The Premier Legacy Law Legacy Vault is a secure, encrypted online platform that allows our clients to store, manage, and share important personal, financial, and legal information. Instead of relying on paper documents that can be lost, damaged, or difficult to access, you can digitally organize everything in one place for easy retrieval when needed.
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The relationship between spouses holds a unique significance, this is also the case in the context of estate planning. While you can generally choose to exclude certain individuals from your estate plan—such as parents, siblings, and adult children—special legal protections exist to prevent a spouse from being disinherited.
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If you are a millennial, we understand that your concerns may differ from someone of a different generation, and we are here to help you craft an estate plan that protects your future and addresses the things that matter most to you. In this article, read about some important steps you need to take to ensure that you have a comprehensive estate plan.
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Under the Corporate Transparency Act (CTA), which took effect January 1, 2024, many business entities including limited liability companies (LLCs) and partnerships are required to file reports with the Treasury Department’s Financial Crime Enforcement Network (FinCEN). In these filings, applicable businesses must disclose important information about their entity. However, recent developments have called into question the constitutionality of these requirements.
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This article explores some of the myths and FAQs related to estate planning for young adults.
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For many business owners, their business is one of the most valuable and important things they own. When it is time to sit down and create an estate plan, it is critical that business owners plan for their business just as they would plan for their home or finances. Effective business succession planning ensures a seamless transition of ownership upon the potential occurrence of many different events, such as the business owner’s retirement, disability, or death.
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Whether you have inherited your wealth or have built it yourself, you likely want to share this wealth with the next generation and beyond. Read this article to learn how an estate plan protects family wealth.
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Before setting up a revocable living trust, you should understand what you can—and cannot—do in your dual role as trustor and trustee.
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If you are considering making a donation to a public charity, you are not limited to donating cash. Depending upon your financial situation, giving objectives, and the needs of the charitable organization, certain accounts or pieces of property may be better suited for donation to the charity.
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The main purpose of the probate process is to distribute the deceased’s money and property in accordance with the Will or state law. Not all Wills, and not all accounts and property, need to go through probate court. And just because a Will is filed with the probate court does not mean a probate needs to be opened. But whether or not probate is necessary, most state laws require that a Will be filed when the creator of the will passes away.
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