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When was the last time you looked at your estate plan? Was it just after getting married? Perhaps you updated a few things when your children were born? Maybe you have yet to put together an estate plan. It is never too soon to begin preparing your estate, and the beginning of a new season is an excellent time to…
Wills, trusts and powers of attorney are all essential parts of an estate plan. Yet, given the rapid growth of technology and the extent of the average American’s presence online, it is imperative that individuals create an estate plan for their digital assets. Technology continues to change the way we live. From online banking to keeping in touch through social…
There are many ways to learn the basics of estate planning. The internet in particular offers a vast wealth if information regarding the topic. However, estate planning is a detailed and tedious process that requires experience and legal knowledge. Individuals, therefore, should avoid trying to undertake the process alone. Here, the estate planning attorneys at Snee, Lutche, Helmlinger & Spielberger,…
Many people do not start to consider creating an estate plan until they have reached a certain age, started a family or built a career and a savings. But it is equally as important for younger individuals to be planning their estates as it is for older generations. The estate planning attorneys at SLH, have provided the following information to…
Educational trusts ensure that the money being allocated to a fund can only be used for educational expenses. It is important to structure these trusts properly so that funds are used in a specified manner and at the time they are intended. When structuring a trust, you must specify the terms designating elements like how, when and by who the…
The estate planning attorneys at Snee, Mahoney, Lutche & Helmlinger discuss the importance of creating a trust for minor children and explanations on how to do so. A trust for minors is very similar to a trust for adults with the sole exception that the testator (or the person creating the trust) must appoint a custodian to manage the finances…
The estate planning attorneys at Snee, Mahoney, Lutche & Helmlinger discuss the importance of creating a trust for minor children and explanations on how to do so. A trust for minors is very similar to a trust for adults with the sole exception that the testator (or the person creating the trust) must appoint a custodian to manage the finances…
Estate planning is one of those tasks that routinely falls to the bottom of the to-do list. Everyone knows that it is important. Everyone vows to do it. However, it somehow never quite gets the attention it deserves. It is basically the prototypical candidate for a “New Year’s Resolution.” Completing or updating the family estate plan can make for a…