Most people don’t want to plan for their inevitable death, let alone dementia. You can plan within your Living Trust for mental incapacity. You set the panel who decides when it is needed. You choose the doctor and which trusted loved ones turn on the mental disability provisions. Who do your assets pay for if... [Read More]
Steven developed a thorough plan to meet our complicated needs with a blended family and special needs child in a timely manner. - Cheryl F.
Mr. Jackson made a tough process easy and painless! - Kyle M.
"Integrity, trust - a rare item - it's here! - Ron F.
Analysts Project Estate Tax Exemption Going Back Down to $1 Million and Estate Tax Rates Back Up to 55%
Analysts recently advised that given the upcoming elections, they don’t anticipate Tax Law changes until 2013 or 2014 (click here to read the article). Therefore, they anticipate the Bush Tax cuts expiring on December 31, 2012, leading us back to Estate Taxes being applied on Estates with more than $1 million and Estate Tax rates... [Read More]
Constantly Update Your Estate Plan
You must update your Estate Plan, including your Trust and Will, constantly. The reasons you need to update your Estate Plan – Revocable Living Trust, Will, Health Care Powers, etc. – is that three things are always changing: the law, your relationships, and your assets. 1. The law is regularly changing by changes in the... [Read More]
A Will Cannot Plan for Mental Disability
A Will is only effective when you die, not before. It only moves assets that are titled in your name through the Probate Court. If there is real estate in different counties and different states, you may have multiple Probates to move those pieces of land. The Will cannot plan for Mental Disability care. We... [Read More]
Why Whitney Houston Shouldn’t Have Used a Will
Unfortunately, Whitney Houston used a Will based Estate Plan. Her “Last Will and Testament,” or Will, was admitted into Probate Court in Atlanta, Georgia. As guessed, Whitney’s 19 year old daughter is her sole beneficiary of the Will with payouts to her at ages 21, 25, and 30. Meanwhile, the Trustee would make payments on... [Read More]
Whitney Houston and Estate Planning – Part 3
As discussed before, right after we hear of the death of a celebrity, we ask, “How?”. Not long after, we ask, “How much money did they leave and to whom?”. Again, Whitney had traveled a troubled road of drug addiction and tough relationships. While alive, she had been separately sued at different times by her... [Read More]
Estate Planning Attorney Steven Andrew Jackson Featured in National Publication
Estate Planning and Asset Protection Attorney, Steven Andrew Jackson, of Asheville, North Carolina, was featured in Lindsay Hunt Media, a leading on-line authority on the use of Social Media in the world. The article discusses the use of Social Media in making your presence known professionally in the market place. The article mentioned Steve’s recent... [Read More]
Whitney Houston – Estate Planning Part 2
As we discussed last time, when a well known celebrity dies, after asking “How?”, we ask, “How much did they leave and to whom?” Rumors are that Whitney Houston left a multimillion dollar estate to her only child, an 18 year old daughter. This is an estate that should continue to grow with the sale... [Read More]
Whitney Houston’s Estate Plan Upon Her Unexpected Death
After the sudden death of 48 year old Whitney Houston, some of the first questions asked are: How did she die? What about her family? Some questions that come to mind right after that are: What estate did she leave behind and to whom did she leave it? Then, the informed reader asks: Will her... [Read More]
Register Now: Five Common Estate Planning Mistakes, 1 Hour CE Workshop
Please join us the morning of Leap Day, February 29, 2012, for an informative and fun one hour of Continuing Education. We’ll help you better help your clients and gather prospects as we go through the Five Common Estate Planning Mistakes. We’ll be in and out in an hour and get you on your way... [Read More]