Many people believe that only the wealthy or the elderly should worry about wills and estate planning. This belief couldn’t be further from the truth. According to Caring.com’s 2023 Wills and Estate Planning Study, one out of three people said that COVID caused them to see a greater need for an estate plan, but 31% of those who saw a …
5 Questions to Ask an Estate Attorney
When it comes to estate planning, there are many things to think about. One of the most important things is making sure you have an attorney you can trust who can help guide you through the process. Here are five questions to ask an estate attorney before hiring them. 1. How Much Experience Do You Have With Estate Planning? You want an …
Thirteen Estate Planning Terms You Need to Know
Estate planning—it is an incredibly important tool, not just for the uber wealthy or those thinking about retirement. On the contrary, estate planning is something every adult should do. Estate planning can help you accomplish any number of goals, including appointing guardians for minor children, choosing healthcare agents to make decisions for you should you become ill, minimizing taxes so …
How to Own Your Real Estate
Real estate encompasses not only one’s primary residence but also other real estate such as a vacation home or a rental property. The ideal form of ownership varies depending on the type of real estate you own. Below, we take a look at the different types of real estate and offer advice about the best form of ownership for each. …
Q & A: What Happens if I Die with No Will?
Q & A Questions ______________________________________________________________________________ Q: If I die with no estate plan at all, what happens to my property? -No Plan Stan ______________________________________________________________________________ A: Dear No Plan Stan: If you die without an estate plan, your assets pass to your surviving family members according to your state’s intestate succession laws. Laws vary by state and depend largely on whether you were …
Part 3: What the Netflix Series Tiger King Can Teach You About Asset Protection Planning
Anyone who has seen the hit Netflix documentary Tiger King: Murder, Mayhem, and Madness can attest that it’s one of the most outlandish stories to come out in a year full of outlandish stories. And while Tiger King’s sordid tale of big cats, murder-for-hire, polygamy, and a missing millionaire may seem too outrageous to have any relevance to your own …
Part 2: What the Netflix Series Tiger King Can Teach You About Estate Planning
Anyone who has seen the hit Netflix documentary Tiger King: Murder, Mayhem, and Madness can attest that it’s one of the most outlandish stories to come out in a year full of outlandish stories. And while Tiger King’s sordid tale of big cats, murder-for-hire, polygamy, and a missing millionaire may seem too outrageous to have any relevance to your own …
Part 1: What the Netflix Series Tiger King Can Teach You About Estate Planning
Anyone who has seen the hit Netflix documentary Tiger King: Murder, Mayhem, and Madness can attest that it’s one of the most outlandish stories to come out in a year full of outlandish stories. And while Tiger King’s sordid tale of big cats, murder-for-hire, polygamy, and a missing millionaire may seem too outrageous to have any relevance to your own …
Why Your Will Might Fail
Did you know that even with a Will that your family will still end up in court? Why Your Will Might Fail One of the hardest phone calls I (David Taylor – Attorney) get is when someone is at the bank with a Will and they are confused as to why the bank is telling them they need to see …
Don’t Contribute to Idaho’s Unclaimed Property Upon Your Death
Learn How to Avoid Having “Unclaimed Property” Unclaimed Property is very real. According to KTVB, Idaho has about $30 Million in unclaimed property. (Check out the article here). I (David Taylor) have even been a victim of lost/forgotten property. When I was in college, I set up a checking and savings account at a bank in Boise. I didn’t like …