Wills / Power of Attorney related posts
Common Myths About Do-It-Yourself Estate Planning
January 5, 2017
Some common myths about doing your own Estate Plan. MYTH: I have chosen a godparent for my children, so it is not necessary for me to nominate a legal guardian for them in case something happens to me. FACT: Traditionally, the role of a godparent is to faithfully assist the godchildren in leading a spiritual and
Does Credit Card Debt Live Beyond Your Lifetime?
January 5, 2017
Many believe that credit card debt dies along with you. That is not exactly true. So what does happen to credit card debt after you pass away? There is no simple answer to this question. And the complete answer depends on a number of variables such as who else is on your account, whether you
Legal Strategies and Planning for Long-Term Care and Asset Protection
December 20, 2016
Planning for Long-Term Care and Asset Protection The Risks of Failing to Plan You can’t avoid it forever. The truth is, most of us are going to face unthinkable hardships as we age. Perhaps the most feared adversity seniors face is dementia. A disorder that degrades brain function one piece at a time and robs
Adding Children to Title of Real Property
December 16, 2016
Adding Children to Title of Real Property or Other Significant Assets May Create Problems People often have their own ideas of the easiest way to pass on their homes or other property to their children when they pass away. Later on, they may seek the services of an attorney to help them prepare a more
How to Make Tax Free Gifts
December 15, 2016
Most gifts of money or valuable assets to another are considered by the IRS to be taxable to the person making the gift. Exceptions Under current IRS rules there are four ways to make tax free gifts that are not taxable to the person making the gift: Annual gifts capped at $14,000 (indexed for inflation)
Common Questions Regarding Trusts and Second Marriages
November 9, 2016
Basic Questions on Trusts and Second Marriages Written by: Greg Reese, President & CEO, AmeriEstate Legal Plan, Inc. Questions: Are you in a second marriage, did you have children from the first? What happens when your spouse has children that you’ve grown fond of? How do you treat children from a prior marriage versus the
2016 Estate & Estate Tax Planning
November 9, 2016
Written by Greg Reese, President / CEO AmeriEstate Legal Plan, Inc. Question: How much is the allowable gift and estate tax lifetime exemption amount for 2016? Answer: the 2016 gift and estate tax lifetime exemption for 2016 will increase from $5,340,000 in 2015 to $5,450,000 per individual (or $10,900,000 for a married couple). Question: What
Trust Administration
March 19, 2014
A trusted expert resource in the most difficult of times AmeriEstate has the expertise and compassion necessary when a loved one has died or is experiencing a significant loss of health. Our experts know how to come alongside you and your family during this transitional time and ease the complex financial and emotional issues of
What Kind of Decisions Will I Be Making?
September 19, 2011
A Revocable Living Trust portfolio consists of the Trust and also Pour-Over Wills, Durable Powers of Attorney for Asset Management and the Health Care Directives. You, or you and your spouse are the Trustors and Trustees of the Trust – you are the owners and managers of your Trust. It’s really just two decisions: First,
Getting Started is Easy!
September 19, 2011
Let us be your guide in securing your essential estate planning needs. From information and education, to counseling with your qualified attorney, to preparing and recording deeds and other Trust funding support, the AmeriEstate team is here to assist you from beginning to end. We use a simple 3-part process:
