by John C. Martin | Dec 12, 2012 | Asset Protection, Beneficiaries, Estate Plan Maintenance, Estate Planning for Families, Gift Tax Exemption, Life Insurance, Living Will, Long-Term Care, Tax Planning, Trusts, Wills
The end of the year will be here before we know it. But there is still time to meet some major estate planning goals. Here are ten things to do before the end of 2012. 1. Have your estate planning done. Set the end of the year as your deadline to finally get...
by John C. Martin | Nov 15, 2012 | Estate Plan Maintenance, Tax Planning
Planning For Incapacity and Long-Term Care With people living longer due to advances in medicine and changes in lifestyle, odds are that most of us will become disabled for some time before we die and may need long-term care. Unfortunately, too few plan for an event...
by John C. Martin | Nov 8, 2012 | Estate Plan Maintenance, Tax Planning
Time is Running Out to Save Unprecedented Amounts in Taxes For the rest of 2012, every American can transfer up to $5.12 million free of federal gift, estate and generation-skipping transfer tax—and estate planners are doing everything they can to motivate their...
by John C. Martin | Nov 1, 2012 | Estate Plan Maintenance, Tax Planning
Naming a Guardian for Your Minor Child(ren) Parents with minor children need to name someone to raise them (a guardian) in the event both parents should die before the child becomes an adult. While the likelihood of that actually happening is slim, the consequences of...
by John C. Martin | Oct 25, 2012 | Estate Plan Maintenance, Tax Planning
Life Insurance: How Much and What Kind? Life insurance can be an affordable way to provide for our children, spouse, a sibling, aging parents and others if we should die while they are depending on us. Life insurance proceeds can provide extra income to help pay...
by John C. Martin | Oct 18, 2012 | Estate Plan Maintenance, Tax Planning
Estate Planning for Women While estate planning is important for everyone, women especially need to understand estate planning and have a plan of their own in place. Here are some issues that are of particular interest to women and their estate planning....