Your Last Will and Testament A Last Will and Testament is the legal document where you set out how your assets will be distributed and how your dependents will be cared for after you die. A Last Will and Testament is frequently the centerpiece of an Estate Plan. A person who dies with a will Read More
60% of Americans Don’t Have an Estate Plan
60% of Americans Don’t Have an Estate Plan Seriously. I recently came across this surprising information on estate planning. • Over 60% of Americans don’t have an estate plan….no will or trust….nothing!! • The cost of not having an estate plan is high – in both time and money. • When there has been a Read More
Uniform Fiduciary Access to Digital Assets Act
The Digital Afterlife Is a Mess In today’s world, many of us have chosen to go paperless, so all of our financial statements are delivered electronically; we even file digital tax returns. Our love letters may no longer be written in ink on paper, our reading and listening and viewing interests no longer documented by Read More
Really, Everyone Needs a Will
Really, Everyone Needs a Will — To begin with, by having a will, you can control who receives your property after your death. Without a will, the state you live in determines how your property is distributed, and you likely would do it differently. People don’t usually thinking about making a will until they are Read More
Revised Uniform Fiduciary Access to Digital Assets Act – LB 829
Revised Uniform Fiduciary Access to Digital Assets Act – A Summary – On April 13, 2016 the Nebraska Legislature passed LB 829, which adopts the Revised Uniform Fiduciary Access to Digital Assets Act (Revised UFADAA). The Act was signed into law by the Governor on April 20, 2016. In the Internet age, the nature of property Read More
Special Needs Trust for Grandchild
Question: Can I leave property in my will to my special needs grandchild? — Answer: While you can certainly bequest money and assets to those with special needs, such a bequest may prevent them from qualifying for essential benefits under the Supplemental Security Income (SSI) and Medicaid programs. However, public monetary benefits provide only for Read More
May Someone With Dementia Sign a Will?
May Someone With Dementia Sign a Will? Millions of people are affected by dementia, and unfortunately many of them do not have all their estate planning affairs in order before the symptoms start. If you or a loved one has dementia, it may not be too late to sign a last will and testament or Read More
Planning for Families Supporting Adults with Lifelong Disabilities
Planning for Families Supporting Adults with Lifelong Disabilities Parents who take time to plan while they still have the health, time, and energy to do so gain not only great peace of mind for themselves but also show care for the rest of their family. In these situations, planning is more than just a will Read More
Access to Digital Assets After Death
Access to Digital Assets After Death This isn’t a simple matter, even if you’ve planned. It used to be that people kept important things in filing cabinets, banks, and photo albums. Now everything from communications, to photos, to music, to sensitive financial information is increasingly kept online. In fact, 51 percent of U.S. adults bank Read More
Joint Ownership
Joint Ownership Many people own property in “joint tenancy” with another person or persons, usually their spouse, a relative, or in some cases, a business associate. It can be a convenient method of ownership and usually allows for the easy transfer of property upon the death of one of the joint tenants. However, holding property Read More