/medicaid-vs-medicare-what-you-need-to-know/
For many Americans, owning and operating a family business is part and parcel of the American Dream. If that describes you, you have probably invested a significant amount of time and resources into your business. With that in mind, you have undoubtedly gone to great lengths to protect your business from things such as theft, […]
The post The Importance of Succession Planning in a Family Business appeared first on Kulas Law Group.
https://www.kulaslaw.com/the-importance-of-succession-planning-in-a-family-business/
While most people won’t actually say anything out loud, when a family member passes away they start to wonder what they will inherit from the decedent’s estate. In fact, family members often end up in costly and divisive court battles over the inheritance to which they feel they are entitled. Believe it or not, however, […]
The post Can You Reject an Inheritance? appeared first on Kulas Law Group.
A living trust is one of the most common tools used in estate planning. If you are contemplating the addition of a living trust to your estate plan, you probably have a number of questions about how a trust might fit into your plan, how to create a trust, and how a living trust terminates. […]
The post How and When Does a Living Trust Terminate? appeared first on Kulas Law Group.
https://www.kulaslaw.com/how-and-when-does-a-living-trust-terminate/
Planning for retirement is much more complex in the 21st century than it was in decades past. Workers can no longer rely on employer-sponsored pensions and the future of the Social Security system remains uncertain. Consequently, more and more people are saving for their own retirement using tools such as a 401(k) or an Individual […]
The post Is an Inherited IRA Taxable to the Beneficiary? appeared first on Kulas Law Group.
https://www.kulaslaw.com/is-an-inherited-ira-taxable-to-the-beneficiary/
If you recently lost your spouse, you are undoubtedly dealing with the emotional impact of that loss right now. The changes that need to be made to your estate plan in light of your spouse’s death is probably not at the forefront of your mind. Nevertheless, there are some changes you should likely consider making. […]
The post 5 Documents You Need to Review after the Loss of a Spouse appeared first on Kulas Law Group.
https://www.kulaslaw.com/5-documents-you-need-to-review-after-the-loss-of-a-spouse/
If you recently lost your spouse, you are undoubtedly dealing with the emotional impact of that loss right now. The changes that need to be made to your estate plan in light of your spouse’s death is probably not at the forefront of your mind. Nevertheless, there are some changes you should likely consider making. […]
The post 5 Documents You Need to Review after the Loss of a Spouse appeared first on Kulas Law Group.
https://www.kulaslaw.com/5-documents-you-need-to-review-after-the-loss-of-a-spouse/
When you initially sit down to create an estate plan, a Last Will and Testament may be all you need to ensure that you don’t leave behind an intestate estate in the event of your death. A Will can distribute your entire estate; however, as your estate and your family both expand, you may find […]
The post What Is a Family Wealth Trust? appeared first on Kulas Law Group.
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